Excellent investment opportunity with a newer fully rented 4 plex in downtown Gravette. Great rental history and professionally managed, these nicely appointed units feature affordable living in close proximity of all that the Gravette business district has to offer.
Sold for $420,000
$420,000
109 2nd Ave SW, Gravette, AR 72736
6beds
4baths
2,834sqft
Multi Family, Apartment
Built in 2009
-- sqft lot
$-- Zestimate®
$148/sqft
$3,408 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,408/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
The Limbird Team 855-755-7653,
Limbird Real Estate Group
Bought with:
Curtis Realty Group
Keller Williams Market Pro Realty - Rogers Branch
Source: ArkansasOne MLS,MLS#: 1304146
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Originating MLS: Northwest Arkansas Board of REALTORS MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Disposal
Features
- Flooring: Carpet, Luxury Vinyl Plank, Tile
- Windows: Double Pane Windows
- Has basement: No
Interior area
- Total structure area: 2,834
- Total interior livable area: 2,834 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Exterior features: Concrete Driveway
- Fencing: Fenced,Partial
Lot
- Size: 6,969 Square Feet
- Features: Central Business District, Cleared
Details
- Parcel number: 1100551000
- Zoning description: Residential
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Architectural,Shingle
Condition
- New construction: No
- Year built: 2009
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Near Schools, Shopping
- Security: Smoke Detector(s)
- Subdivision: Karr & Powell Add Gravette
Location
- Region: Gravette
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $354,185
- Annual tax amount: $2,700
- Date on market: 4/10/2025
- Cumulative days on market: 135 days
- Listing terms: ARM,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $420,000-11.6%$148/sqft |
Source:  ArkansasOne MLS #1304146 Report a problem | ||
| 9/3/2025 | Price change | $475,000-5%$168/sqft |
Source: ArkansasOne MLS #1304146 Report a problem | ||
| 7/2/2025 | Price change | $500,000-9.1%$176/sqft |
Source: ArkansasOne MLS #1304146 Report a problem | ||
| 4/10/2025 | Listed for sale | $550,000+10900%$194/sqft |
Source: ArkansasOne MLS #1304146 Report a problem | ||
| 11/22/2017 | Listing removed | $5,000$2/sqft |
Source: Landmark Real Estate & Investment, LLC #1009028 Report a problem | ||
| 3/30/2017 | Price change | $5,000-50%$2/sqft |
Source: Landmark Real Estate & Investment, LLC #1009028 Report a problem | ||
| 5/21/2016 | Price change | $10,000+66.7%$4/sqft |
Source: Landmark Real Estate & Investment, LLC #1009028 Report a problem | ||
| 2/10/2016 | Pending sale | $6,000$2/sqft |
Source: Landmark Real Estate & Investment, LLC #744616 Report a problem | ||
| 9/24/2015 | Listed for sale | $6,000-53.5%$2/sqft |
Source: Landmark Real Estate & Investment, LLC #744616 Report a problem | ||
| 7/17/2015 | Listing removed | $12,900$5/sqft |
Source: Keller Williams - Fayetteville, AR #699330 Report a problem | ||
| 3/26/2015 | Listed for sale | $12,900+61.3%$5/sqft |
Source: Keller Williams Market Pro Realty #699330 Report a problem | ||
| 12/12/2013 | Listing removed | $8,000$3/sqft |
Source: Owner Report a problem | ||
| 11/5/2013 | Price change | $8,000-99.1%$3/sqft |
Source: Owner Report a problem | ||
| 9/13/2013 | Price change | $850,000+9344.4%$300/sqft |
Source: Owner Report a problem | ||
| 6/21/2013 | Listed for sale | $9,000$3/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,193 +10.3% | $63,020 +9.1% |
| 2024 | $2,894 +7.2% | $57,770 +10% |
| 2023 | $2,700 | $52,520 |
| 2022 | $2,700 +0.7% | $52,520 |
| 2021 | $2,682 +114.8% | $52,520 +116.8% |
| 2020 | $1,249 +1245.6% | $24,220 +1245.6% |
| 2019 | $93 | $1,800 |
| 2018 | $93 +5.1% | $1,800 |
| 2017 | $88 | $1,800 |
| 2016 | $88 | $1,800 |
| 2015 | $88 -0.5% | $1,800 |
| 2014 | $89 +5.1% | $1,800 |
| 2013 | $84 | $1,800 |
| 2012 | -- | $1,800 +25% |
| 2010 | -- | $1,440 |
| 2009 | -- | $1,440 |
| 2008 | -- | $1,440 -65.7% |
| 2003 | -- | $4,200 |
| 2002 | -- | $4,200 -15.5% |
| 2001 | -- | $4,970 |
| 2000 | -- | $4,970 |
Find assessor info on the county website
Neighborhood: 72736
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Nearby schools
GreatSchools rating
- NAGlenn Duffy Elementary SchoolGrades: PK-2Distance: 0.6 mi
- 9/10Gravette Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Gravette High SchoolGrades: 9-12Distance: 1.1 mi
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- Arkansas
- Benton County
- Gravette
- 72736
- 109 2nd Ave SW
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