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For sale
  • Price cut: $145.1K (6/6)
    $749,900

    215-219 Ross Ave, West Memphis, AR 72301

    --beds
    --baths
    18,848sqft
    : 
    $4,807/mo
    Get pre-qualified
    Apartment Complex
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $40/sqft
    $-- HOA

    What's special

    Prime investment opportunity in West Memphis-16 unit Apts. Discover an exceptional Value-add opportunity located at Park& Ross in West Memphis, Arkansas This property features two 8-unit buildings for a total of 16 units ,ideally positioned for a full renovation project. The exterior renovations have been done ,offering a solid head start for investors -Interiors are ready for transformation-perfect for converting into modern upscale luxury rentals or high end multi family housing, with the growing demand for quality units in the area ,this project is teed up for the right buyer to bring their vision to life -Whether you are a seasoned developer or looking to enter high growth market ,this property provides the rare combination of location, structure, ,and opportunity ..Bring your plans, elevate the finish and unlock for full potential of this investment. LENDER IS WILLING TO HOLD THE MORTGAGE OR DO A JOINT VENTURE FIX AND FLIP THE PROPERTY ...LENDER IS WILLING TO DISCUSS OTHER OPTIONS.
    263 days
    |
    114
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Carter,

    Carter Realty Company 870-733-1600

    Source: Eastern Arkansas Realtors Association,MLS#: 43951

      Facts & features

      Interior

      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: Other Water Heater
      Features
      • Windows: Double Pane Windows
      • Basement: Crawl Space
      Interior area
      • Total structure area: 18,848
      • Total interior livable area: 18,848 sqft
      Video & virtual tour

      Property

      Lot
      • Size: 0.81 Acres
      • Dimensions: .81 acres
      Details
      • Parcel number: 37302000000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment Complex
      Materials
      • Brick
      • Foundation: Block
      • Roof: Architectural
      Condition
      • New construction: No
      • Year built: 1950
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Gas: Available
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      • Subdivision: Lyndon
      Location
      • Region: West Memphis

      Financial & listing details

      • Price per square foot: $40/sqft
      • Annual tax amount: $5,528
      • Date on market: 11/14/2025
      • Listing terms: Cash,Conventional
      • Tenant pays: All Utilities, Electricity, Gas, Sewer, Trash Collection

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,334/mo

        Price history

        DateEventPrice
        6/6/2026Price change$749,900-16.2%$40/sqft
        Source: Eastern Arkansas Realtors Association #43951 Report a problem
        11/14/2025Listed for sale$895,000$47/sqft
        Source: Eastern Arkansas Realtors Association #43951 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 72301

        Getting around

        54 / 100
        Somewhat Walkable
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bragg
        • Middle: West
        • High: West Memphis

        Source: Eastern Arkansas Realtors Association. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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