Turnkey Multi-Family Investment Opportunity! Don’t miss this rare chance to own a newer four-flex offering a total of 4 income-producing units in a desirable location! These attractive, modern properties provide immediate cash flow from day one. Built with low-maintenance ownership in mind, each property is in excellent condition and features spacious floor plans, attractive finishes, and ample parking for tenants. Strong rental demand and quality construction make this an exceptional opportunity for both seasoned investors and those looking to expand their portfolio. Whether you’re completing a 1031 exchange or seeking a stable, income-producing asset, these properties offer the ideal combination of turnkey ownership, strong occupancy, consistent rental income, modern construction, and long-term investment potential.
For sale
$549,000
311 Webster St, Alma, AR 72921
8beds
8baths
3,992sqft
Quadruplex, Multi Family
Built in 2015
-- sqft lot
$533,800 Zestimate®
$138/sqft
$-- HOA
What's special
Spacious floor plansAmple parking for tenantsAttractive finishes
- 14 days
- 116
- 5
Zillow last checked:
Listing updated:
Listed by:
Laura McLean 479-276-6698,
Keller Williams Platinum Realty 479-434-3000
Source: Western River Valley BOR,MLS#: 1091687Originating MLS: Fort Smith Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Central, Electric
Cooling
- Electric, Window Unit(s)
Appliances
- Included: Some Electric Appliances, Dryer, Range, Refrigerator, Water Heater, Washer
- Laundry: Electric Dryer Hookup
Features
- Flooring: Carpet, Vinyl
- Windows: Metal
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 3,992 sqft
Video & virtual tour
Property
Parking
- Parking features: Two Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Other, See Remarks
- Exterior features: Concrete Driveway
- Fencing: Partial
Lot
- Size: 0.25 Acres
- Dimensions: .25
- Features: Central Business District, Level
Details
- Parcel number: 000000000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Architectural,Fiberglass,Shingle
Condition
- Year built: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Near Fire Station, Near Schools
- Security: Smoke Detector(s)
- Subdivision: Alma (Original Town)
Location
- Region: Alma
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $523,300
- Annual tax amount: $2,784
- Date on market: 9/9/2026
Estimated market value
$533,800
$507,000 - $560,000
$1,396/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $549,000+3331.3%$138/sqft |
Source: Western River Valley BOR #1091687 Report a problem | ||
| 10/30/2012 | Sold | $16,000-93.2%$4/sqft |
Source: Western River Valley BOR #665305 Report a problem | ||
| 8/25/2006 | Sold | $234,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $104,660 |
| 2024 | -- | $104,660 |
| 2023 | -- | $104,660 -1.8% |
| 2022 | -- | $106,610 |
| 2021 | -- | $106,610 +0.9% |
| 2020 | -- | $105,700 |
| 2019 | $5,729 +9.1% | $105,700 |
| 2018 | $5,251 +10% | $105,700 +20% |
| 2017 | $4,774 | $88,080 +3554.8% |
| 2016 | $4,774 +3554.8% | $2,410 |
| 2015 | $131 -94.9% | $2,410 -95% |
| 2008 | $2,549 | $48,000 +777.5% |
| 2004 | -- | $5,470 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 72921
Nearby schools
Schools provided by the listing agent
- Elementary: Alma
- Middle: Alma
- High: Alma
- District: Alma
Source: Western River Valley BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






