Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.
For sale
$310,000
622 S Wright St, Siloam Springs, AR 72761
7beds
5baths
3,029sqft
Quadruplex, Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$102/sqft
$-- HOA
What's special
Window air conditioning unitsDetached homeTwo-story residence
- 174 days
- 198
- 12
Zillow last checked:
Listing updated:
Listed by:
Salmonsen Group Realtors 479-330-1250,
Keller Williams Market Pro Realty Bentonville West 479-231-1355
Source: ArkansasOne MLS,MLS#: 1347919
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Other, Space Heater
Cooling
- Window Unit(s)
Appliances
- Included: Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
Features
- None
- Flooring: Carpet, Tile, Vinyl
- Basement: None,Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,029
- Total interior livable area: 3,029 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Unpaved Driveway
- Fencing: Partial
- Waterfront features: None
Lot
- Size: 0.28 Acres
- Features: Central Business District, Corner Lot, City Lot, Level
Details
- Parcel number: 0301801000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Crawlspace, Slab
- Roof: Architectural,Shingle
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Cranes Add-Siloam Springs
Location
- Region: Siloam Springs
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $262,120
- Annual tax amount: $2,978
- Date on market: 5/19/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listed for sale | $310,000-6%$102/sqft |
Source: | ||
| 2/14/2026 | Listing removed | $329,900$109/sqft |
Source: | ||
| 8/4/2025 | Price change | $329,900-2.9%$109/sqft |
Source: | ||
| 5/22/2025 | Price change | $339,900-2.9%$112/sqft |
Source: | ||
| 2/13/2025 | Listed for sale | $349,900+11.1%$116/sqft |
Source: | ||
| 9/22/2023 | Listing removed | $315,000$104/sqft |
Source: | ||
| 5/30/2023 | Listed for sale | $315,000+125%$104/sqft |
Source: | ||
| 4/8/2016 | Listing removed | $140,000$46/sqft |
Source: Coldwell Banker Harris McHaney Faucette - Rogers #743419 Report a problem | ||
| 9/9/2015 | Listed for sale | $140,000-6.7%$46/sqft |
Source: Coldwell Banker Harris McHaney Faucette - Rogers #743419 Report a problem | ||
| 3/11/2015 | Listed for sale | $150,000+3.4%$50/sqft |
Source: Century 21 Lyons & Associates #728508 Report a problem | ||
| 10/16/2010 | Listing removed | $145,000$48/sqft |
Source: CENTURY 21 Lyons & Associates Real Estate #604638 Report a problem | ||
| 10/8/2010 | Listed for sale | $145,000+54.3%$48/sqft |
Source: CENTURY 21 Lyons & Associates Real Estate #604638 Report a problem | ||
| 12/19/2007 | Sold | $94,000-10.5%$31/sqft |
Source: Public Record Report a problem | ||
| 12/15/2005 | Sold | $105,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,978 +1% | $52,424 |
| 2024 | $2,947 +137.1% | $52,424 +142.5% |
| 2023 | $1,243 +8.4% | $21,620 +8.3% |
| 2022 | $1,147 +9.1% | $19,960 +9.1% |
| 2021 | $1,051 +9.6% | $18,300 +10% |
| 2020 | $958 | $16,640 |
| 2019 | $958 | $16,640 |
| 2018 | $958 | $16,640 |
| 2017 | $958 | $16,640 |
| 2016 | $958 | $16,640 -9.1% |
| 2015 | $958 -9.1% | $18,300 |
| 2014 | $1,054 +0.3% | $18,300 |
| 2013 | $1,050 | $18,300 |
| 2012 | -- | $18,300 |
| 2011 | $953 | $18,300 -29.6% |
| 2010 | -- | $25,980 |
| 2009 | -- | $25,980 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 72761
Nearby schools
Schools provided by the listing agent
- District: Siloam Springs
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






