**Prime Multi-Family Investment Opportunity in Springdale, AR!**
Looking to add a high-yield asset to your portfolio? This unique multi-unit property packs massive cash-flow potential into one turn-key deal.
Located at **702 Kansas St, Springdale, AR**, this oversized lot features **3 separate homes** offering instant diversification and an exceptional **12.9% gross return** based on current income and listing price.
### **Property Breakdown:**
* **Main House (702 Kansas St):** Spacious 4-bedroom, 1-bathroom home totaling **1,152 sq ft**—ideal for a long-term family lease.
* **Rear Cottage 1:** Cozy 1-bedroom, 1-bathroom layout (**~500 sq ft**).
* **Rear Cottage 2:** Second 1-bedroom, 1-bathroom layout (**~500 sq ft**).
### **The Numbers & Highlights:**
* **Asking Price:** $280,000
* **Price Per Sq Ft:** ~$130.00 (Unbeatable value for 3 total units!)
* **Gross Return:** 12.9% at current rental income
* **Prime Location:** Highly rentable area just **3 blocks from Springdale High School** and **6 blocks from Elmdale Elementary School**.
Whether you want to hold all three as passive income generators, live in one house and let the other two pay your mortgage, or value-add down the line—the math on this property simply works.
**Properties with this kind of return in Springdale don't last long. Contact us today to schedule a walkthrough or request financial details!**
For sale by owner
Price cut: $19K (9/15)
$280,000
702 N Kansas St, Springdale, AR 72764
6beds
2,152sqft
MultiFamily
Built in 1947
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Oversized lot
What the owner loves about this home
See description
- 53 days
- 834
- 56
Listed by:
Property Owner (479) 751-9284
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Other, Electric, Gas
Cooling
- Central, Other
Appliances
- Included: Range / Oven
Features
- Flooring: Other
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,152 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Stone, Vinyl, Wood
- View description: None
Lot
- Size: 1 Acres
Details
- Parcel number: 81520996000
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Piers
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1947
Community & HOA
Location
- Region: Springdale
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $170,450
- Annual tax amount: $1,088
- Date on market: 8/3/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,870/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $280,000-6.4%$130/sqft |
Source: Owner Report a problem | ||
| 8/3/2026 | Listed for sale | $299,000+19.6%$139/sqft |
Source: Owner Report a problem | ||
| 7/25/2025 | Listing removed | $250,000$116/sqft |
Source: | ||
| 6/4/2025 | Price change | $250,000-9.1%$116/sqft |
Source: | ||
| 4/29/2025 | Price change | $275,000-5.2%$128/sqft |
Source: | ||
| 2/4/2025 | Listed for sale | $290,000$135/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,088 +8.4% | $21,013 +8.2% |
| 2024 | $1,004 +8.9% | $19,427 +8.9% |
| 2023 | $922 +10.4% | $17,841 +12.5% |
| 2022 | $836 +8.3% | $15,860 +8.3% |
| 2021 | $772 +9.1% | $14,640 -30% |
| 2020 | $707 +5% | $20,920 +71.5% |
| 2019 | $673 +4.7% | $12,200 |
| 2018 | $643 +1% | $12,200 |
| 2017 | $637 | $12,200 |
| 2016 | $637 | $12,200 |
| 2015 | $637 | $12,200 -32.7% |
| 2014 | $637 -32.7% | $18,130 |
| 2013 | $946 | $18,130 |
| 2012 | $946 | $18,130 |
| 2011 | -- | $18,130 +13.3% |
| 2008 | $813 | $16,008 |
| 2006 | -- | -- |
| 2005 | -- | $12,854 |
| 2003 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment





