515 2nd Ave, Gravette, AR 72736
515 2nd Ave, Gravette, AR 72736
515 2nd Ave, Gravette, AR 72736
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Wally Teichmann

Wally Teichmann

Collier and Associates

+1(479) 216-7158
$2,200,000
Est. payment /mo
14,520 SqFt
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Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 14,520 sqft

Price per Sqft $151

Subdivision Wells Add Gravette

MLS Listing ID 1351353

Style Contemporary

Construction Status New Construction

HOA Y/N No

Annual Tax Amount $168

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Other

Property Description

Purpose-built for the portfolio investor, this brand-new 10-unit multifamily development will deliver turnkey income potential. Each unit offers 1,452 square feet of generously designed living space — a footprint that commands stronger rents and attracts long-term tenants. Situated near Centennial Park and moments from Gravette High School, this development sits in a family-friendly community with genuine residential demand and easy access to the broader Northwest Arkansas growth corridor. With 14,520 square feet of total rentable area under a single R-3 zoned asset, you gain the efficiency of scale without the complexity of a large apartment community. New construction means no deferred maintenance and no capital surprises from day one. Newly constructed multifamily assets in emerging NWA submarkets are increasingly rare — don't miss this one.

Location

State AR

County Benton

Community Wells Add Gravette

Direction To get to 515 2nd Ave SW from Exit 100 in Gravette, take US-71 BUS S and turn right on W Main St, then take the first left onto 2nd Ave SW. This is a short drive of approximately 1.5 miles, with a total time of around 3 minutes. Head south on the exit ramp: After taking Exit 100, follow signs to merge onto US-71 BUS S. Turn right on W Main St: Continue on US-71 BUS S for a short distance and turn right onto W Main St. Turn left on 2nd Ave SW: Take the first left onto 2nd Ave SW. The destination will be on your left.

Interior

Heating Central, Heat Pump

Cooling Central Air, Electric, Heat Pump

Flooring Luxury Vinyl Plank

Appliance Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave

Exterior

Exterior Feature Concrete Driveway

Parking Features Attached

Fence None

Community Features Biking, Trails/Paths

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Architectural,Shingle

Road Frontage Public Road

Garage Yes

Building

Lot Description City Lot, Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

Structure Type Brick,Masonite,Vinyl Siding

New Construction Yes

Construction Status New Construction

Schools

School District Gravette

Others

HOA Name TBD

Security Features Smoke Detector(s)

Virtual Tour https://tour.nwarealtors.org/515-2nd-Avenue-Gravette-AR-72736--1351353/unbranded

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Listed by Collier & Associates- Rogers Branch

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Wally Teichmann

Wally Teichmann

Executive Broker | License ID: EB00082085

+1(479) 216-7158

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515 2nd Ave