Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you’re a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas’s most desirable rental markets.
The R-2 district encourages the same basic restrictions as the R-2A districts and permits a slightly higher population density area for family living protected from all commercial and industrial activity.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Housing-Single unit
Housing-Multiple units
Housing-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 111° expected this year, 20 days in 30 years
4/10 Wind Factor
8% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 2012 Martin St
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