3 apartment buildings. 24 total units, (16-1 bedroom/1 bath units and 8-2 bedroom/1 bath units). Tenants pay all utilities except trash. Property is sold AS-IS and no SPD. Do not disturb tenants. Property in need of renovation. Currently operating with approx 12% return as is.
Multi-familyProperty Type
1.16 acresLot Size
$125Est. Price/Sq.Ft.
Listed by Somer Adams• Lindsey & Assoc Inc Branch
Bought with Mockingbird Team• Fathom Realty
Source:NWARMLS #1145244
Redfin Estimate
$1,353,838
$1.7M since sold in July 2025
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 346.1% higher than the average sale price ($303K) of 6 comparable homes.
3 apartment buildings. 24 total units, (16-1 bedroom/1 bath units and 8-2 bedroom/1 bath units). Tenants pay all utilities except trash. Property is sold AS-IS and no SPD. Do not disturb tenants. Property in need of renovation. Currently operating with approx 12% return as is.
Public Records
Jul 7, 2005
Sold
$854,000
$79/sq ft
Public Records
Nov 24, 1986
Sold
$500,000
$46/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$14,738 (+0.2%)
$51,280 + $233,240
$284,520
2024
$14,710 (+20.5%)
$51,280 + $233,240
$284,520
2023
$12,208 (+7.9%)
$52,160 + $233,240
$285,400
2022
$11,313
$52,160 + $233,240
$285,400
2021
$11,313 (+15.7%)
$32,160 + $182,500
$214,660
2020
$9,779 (+22.9%)
$32,160 + $182,500
$214,660
2019
$7,959
$32,160 + $182,500
$214,660
2018
$7,959 (+1.0%)
$30,160 + $120,870
$151,030
2017
$7,884
$30,160 + $120,870
$151,030
2016
$7,884
$30,160 + $120,870
$151,030
Tax history for 1201 Backus Ave
Year
Property tax
Land + Additions
Assessment*
2025
$14,738 (+0.2%)
$51,280 + $233,240
$284,520
2024
$14,710 (+20.5%)
$51,280 + $233,240
$284,520
2023
$12,208 (+7.9%)
$52,160 + $233,240
$285,400
2022
$11,313
$52,160 + $233,240
$285,400
2021
$11,313 (+15.7%)
$32,160 + $182,500
$214,660
2020
$9,779 (+22.9%)
$32,160 + $182,500
$214,660
2019
$7,959
$32,160 + $182,500
$214,660
2018
$7,959 (+1.0%)
$30,160 + $120,870
$151,030
2017
$7,884
$30,160 + $120,870
$151,030
2016
$7,884
$30,160 + $120,870
$151,030
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
MF-12
Medium Density Multi-Family Residential District
The MF-12 multi-family district is established to provide areas for development allowing more units per structure and a higher density. Provides more compact residential development, and promotes more efficient use of land and utilities, and the development of less expensive housing on smaller lots.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Office-Other
Property details
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Exterior Wall: Brick Veneer
Roof Framing Type: Wood
Roof Shape Type: Wood
Building Type: Apartment
Property Information
Subdivision Name: COUNTY COURT
Building Sq. Ft: 10,848
Legal Description: LOT 10 W1/2 NE (196 X 303) 1.27 AC FURTHER DESCRIBED FROM 2020-20299 AS: PART OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER OF SECTION 35, TOWNSHIP 18 NORTH, RANGE 30 WEST OF THE FIFTH PRINCIPAL MERIDIAN, WASHINGTON COUNTY, ARKANSAS, BEING MORE P ARTICULARLY DESCRIBED AS FOLLOWS; COMMENCING AT A FOUND RAILROAD SPIKE, SAID SPIKE ACCEPTED AND USED AS THE NORTHEAST CORNER OF THE NW OF SAID NE; THENCE SOUTH 00?15'37" WEST A DISTANCE OF 55.67 FEET TO THE POINT OF BEGINNING (P.O.B.) AND A SET COTT O N PICKER SPINDLE; THENCE SOUTH 00?15'37" WEST A DISTANCE OF 140.33 FEET TO A SET COTTON PICKER SPINDLE; THENCE NORTH 88?58'33" WEST A DISTANCE OF 303.00 FEET TO A FOUND 5/8 INCH DIAMETER IRON PIN; THENCE NORTH 00?15'37" EAST A DISTANCE OF 170.38
Lot Information
# of Buildings: 1
Land Sq. Ft: 50,530
Legal Lot Number: 10
Acres: 1.16
State Use Description: COMMERCIAL IMPROVED
Financial
Assessor Information
Assessment Year: 2026
Tax District County: SPRINGDALE
Tax Area: SPRINGDALE
Public facts
Beds: —
Baths: —
Sq. Ft.: 10,848
Stories: —
Lot Size: 1.16 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Washington County
APN: 815-27996-000
Home facts updated by county records on Aug 20, 2026
Around this home
Schools
Hunt Elementary School
Public PreK-5 • Assigned • 1.7mi
9/10
Central Junior High School
Public 8-9 • Assigned • 1.2mi
7/10
Har-Ber High School
Public 9-12 • Assigned • 4.0mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
5/10 Heat Factor
7 days above 104° expected this year, 20 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Springdale, AR • 72764
Average low and high temperatures (°F)
45
25
56
33
70
46
73
54
76
58
85
69
90
73
88
69
82
62
77
55
64
44
54
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 4.9 hours in December, which is comparable to the
U.S. average for solar exposure.