300 20th, Texarkana, AR 71854
300 20th, Texarkana, AR 71854
300 20th, Texarkana, AR 71854
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$215,000
Est. payment /mo
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4 Beds
4 Baths
2,384 SqFt
Price Dropped by $3K

300 20th Texarkana, AR 71854

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Pamela Brown

Pamela Brown

+1(903) 506-9990

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,384 sqft

Price per Sqft $90

Subdivision A02 Mid Texarkana Ark

MLS Listing ID 204558

Style Cottage

Bedrooms 4

HOA Y/N No

Year Built 1980

Lot Size 0.280 Acres

Property Sub-Type Duplex

Property Description

BACK ON MARKET AT NO FAULT OF SELLER OR PROPERTY! Income-Producing Duplex with Value-Add Potential (Near 1% Rule) Check out this duplex offering immediate rental income plus upside through a potential third efficiency unit. The property features two fully occupied units (front and back), generating $1,925/month in total rent, positioning this opportunity close to the 1% rule for investors seeking strong cash-flow metrics. The front unit has been updated with durable vinyl plank flooring throughout, while the back unit features low-maintenance stained concrete floors. Both units offer spacious kitchens with plenty of room for a breakfast table. All appliances convey with the property. Each unit includes over 1,000 square feet, 2 bedrooms and 2 full bathrooms, including a primary suite with 2 walk-in closets. Hall baths feature tub/shower combinations, and primary baths include stand-up showers. Living areas include fireplaces that have been capped and are not currently operational. Outdoor spaces add tenant appeal, with a private patio for the front unit and a screened patio with fenced yard for the back unit. A detached garage with storage and covered parking is very attractive to tenants. Value-Add: The detached structure previously functioned as an efficiency apartment and still has some plumbing and electrical in place, presenting the potential to reestablish a third income-producing unit (buyer to verify). Photos reflect the occupied front unit and back unit prior to current tenant occupancy. To close w/ Mandy @ Twin City Title. $1,000 Earnest Money required.

Location

State AR

County Miller

Area Miller

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air

Flooring Concrete, Luxury Vinyl

Fireplaces Number 2

Fireplace Yes

Window Features Double Pane Windows

Appliance Dishwasher, Electric Range, Refrigerator, Water Heater

Laundry Electric Dryer Hookup, Laundry Closet, Washer Hookup

Exterior

Parking Features 1 per Unit, Garage

Utilities Available Cable Available, Internet Available

View Y/N No

Water Access Desc Public

Roof Type Composition

Garage Yes

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories 1

Others

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Listed by Griffin Realtors

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Pamela Brown

Pamela Brown

Agent | License ID: 780851

+1(903) 506-9990

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300 20th