

622 Wright St Quadplex
Multifamily | 4 Units
Marketing description
Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.
Investment highlights
Excellent multifamily investment opportunity in Siloam Springs
Three of the four units are currently occupied
Current rental rates range from $650 to $1,200/month
Updated cabinetry in each unit
Flexible layout suitable for a variety of tenant needs
Convenient access to shopping, schools, and major transportation routes
Strong Northwest Arkansas investment opportunity with income potential
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