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  1. Commercial Properties
  2. AR
  3. Siloam Springs

622 S Wright St

For Sale

622 S Wright St, Siloam Springs, AR 72761

Heading West on U-412 W, turn right onto S Mt. Olive St. In 0.5 miles turn left onto W Harvard St. Then turn right onto S Wright St. The property will be on the left.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.

Key features

  • Current rental rates range from $650 to $1,200/month
  • Excellent multifamily investment opportunity in Siloam Springs
  • Flexible layout suitable for a variety of tenant needs
  • Strong Northwest Arkansas investment opportunity with income potential
  • Three units currently occupied

Building Details

  • For Sale $310,000
  • Property Type Multi-Family
  • Property Size 3,029 SF
  • Units 4
  • Lot Size 0.28 Acre
  • Additional Rent Price on request
  • Building Class C
  • Year Built 1996
  • Date Updated Oct 22, 2026
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Contacts

broker
Salmonsen Group

Salmonsen Group Real Estate

Location

  • City Siloam Springs, AR
  • Neighborhood Siloam Springs
  • Zip Code 72761
  • Map
  • Street
  • Walk score 75/100 Very Walkable
  • Bike score 57/100 Bikeable
Powered by Walk Score ®

Points of Interest

Citgo

0.46 miles

Phillips 66

0.48 miles

Walmart

0.86 miles

Casey's General Store

1.55 miles

Northeast Cherokee Casino Parking

1.41 miles

South Cherokee Casino Parking

1.43 miles

North Cherokee Casino Parking

1.44 miles

West Cherokee Casino Parking

1.51 miles

Far North Cherokee Casino Parking

1.52 miles

Southwest Cherokee Casino Parking

1.52 miles

Northwest Cherokee Casino Parking

1.53 miles

Zips Express Car Wash

0.50 miles

Club Car Wash

1.40 miles

Barnetts

0.09 miles

Soup and Salad

0.12 miles

Thai Cafe

0.13 miles

Chickadee's Fresh Fare

0.16 miles

Kung Fu Egg Roll

0.35 miles

Shaved Ice

0.35 miles

Fratelli's Wood Fired Pizzeria

0.36 miles

Hawg City Grill

0.40 miles

Long John Silver's

0.43 miles

Birra-Vino's Pizzeria

0.43 miles

Harps

0.40 miles

Time Square

0.41 miles

Plaza One

0.65 miles

Spring Creek Plaza

0.74 miles

Walmart Neighborhood Market

0.88 miles

ALDI

1.65 miles

Walmart Supercenter

1.68 miles

Shoppes at Siloam

1.73 miles

Grand Plaza

2.10 miles

Harps Grocery Store

6.89 miles

Jepson's Drug Store & Gift

0.10 miles

Siloam Springs Community Clinic

0.13 miles

Siloam Springs Fire Station 2

0.40 miles

Walgreens

0.49 miles

Siloam Springs Police Department

0.51 miles

Siloam Springs Fire Department Headquarters/ Station 1

1.41 miles

Siloam Springs Medical Plaza

2.04 miles

Siloam Springs Regional Hospital

2.08 miles

Gentry Fire Department

6.53 miles

Gallatin Fire Station

6.72 miles

Listing Summary

  • Property Financials

    622 S Wright St is currently listed for sale at $310,000 for a price per square foot of $102.34.

  • Property Details

    622 S Wright St totals 3,029 square feet of Multi-Family space on a lot spanning 0.28 acres. The property was initially built in 1996.

    Based on its location, amenities, and finishes, the property is listed as class C.

  • Area Characteristics

    622 S Wright St is located in the Siloam Springs neighborhood.

    In terms of ease of commuting, the area has a walk score of 75, indicating that it is very walkable.

Contact Salmonsen Group
broker
Salmonsen Group

Salmonsen Group Real Estate

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