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About This Home

This 6-bedroom, 4-bathroom residential multi family at 302 / 304 Wallace Street in Prairie Grove, AR is listed for $472,500 ($198 per sqft). Built in 2004, the home offers 2,392 sqft of living space on a 0.43 acres lot.

Agent Description

Investment Opportunity - 4 Units Total (Two Duplexes) Near Schools Excellent income-producing property featuring two duplex buildings (4 total units). This package deal offers strong rental potential in a desirable area with consistent tenant demand. Each duplex includes well-maintained units with functional layouts, and a dedicated storage shed for each unit.

The property is ideal for investors seeking steady cash flow or those looking to expand their rental portfolio. Key Features: 4 total units (2 duplex buildings) Sold as a package deal only - units will not be sold separately Each unit comes with own storage shed Close proximity to schools and community amenities Strong rental income potential Don't miss this opportunity to own a multi-unit property in a high-demand location!

Key Features

  • Built in 2004
  • 0.43 acre lot

Property Details

1 story
4 full
2004

Amenities

A/C

Monthly Cost Estimate

$2,527/mo

20% down · 6.5% · 30 years

Principal$342
Interest$2,048
Insurance$138

Estimates only. Actual payments may vary.

Location

302 / 304 Wallace Street

Prairie Grove, AR 72753

Carnahans

Features & Amenities

Exterior Features

ConcreteDriveway

Property Details

Flooring

Tile

Construction

VinylSiding

Parking

Driveway

Heating

CentralDuctless (Heating)

Cooling

Window Unit(s)DuctlessCentral Air

Appliances

DryerDishwasherElectricRangeElectricWaterHeaterWasher

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 302 / 304 Wallace Street is listed at $472,500 ($198/sqft). The estimated monthly payment is $2,048 based on 20% down at 6.5% interest.

Key features include: Built in 2004, 0.43 acre lot. Exterior Features: ConcreteDriveway.

This property is listed by Corey Lewis and can be reached at 4796339778 or clewis@mathiasproperties.com.

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CL

Corey Lewis

Agent at Mathias Real Estate

(479) 633-9778

Listed by Mathias Real Estate

MLS# 1340148· Source: listhub· Updated 14 days ago

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

302 / 304 Wallace Street, Prairie Grove, AR 72753

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