# 96 School ST, Charleston, AR 72933 > **TL;DR:** 25bd/0ba residential multi family, $1,999,999 ($182/sqft), built 2021, 11,000 sqft. > A/C. Est. $10,696/mo. Listed 58 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,999,999 | | Price/sqft | $182 | | Bedrooms | 25 | | Square Feet | 11,000 | | Year Built | 2021 | | Lot Size | 60,548 sqft (1.39 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 58 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $10,113 | | Estimated Insurance | $583 | | **Total** | **$10,696** | ## Nearby Schools - **Elementary:** Charleston - **Middle:** Charleston - **High:** Charleston ## Key Amenities - A/C ## Property Highlights - Built in 2021 - 1.39 acre lot - 2 stories ## Description ### Agent Description Rarely does a multi-family package of this caliber and consistency become available in the River Valley. This high-performing portfolio in Charleston, AR, features 11 meticulously maintained units across four duplexes and one triplex. Every unit in the portfolio commands a strong market rent of $1,295/month, providing a stable Gross Annual Income of $170,940 The Assets: 4 Duplexes (8 - 1,000 sq/ft Units): Modern construction built in 2021, spacious layouts, and high tenant retention. 1 Triplex (3- 1,000/sq/fr Units): Centrally located and upon completion (2026) are expected to fill immediately at $1,395 per unit. Expansion Potential: The sale includes 2 build-ready lots that the developer will start building (2) 1,000/sqft cottages on in 2027 plus a third lot capable of housing an additional 4 units (2 duplexes). This allows the savvy investor to scale the portfolio immediately using existing infrastructure. This is a turnkey operation from day one. The owner currently provides water and high-speed internet, a strategy that has secured a 100% occupancy rate and a waitlist of prospective tenants. Charleston's growing demand for quality housing and its top-tier school district make this a "legacy" asset for any portfolio. Whether you are looking for stable cash flow or a strategic "buy and build" project, this package offers the best of both worlds. Financials and rent rolls are available upon request to qualified buyers. Owner finance available. Builder will complete the planned turn key additional units at a cost of $140/ft. ## Location - **Address:** 96 School ST, Charleston, AR 72933 - **County:** Franklin - **Neighborhood:** Maplewood - **Coordinates:** 35.298285, -94.04298 - **Google Maps:** https://www.google.com/maps?q=35.298285,-94.04298 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/96-School-Street-Charleston-AR-72933/unbranded ## Listing Agent - **Name:** Ibison Realtors & Co. - **Brokerage:** Keller Williams Platinum Realty - **Broker Phone:** (479) 434-3000 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/96-N-School-St_Charleston_AR_72933_M95490-16096?f=listhub&s=FSBORAR&m=1091576&c=propsimple) ## Photos ![96 School ST - Photo 1](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2508948083r.jpg) ![96 School ST - Photo 2](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2735436390r.jpg) ![96 School ST - Photo 3](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f1122540186r.jpg) ![96 School ST - 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Photo 58](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2706343090r.jpg) ![96 School ST - Photo 59](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2495999233r.jpg) ![96 School ST - Photo 60](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f1479552450r.jpg) ![96 School ST - Photo 61](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f1409469428r.jpg) ![96 School ST - Photo 62](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f341261702r.jpg) ![96 School ST - Photo 63](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2564936709r.jpg) ![96 School ST - Photo 64](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f1739024373r.jpg) ![96 School ST - Photo 65](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2604230602r.jpg) ![96 School ST - Photo 66](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f4061107352r.jpg) ![96 School ST - Photo 67](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f3430548936r.jpg) ![96 School ST - Photo 68](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f1009196086r.jpg) ![96 School ST - Photo 69](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2455210569r.jpg) ![96 School ST - Photo 70](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f1567608406r.jpg) ![96 School ST - Photo 71](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2859672101r.jpg) ![96 School ST - Photo 72](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f1658466196r.jpg) ![96 School ST - Photo 73](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f3825273432r.jpg) ![96 School ST - Photo 74](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f2026482156r.jpg) ![96 School ST - Photo 75](http://lh.rdcpix.com/f219531b5b3b8c20ac436b72e3de5511l-f3019687471r.jpg) --- **MLS#:** 1091576 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/96-school-st-charleston-ar-72933-e72fa7a99c5d4ae0bcb184f27060eef6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/96-school-st-charleston-ar-72933-e72fa7a99c5d4ae0bcb184f27060eef6#listing", "url": "https://staging.propertysimple.ai/listing/96-school-st-charleston-ar-72933-e72fa7a99c5d4ae0bcb184f27060eef6", "name": "96 School ST, Charleston, AR 72933", "description": "Rarely does a multi-family package of this caliber and consistency become available in the River Valley. This high-performing portfolio in Charleston, AR, features 11 meticulously maintained units across four duplexes and one triplex. Every unit in the portfolio commands a strong market rent of $1,295/month, providing a stable Gross Annual Income of $170,940 The Assets: 4 Duplexes (8 - 1,000 sq/ft Units): Modern construction built in 2021, spacious layouts, and high tenant retention. 1 Triplex (3- 1,000/sq/fr Units): Centrally located and upon completion (2026) are expected to fill immediately at $1,395 per unit. Expansion Potential: The sale includes 2 build-ready lots that the developer will start building (2) 1,000/sqft cottages on in 2027 plus a third lot capable of housing an additional 4 units (2 duplexes). This allows the savvy investor to scale the portfolio immediately using existing infrastructure. This is a turnkey operation from day one. The owner currently provides water and high-speed internet, a strategy that has secured a 100% occupancy rate and a waitlist of prospective tenants. Charleston's growing demand for quality housing and its top-tier school district make this a \"legacy\" asset for any portfolio. Whether you are looking for stable cash flow or a strategic \"buy and build\" project, this package offers the best of both worlds. Financials and rent rolls are available upon request to qualified buyers. Owner finance available. 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