622 S Wright Street, Siloam Springs, AR 72761

Local realty services provided by:Better Homes and Gardens Real Estate Journey
622 S Wright Street,Siloam Springs, AR 72761
$329,900
  • 7 Beds
  • 5 Baths
  • 3,029 sq. ft.
  • Single family
  • Active
Listed by: salmonsen group realtors
Office: keller williams market pro realty bentonville west
MLS#:1298519
Source:AR_NWAR

Price summary

  • Price:$329,900
  • Price per sq. ft.:$108.91

About this home

+/- 9% cap rate on actual financials! This excellent investment opportunity in Siloam Springs features a +/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bath unit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three of the units have contracted leases, while one operates on a month-to-month basis, with rental rates ranging from $600 to $1,100/mo. Each unit's cabinets have recently been replaced. The property does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.

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Home facts

  • Year built:1996
  • Listing ID #:1298519
  • Added:337 day(s) ago
  • Updated:January 15, 2026 at 05:22 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:3,029 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Space Heater

Structure and exterior

  • Roof:Architectural, Shingle
  • Year built:1996
  • Building area:3,029 sq. ft.
  • Lot area:0.28 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$329,900
  • Price per sq. ft.:$108.91
  • Tax amount:$2,942