622 S Wright St

For Sale

622 S Wright St, Siloam Springs, AR 72761

This Siloam Springs property for sale is located at 622 S Wright St. The general use of 622 S Wright St is multi-family and it incorporates 3,029 square feet of class C multi-family space. The current listed sale price for 622 S Wright St is $310,000. 622 S Wright St is situated on a lot that is 0.28 acre in size.

Contacts

Salmonsen Group

Salmonsen Group Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 3,029 SF
  • Units 4
  • Lot Size 0.28 Acre
  • Building Class C
  • Year Built 1996
  • Date Updated Aug 5, 2026
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.
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Highlights

  • 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

Attachments

Getting around

  • 75/100

    Walk Score ®

  • 57/100

    Bike Score ®

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Location

  • City Siloam Springs, AR
  • Neighborhood Siloam Springs
  • Zip Code 72761

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

  • Crown Hotel

    0.47 miles

  • Stone Inns

    0.70 miles

  • Quality Inn

    0.77 miles

  • America's Best Value Inn and Suites

    1.01 miles

  • Holiday Inn Express

    1.17 miles

  • Super 7 Inn

    1.25 miles

  • Budget Inn & Suites

    1.45 miles

  • Hampton Inn

    1.46 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

Contact Listing Broker
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