Veronica Doss

515 2nd Avenue

Gravette, AR
$ 2,200,000 Beds 0 Baths 0 Sq 14,520 Virtual Tour
Monthly Estimate* How much can I afford?

Purpose-built for the portfolio investor, this brand-new 10-unit multifamily development will deliver turnkey income potential. Each unit offers 1,452 square feet of generously designed living space — a footprint that commands stronger rents and attracts long-term tenants. Situated near Centennial Park and moments from Gravette High School, this development sits in a family-friendly community with genuine residential demand and easy access to the broader Northwest Arkansas growth corridor. With 14,520 square feet of total rentable area under a single R-3 zoned asset, you gain the efficiency of scale without the complexity of a large apartment community. New construction means no deferred maintenance and no capital surprises from day one. Newly constructed multifamily assets in emerging NWA submarkets are increasingly rare — don't miss this one.

Active

  • Price
  • $ 2,200,000
  • City
  • Gravette
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Benton
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.69 Acres
  • Zip
  • 72736
  • Sqr Footage
  • 14,520
  • Year Built
  • 2027
  • Taxes
  • $ 168
  • Style
  • MLS#
  • 1351353
Listed By: Collier & Associates- Rogers Branch
Data Source: Northwest Arkansas BOR (NABOR)

Features

General

Sewer Public Sewer
Heating Central,Heat Pump
Cooling Central Air,Electric,Heat Pump
Utilities Electricity Available,Sewer Available,Water Available
Roof Architectural,Shingle
Appliances Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave Hood Fan,Microwave
Architectural Style Contemporary
Security Features Smoke Detector(s)
Construction Materials Brick,Masonite,Vinyl Siding
Year Built 2027
Stories Count 2
Levels Two
Property Subtype Other
Community Features Biking,Trails/Paths
County Benton
New Construction true
Property Type Residential
HOA true
Attached Garage true
Subdivision Name Wells Add Gravette
Garage Y/N true
Status Active
Directions To get to 515 2nd Ave SW from Exit 100 in Gravette, take US-71 BUS S and turn right on W Main St, then take the first left onto 2nd Ave SW. This is a short drive of approximately 1.5 miles, with a total time of around 3 minutes. Head south on the exit ramp: After taking Exit 100, follow signs to merge onto US-71 BUS S. Turn right on W Main St: Continue on US-71 BUS S for a short distance and turn right onto W Main St. Turn left on 2nd Ave SW: Take the first left onto 2nd Ave SW. The destination will be on your left.
City Gravette
Disclosures Sellers Disclosure Not Available
Association Name TBD
High School District Gravette
Zoning Description Multi Family
Number Of Units Total 10
Lot Size Units Acres
Year Built Details New Construction
Tax Annual Amount 168
Property Condition To Be Built
Virtual Tour https://tour.nwarealtors.org/515-2nd-Avenue-Gravette-AR-72736--1351353/unbranded
Standard Status Active
Middle/Junior School District Gravette
Elementary School District Gravette
Tax Lot 5
Property Sub Type Additional Multi Family,Other
PostalCity Gravette
Legal Description 11-00769-000

Interior Features

Flooring Luxury Vinyl Plank
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
LivingAreaSource Builder

Exterior Features

Exterior Amenities Concrete Driveway
Fencing None
Parking Features Attached,Garage,Garage Door Opener
Lot Features City Lot,Level
Water Source Public
Lot Size Area 0.69
Foundation Details Slab
Building Area Total 14520
Lot Size Acres 0.69
Covered Spaces 1
Road Frontage Type Public Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Bentonville, AR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/9/2026 Listed $2,200,000

Property vs Zip Code Average in 72736

Price
AVG $590K
$2.2M
Taxes
AVG $2,325
$168
Year Built
AVG 2008
2027

In The Neighborhood

Areas That We Cover

515 2nd Avenue Gravette, AR is a Single Family Home for sale at $2200000 with 14520 sqft and a lot size of 0.69 Acres Acre(s). 515 2nd Avenue Gravette has 0 bedrooms, 0 baths and was built in 2027. The property's zip code is 72736 which is in Gravette, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Veronica Doss

Veronica Doss

479-225-2063

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