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495 Highway 365, Mayflower, AR, 72106

10beds
9baths
5,340sqft
$465,000
$87price/sqft
$3,312/moest. monthly cost
$132,480/yrincome needed

About This Home

Exceptional Mixed-Use investment opportunity in Mayflower! This well positioned property features 9 units with 5(five) commercial units on the ground level and 4(four) residential units above, offering the perfect blend of steady income streams and long term growth potential. Situated in a growing area with easy access to major road ways. Recent updates to the 5 commercial units include new floors & drywall. Call today arrange a private showing.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
6/10
Mayflower Middle SchoolGrades 5-82.2 mi
4/10
Mayflower High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Frame,Block

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other (see remarks)
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Free-Standing Range,Gas Range,Refrigerator,Exhaust Fan,Washer,Dryer,Gas Water Heater,Electric Water Heater
  • Laundry features: Washer Hookup,Gas Dryer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 9

Features

  • Primary Bedroom with Bath,Sheet Rock,Vaulted Ceiling(s)
  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Natural Gas,Floor/Wall Furnace
  • Cooling features: Gas,Electric,Window Unit(s)

Interior Area

  • Total structure area: 6,896
  • Total interior livable area: 5,340 sqft

Property

Details

  • Parcel number: 76001089000
  • Zoning: C1

Features

  • Levels: Two
  • Exterior features: Dumpster
  • On waterfront: Yes
  • Waterfront features: Creek

Lot

  • Lot size: 1 Acres
  • Features: Level,Not in Subdivision,Flood Insurance Required

Parking

  • Parking features: Parking Pad

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Cold Wave
Drought
Earthquake

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,351$28,212
Home Insurance $370$4,440
Property Taxes $205$2,460
Electricity $386$4,640
Total$3,312$39,744

Income You'd Need if You Spent...

35% on housing$113,554/yr
40% on housing$99,360/yr
45% on housing$88,320/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$87This listing

vs Other Active Listings

Avg $/sqft

ZIP 72106$111
Faulkner County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 72106$145
Faulkner County$154

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Listing removed$895
2026-03-24Listed for sale$495,000
2026-01-30Listed for rent$895
2026-01-09Listing removed$895
2025-12-19Price change$895
2025-11-10Price change$770
2025-11-03Price change$730
2025-10-23Price change$825
2025-07-11Price change$895
2025-05-24Price change$795
2025-05-05Listed for rent$895
2024-07-09Listing removed--
2024-05-16Price change$895
2024-04-25Price change$875
2022-09-26Price change$785
2022-08-04Listed for rent$550
2013-09-03Listing removed$229,000
2012-12-22Listed for sale$229,000
2012-06-29Listing removed$250,000
2012-05-08Listed for sale$250,000

For Sale by Agent

AgentChristopher Cribbs
BrokerageIRealty Arkansas - Cabot

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