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1615 Reine St S, Mena, AR, 71953

7beds
5baths
6,032sqft
$419,900
$70price/sqft
$3,145/moest. monthly cost
$125,800/yrincome needed

About This Home

UNMATCHED VERSATILITY & PRIME LOCATION! Rarely does an opportunity arise to own a multi-residential and commercial property on 2.17 acres within the city limits of Mena. Perfectly situated at the high-visibility corner of Reine St and Hwy 375—just seconds from US Highway 71—this property is a goldmine for investors, multi-generational families, or business owners seeking a "live-work" setup. The Residences: Two Single-Family Homes: The property features two distinct detached homes, perfect for rental income, guest housing, or family members. The Commercial Shop & Quarters: A massive shop building serves as the anchor of the property. It includes: Upstairs Living Quarters: A fully integrated apartment ideal for an owner-operator or an additional rental. The "Bonus" Space: A versatile downstairs area configured as a professional office suite or a fourth living quarters/studio, complete with its own access. The Land & Location: The 2.17-acre lot offers expansive space for equipment storage, further development, or gardening. With its strategic corner-lot positioning near the gateway to the Ouachita National Forest and Wolf Pen Gap, the commercial potential here is significant. Key Features at a Glance: Income Potential: 4 separate units possible. High Visibility: Prime corner lot with easy highway access. Versatility: Commercial shop space for hobbies or business. Infrastructure: Plenty of room for parking or expansion! Don’t miss this one-of-a-kind real estate powerhouse. Properties with this many configurations are a rare find in Polk County!

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
Mena Middle SchoolGrades 6-81.1 mi
5/10
Mena High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Masonite,Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Barndominium
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Electric Appliances,Some Gas Appliances,Counter Top,Electric Water Heater,Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 2
  • 1/2 bathrooms: 3

Features

  • Ceiling Fan(s),Eat-in Kitchen,Split Bedrooms
  • Flooring: Ceramic Tile,Vinyl,Wood

Heating & Cooling

  • Heating features: Central,Electric,Propane
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total interior livable area: 6,032 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 6000026590000
  • Special condition: None

Features

  • Levels: Multi/Split
  • Patio & porch: Porch
  • Exterior features: Gravel Driveway
  • Fencing: None

Lot

  • Lot size: 2.17 Acres
  • Features: Corner Lot,City Lot
  • Lot size dimensions: 2.17 ac

Parking

  • Total spaces: 8
  • Parking features: Attached
  • Covered spaces: 8

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 StormRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Hail
Heat Wave
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
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 $2,123$25,476
Home Insurance $464$5,568
Property Taxes $122$1,464
Electricity $436$5,241
Total$3,145$37,740

Income You'd Need if You Spent...

35% on housing$107,828/yr
40% on housing$94,350/yr
45% on housing$83,866/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: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$70This listing

vs Other Active Listings

Avg $/sqft

ZIP 71953$124
Polk County$114

vs Homes Sold Last Month

Median $/sqft

ZIP 71953
Polk County$136

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
2026-02-28Price change$419,900
2026-01-09Listed for sale$429,900
2010-12-09Listing removed$310,000
2010-10-06Listed for sale$310,000
2010-07-24Listing removed$310,000
2010-02-20Listed for sale$310,000

For Sale by Agent

AgentCody Capell
BrokerageKeller Williams Realty Preferred

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