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1221 & 1221-1/2 Georgia St, Malvern, AR, 72104

--beds
--baths
3,260sqft
$347,000
$106price/sqft
$2,562/moest. monthly cost
$102,480/yrincome needed

About This Home

Rare 3-Unit Investment Opportunity! 1221 Georgia Street Income-producing property featuring three rental units sold together — a rare opportunity for investors or owner-occupants seeking multiple income streams in one location! This unique property includes a duplex offering a spacious 1 bedroom, 1 bath downstairs unit and a 2 bedroom, 1 bath upstairs unit, plus a beautifully remodeled 1,760 sq ft single-family home featuring 3 bedrooms and 2 bathrooms with an open, inviting layout perfect for comfortable living. Extensive updates throughout the property include new windows, flooring, appliances, hot water heater, roof, and more, creating a truly turnkey investment ready for immediate occupancy and rental income. The property also includes an adjoining corner lot, providing excellent potential for expansion — build another home, add a shop, or create additional outdoor space to further increase value and income potential. With multiple units, strong rental appeal, and future development possibilities, this is a great investment opportunity with excellent income potential. Properties like this are hard to find — don’t miss your chance to own this exceptional multi-unit property

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
4/10
7/10
Malvern High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Slab/Crawl Combination
  • Roof: Shingle
  • Construction materials: Brick,Metal/Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Country
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Range

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,260
  • Total interior livable area: 3,260 sqft

Property

Details

  • Zoning: R1

Features

  • Levels: Two

Lot

  • Lot size: 8,712 sqft
  • Features: Level
  • Lot size dimensions: 145 x 157

Parking

  • Total spaces: 4
  • Parking features: Four Car or More