About 707 E Maryland
Multifamily investment opportunity consisting of 18 townhome units plus an additional single-family residence. The townhome community features eighteen 2 bedroom, 1.5 bath units, each equipped with in-unit washers and dryers. The property also includes a separate 3 bedroom, 2 bath single-family home, providing additional rental income or on-site management housing. The property has been well maintained, including a new roof installed in 2026. The property is operating at a 7.18% cap rate based on current financials. With a desirable unit mix, strong rental demand, and multiple income streams, this is a solid investment opportunity for multifamily investors seeking stable cash flow and long-term value.
Features of 707 E Maryland
| MLS® # | 26026228 |
|---|---|
| Price | $2,200,000 |
| Square Footage | 13,718 |
| Acres | 1.10 |
| Year Built | 1985 |
| Type | Multi-Family |
| Sub-Type | Apartments |
| Style | Townhouse |
| Status | Active |
Community Information
| Address | 707 E Maryland |
|---|---|
| Area | Sherwood |
| Subdivision | Spring Grove |
| City | Sherwood |
| County | Pulaski |
| State | AR |
| Zip Code | 72120 |
Amenities
| Amenities | Swimming Pool(s), Tennis Court(s), Playground, Picnic Area, Golf Course, Fitness/Bike Trail |
|---|---|
| Utilities | Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural |
| Parking | Carport, Parking Pads, Four Car or More |
| View | Level, Corner Lot |
| Is Waterfront | No |
| Has Pool | No |
| Pool | Guttering |
Interior
| Interior Features | Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, All Units |
|---|---|
| Appliances | Built-In Stove, Electric Range, Dishwasher |
| Heating | Central Heat-Gas |
| Cooling | Central Cool-Electric |
| Fireplace | No |
| Fireplaces | Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, All Units |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Guttering |
| Lot Description | Level, Corner Lot |
| Roof | Composition |
| Foundation | Crawl Space, Slab |
Additional Information
| Date Listed | June 29th, 2026 |
|---|---|
| Days on Market | 80 |
| Zoning | Residentia |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Sonya Rhea |
|---|---|
| Office | IRealty Arkansas - Sherwood |