515 S Washington Street, Siloam Springs, AR 72761 (MLS # 1366842)
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Historic farmhouse compound on a half-acre lot with mature oaks, steps from Chautauqua Park, the library, and historic downtown Siloam Springs. Three separate rentals on one parcel: a 3 bed/2 bath main house, a 1 bed/1 bath suite, and a detached 2 bed barndominium, 2,637 sq ft in total. Fully renovated with all new plumbing and modern systems throughout; original hardwood floors and ceilings refinished with the character left intact. Detached 2-car garage. Fully leased and cash flowing from day one with professional property management in place: $46,200 gross annual rent, $31,492 NOI, 7.88% cap rate at list price. Tenants are on 30-day notice, so a buyer can hold or reposition. A strong fit for a 1031 exchange.
| LAST UPDATED | 11/2/2026 | TRACT | Carters Add Siloam Spgs |
|---|---|---|---|
| YEAR BUILT | 1920 | COUNTY | Benton |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Gas Water Heater, Oven, Refrigerator, Washer |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Aluminum Siding, Wood Siding |
| GARAGE | Yes |
| HEAT | Central, Natural Gas |
| LOT | 0.52 acre(s) |
| LOT DIMENSIONS | 108x208 |
| PARKING | Detached, Garage, Other, Asphalt |
| STORIES | 2 |
| STYLE | Farmhouse, Historic Antique |
| SUBDIVISION | Carters Add Siloam Spgs |
| TAXES | 2150 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jason Lanker, Keller Williams Market Pro Realty - Siloam Springs
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