101 S Locust

Property Description

Great opportunity to get into the rental business one block from downtown and a few blocks from Harding University. Affordable housing built in 1980. 16-one bedroom apartments with approx. 535 per sq. ft. in each unit. some updates inside and out. rents range from $450.00 to $625.00 per month based on the remodeling.Total currently income is $8825 per month and the property is 100% occupied. Agents see private remarks for expenses.

Overview

Property Status

Sold

Date Sold

June 24, 2026

Lot Size

0.34 Acres

MLS ID

26015714

Property Type

Multi-Family

Year Built

1980

Are you interested?

Schedule a Tour

Dylan Johnston

501-628-2838 [email protected]

Features & Amenities

Neighborhood

Searcy & Central Arkansas

Architecture Styles

Traditional

Utilities

Sewer-Public, Water-Public, Electric-Municipal

Roof

Architectural Shingle, Flat

Lot Features

Level, Corner Lot

Parking

Parking Pads

Air Conditioning

Window Units

Appliances

Free-Standing Stove, Refrigerator-Stays

Substructure

Slab

Sales Price

$869,000

Real Estate Tax

$1,890/yr

Zoning

comm./MF

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 101 S Locust, Searcy, AR 72143

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