101 S Locust Street, Searcy, AR 72143

Searcy
Local realty services provided by:ERA Doty Real Estate
101 S Locust Street,Searcy, AR 72143
$985,000
  • - Beds
  • - Baths
  • 8,568 sq. ft.
  • Multi-family
  • Active
Listed by: dylan johnston
Office: howell realty pros
MLS#:26037374
Source:AR_CARMLS

Price summary

  • Price:$985,000
  • Price per sq. ft.:$114.96

About this home

Excellent investment opportunity just one block from Downtown Searcy and only minutes from Harding University! This 16-unit multifamily property features all one-bedroom, one-bath apartments averaging approximately 530 square feet each. The property is currently 100% occupied, with rents ranging from $450 to $625 per month and current scheduled rents totaling $8,950 per month ($107,400 annualized). Recent leases reflect rents as high as $625 per month, offering continued potential as leases turn over. With a convenient location near downtown, Harding University, shopping, dining, and other Searcy amenities, this is a great opportunity to add an established, income-producing multifamily property to your portfolio. See Agent Remarks for additional financial information.

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Home facts

  • Year built:1980
  • Subdivision & Development:Searcy Original
  • Listing ID #:26037374
  • Added:12 day(s) ago
  • Updated:September 26, 2026 at 02:22 PM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Living area:8,568 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Window Units

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1980
  • Building area:8,568 sq. ft.
  • Lot area:0.34 Acres
  • Lot Features:Corner Lot, Level
  • Architectural Style:Traditional
  • Construction Materials:Frame
  • Foundation Description:Slab
  • Levels:2 Stories

Utilities

  • Water:Water-Public
  • Sewer:Sewer-Public

Finances and disclosures

  • Price:$985,000
  • Price per sq. ft.:$114.96
  • Tax amount:$2,000

Parking

  • Parking description:Parking Pads

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