101 S Locust Street, Searcy, AR 72143

Searcy
Local realty services provided by:ERA TEAM Real Estate
101 S Locust Street,Searcy, AR 72143
$947,500
  • - 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:$947,500
  • Price per sq. ft.:$110.59

About this home

16 FULLY OCCUPIED APARTMENTS NEAR HARDING UNIVERSITY – INCOME-PRODUCING INVESTMENT OPPORTUNITY! Located just minutes from Harding University and one block from Downtown Searcy, this established 16-unit multifamily property offers investors immediate rental income in a highly convenient location! The property features 16 one-bedroom, one-bathroom apartments averaging approximately 530 square feet each and is currently 100% OCCUPIED! With scheduled rental income of $8,950 per month ($107,400 annually), this property offers an established income stream from day one. Current rents range from $450 to $625 per month, with recent leases reaching $625, presenting potential for additional rental income as existing leases turn over. Its proximity to Harding University, Downtown Searcy, shopping, dining, and local employers makes this an attractive addition to an investment portfolio. Interested in the numbers? Contact the listing agent for additional financial information, rental details, and...

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Home facts

  • Year built:1980
  • Subdivision & Development:Searcy Original
  • Listing ID #:26037374
  • Added:57 day(s) ago
  • Updated:November 10, 2026 at 03:34 PM

Rooms and interior

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

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:$947,500
  • Price per sq. ft.:$110.59
  • Tax amount:$2,000

Parking

  • Parking description:Parking Pads

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