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101 S Locust
101 S Locust
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101 S Locust
101 S Locust
Sold

101 S Locust

101 S Locust, Searcy, AR 72143

$869,000
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.

Studio

0.34 Acres lot

Dylan Johnston

Dylan Johnston

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Vinyl
  • APPLIANCES Free-Standing Stove, Refrigerator-Stays

Area & Lot

  • Status Sold
  • Date Sold June 24, 2026
  • Lot Area0.34 Acres
  • MLS® ID26015714
  • TypeMulti-Family
  • YEAR BUILT1980
  • NeighborhoodSearcy
  • Architecture StylesTraditional

Exterior

  • utilitiesSewer-Public, Water-Public, Electric-Municipal
  • roofArchitectural Shingle, Flat
  • lot featuresLevel, Corner Lot
  • parkingParking Pads
  • AIR CONDITIONINGWindow Units
  • SubstructureSlab

Financial

  • Sales Price$869,000
  • Real Estate Tax $1,890/yr
  • Zoning comm./MF

Searcy

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