Property photo 1
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0 Beds
0 Baths

$985,000

101 S Locust Street, Searcy AR, 72143

Built in1980
Property typeMulti-family

Overview

Active

Listed Sep 13, 2026

Updated 7 days ago

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.

$6,553/mo

Est. mortgage payment based on a $985,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$2,000
Tax Frequency
Annually

Courtesy of Howell Realty Pros, Dylan Johnston

Listing Contact: 501-628-2838 

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Data last updated 10/3/2026, 2:42 AM UTC.

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