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.
Closed
$869,000
101 S Locust St, Searcy, AR 72143
--beds
--baths
8,568sqft
Apartment
Built in 1980
-- sqft lot
$-- Zestimate®
$101/sqft
$1,230 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,230/mo
Zestimate® history
Owner options
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$1,230/mo
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$4,058/mo
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Zillow last checked:
Listing updated:
Listed by:
Robert Joyner 501-268-1115,
RE/MAX Advantage
Bought with:
Dylan Johnston, AR
Howell Realty Pros
Source: CARMLS,MLS#: 26015714
Facts & features
Interior
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Range, Refrigerator
Features
- Flooring: Vinyl
Interior area
- Total structure area: 8,568
- Total interior livable area: 8,568 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: Two
Lot
- Size: 0.34 Acres
- Features: Level, Corner Lot
Details
- Parcel number: 01600119000
- Zoning: comm./MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Apartment
Materials
- Frame
- Foundation: Slab
- Roof: Shingle,Flat
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: Electric-Municipal
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Searcy
- Subdivision: Searcy Original
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Sold | $869,000-3.3%$101/sqft |
Source:  CARMLS #26015714 Report a problem | ||
| 4/20/2026 | Listed for sale | $899,000+28.4%$105/sqft |
Source: CARMLS #26015714 Report a problem | ||
| 4/14/2023 | Sold | $700,000-12.5%$82/sqft |
Source: CARMLS #23002638 Report a problem | ||
| 2/2/2023 | Contingent | $800,000$93/sqft |
Source: CARMLS #23002638 Report a problem | ||
| 1/26/2023 | Listed for sale | $800,000+788.9%$93/sqft |
Source: CARMLS #23002638 Report a problem | ||
| 6/8/2020 | Listing removed | $375 |
Source: Morning Sun Properties LLC Report a problem | ||
| 5/31/2020 | Listed for rent | $375 |
Source: Morning Sun Properties LLC Report a problem | ||
| 3/23/2020 | Listing removed | $375 |
Source: Morning Sun Properties LLC Report a problem | ||
| 12/23/2019 | Listed for rent | $375 |
Source: Morning Sun Properties LLC Report a problem | ||
| 6/16/2019 | Listing removed | $375 |
Source: Morning Sun Properties LLC Report a problem | ||
| 5/16/2019 | Listed for rent | $375+7.1% |
Source: Morning Sun Properties LLC Report a problem | ||
| 4/16/2018 | Listing removed | $350 |
Source: Morning Sun Properties LLC Report a problem | ||
| 3/17/2018 | Listed for rent | $350 |
Source: Morning Sun Properties LLC Report a problem | ||
| 2/5/2018 | Listing removed | $350 |
Source: Morning Sun Properties LLC Report a problem | ||
| 1/6/2018 | Listed for rent | $350 |
Source: Zillow Rental Manager Report a problem | ||
| 6/17/2014 | Sold | $90,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,890 | $46,550 |
| 2024 | $1,890 | $46,550 |
| 2023 | $1,890 | $46,550 |
| 2022 | $1,890 | $46,550 |
| 2021 | $1,890 -12.9% | $46,550 -12.9% |
| 2020 | $2,170 | $53,440 |
| 2019 | $2,170 | $53,440 |
| 2018 | $2,170 +1.5% | $53,440 |
| 2017 | $2,137 | $53,440 +1.5% |
| 2016 | $2,137 +10% | $52,630 +10% |
| 2015 | $1,943 | $47,850 |
| 2014 | $1,943 | $47,850 |
| 2013 | $1,943 | $47,850 |
| 2011 | -- | $47,850 |
Find assessor info on the county website
Neighborhood: 72143
Nearby schools
GreatSchools rating
- 8/10Southwest Middle SchoolGrades: 4-6Distance: 0.7 mi
- 7/10Ahlf Junior High SchoolGrades: 7-8Distance: 0.4 mi
- 7/10Searcy High SchoolGrades: 9-12Distance: 1.4 mi
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- Arkansas
- White County
- Searcy
- 72143
- 101 S Locust St
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