About This Home

This 0-bedroom, 0-bathroom multi-family at 101 S Locust Street in Searcy, AR is listed for $948,900 ($111 per sqft). Built in 1980, the home offers 8,568 sqft of living space on a 0.34 acres lot.

Key Features

  • Built in 1980
  • 0.34 acre lot
  • 2 stories

Property Details

2 stories
1980
Listing Description

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.

Monthly Cost Estimate

$5,075/mo

20% down · 6.5% · 30 years

Principal$686
Interest$4,112
Insurance$277

Estimates only. Actual payments may vary.

Location

101 S Locust Street

Searcy, AR 72143

Searcy Original

Features & Amenities

Exterior Features

Partially Fenced

Property Details

Flooring

VinylTile

Appliances

Electric RangeRefrigerator-StaysElectric RangeRefrigerator-Stays

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 101 S Locust Street is listed at $948,900 ($111/sqft). The estimated monthly payment is $5,075 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.34 acre lot, 2 stories. Exterior Features: Partially Fenced.

This property is listed by Dylan Johnston.

DJ

Dylan Johnston

Agent at GrayWalt Realty Group

Listed by GrayWalt Realty Group · Broker phone: 8702759075 · View on Broker Site

MLS# 26037374· Source: Cooperative Arkansas Realtors Multiple Listing Service· 45 days on PropertySimple

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

101 S Locust Street, Searcy, AR 72143

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