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0 Beds
0 Baths

$947,500

101 S Locust Street, Searcy AR, 72143

Built in1980
Property typeMulti-family

Overview

Active

Listed Sep 13, 2026

Updated 28h ago

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 investment analysis! See Agent Remarks for additional information.

$6,304/mo

Est. mortgage payment based on a $947,500 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 11/10/2026, 3:50 AM UTC.

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