$425,000
11501 Arkansas 128, Malvern, AR 72104
Stephanie Ashcraft
Century 21 Parker & Scroggins Hot Springs
(501) 506-5507
$425,000
11501 Arkansas 128, Malvern, AR 72104
Stephanie Ashcraft
Century 21 Parker & Scroggins Hot Springs
(501) 506-5507
$347,000
1221 & 1221-1/2 Georgia St, Malvern, AR 72104
Wade Stafford Stafford Realtors
Malvern, AR, known as "The Brick Capital of the World," is a city of around 11,000 residents located on the eastern edge of the Ouachita Mountains. The city's historic downtown features buildings made from locally sourced clay, and brick-related events are held throughout the year. Many locals work in education services, and a 150-acre industrial park near Interstate 30 is being developed to attract more businesses. Malvern offers lower home prices compared to the state median, with popular brick homes from the 1970s and large lots available on the city's outskirts. The resort city of Hot Springs is about 20 miles northwest, while Little Rock, home to Bill and Hillary Clinton National Airport, is around 45 miles northeast. The Ouachita River Whitewater Park, located three miles northwest of downtown, provides opportunities for kayaking and fishing. Malvern City Park features athletic facilities and a playground. The Hot Spring County Museum showcases local history, and the Arkansas Yarn Co. offers knitting classes. Game Craz Arcade provides retro gaming fun, while the Diamond State Moto Complex, five miles away, has motocross tracks and training programs. Monthly car shows, the annual Malvern Rodeo, and events at the Hot Spring County Fairgrounds are popular attractions. South Main Street is the city's shopping hub, with a mix of chain restaurants and local eateries. Malvern experiences hot summers and wet winters, with a moderate risk of hail, flooding, and strong winds.
On average, homes in Malvern, AR sell after 58 days on the market compared to the national average of 56 days. The median sale price for homes in Malvern, AR over the last 12 months is $345,000, up 63% from the median home sale price over the previous 12 months.
In Malvern, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $347,000 to $425,000, there's a range to accomodate every budget. As of April, 2026 the median home price in Malvern is $349,000, while the average sale price is $345,000, offering insights into the local housing market. On average, multi-family homes spend 58 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Malvern, AR.