Malvern, AR Multifamily Home for Sale

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.