Monticello, AR Homes for Sale under $200,000

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  $160,000

  • Land
  • 10 Acres
  • $16,000 per Acre

  00 Bowser Rd, Monticello, AR 71655

  ±10 acres on Bowser Road in a desirable location just minutes from the university, hospital, schools, and city amenities. This property offers a mix of open ground and natural tree cover, allowing for a private homesite or future investment opportunity. Utilities are available, and the tract features convenient road frontage with easy access to town while still offering a quiet setting.

  Michelle Fakouri Trademark Real Estate, Inc.

  00 Bowser Rd, Monticello, AR 71655
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  /5

  $173,000

  • Land
  • 3.46 Acres
  • $50,000 per Acre

  0 Roberts Dr, Monticello, AR 71655

  Two vacant commercial lots, including an additional 0.59-acre strip of land located directly behind them. This property offers an ideal location for a medical facility or professional office, with close proximity to the hospital and surrounding medical offices.

  Maecy Echols Monticello Realty

  0 Roberts Dr, Monticello, AR 71655
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  /3

  $145,800

  • Land
  • 40.6 Acres
  • $3,591 per Acre

  19-14-6 Drew Cr 36, Monticello, AR 71655

  The Lone Sassafras 40 Tract is in the south-central part of Drew County, Arkansas approximately 9.0 miles south of Monticello. Access to the property is good from Drew County Road 36 (Midway Route) along the West boundary and Drew County Road 40 (Pleasant Grove Road), a county-maintained gravel road, along the North Boundary. There are typical rural utilities (electric, phone, and rural water) on

  Jordan Bradshaw United Country - Neeley Forestry Service

  19-14-6 Drew Cr 36, Monticello, AR 71655
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  /37

  $175,000

  • 3 Beds
  • 1.5 Baths
  • 1,804 Sq Ft

  119 E College Ave, Monticello, AR 71655

  New to the Market! Looking for the cutest home on the block? This adorable 1940’s charmer will make you smile the moment you walk in! Featuring 3 bedrooms and 1.5 baths, this home has been lovingly refreshed and is truly move-in ready. You’ll love the spacious rooms that make entertaining effortless and oh-so-inviting. And if these walls could talk, they’d share decades of stories and memories —

  Hope Hartness Hope & Company Realty

  119 E College Ave, Monticello, AR 71655
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  /2

  $157,363

  $7K PRICE DROP

  • Land
  • 39.39 Acres
  • $3,995 per Acre

  29-11-5 Ar Hwy 138, Monticello, AR 71655

  The Mt Tabor East Tract is located in Drew County, Arkansas about 12 miles east of Monticello. Access to the property great from Arkansas State HWY 138. This tract has about 0.5 miles of frontage on AR HWY 138 along the north boundary. This tract is planted loblolly pine established about 3 years ago. This tract provides an excellent place to build a house, a great timberland investment, and an

  Jordan Bradshaw United Country - Neeley Forestry Service

  29-11-5 Ar Hwy 138, Monticello, AR 71655
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  /6

  $120,000

  • Land
  • 6 Acres
  • $20,000 per Acre

  0 Hoover Ln, Monticello, AR 71655

  Investors take note!! This approximately 6-acre wooded tract offers a prime residential development opportunity with paved road frontage and approximately 812 feet of frontage on Hoover Lane. This property would also be perfect for building your dream home and have extra room to roam or build that shop you've always wanted!! Conveniently located just minutes from UAM, schools, Baptist Hospital,

  Hope Hartness Hope & Company Realty

  0 Hoover Ln, Monticello, AR 71655
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  /2

  $5,000

  • Land
  • 13,939 Sq Ft
  • $15,625 per Acre

  Lot 23 Tanglewood II, Monticello, AR 71655

  Dreaming of building your perfect home in a great subdivision? Ready to invest in your next opportunity? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 23 Tanglewood II, Monticello, AR 71655
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  $160,000

  • Land
  • 29 Acres
  • $5,517 per Acre

  0 US Highway 278, Monticello, AR 71655

  Whether you are looking for a homestead, managing timber, or just interested in recreational use, this will be a great property for you. Conveniently located five minutes from Monticello, a rare find in Drew County, this property features plenty of road frontage, mature timber, beautiful creeks, and wildlife of all kinds.

  Ty Wilkerson Wilkerson Real Estate Company

  0 US Highway 278, Monticello, AR 71655
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  /2

  $28,500

  $4K PRICE DROP

  • Land
  • 18,730 Sq Ft
  • $66,279 per Acre

  Lot #12 University Dr, Monticello, AR 71655

  Location!! Location!! Location!!! Quiet neighborhood & perfect location to build your dream home. Don.t Miss Out!!

  Hope Hartness Hope & Company Realty

  Lot #12 University Dr, Monticello, AR 71655
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  $89,000

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,011 Sq Ft

  238 W College Ave, Monticello, AR 71655

  Property is being sold in an as-is condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a pre-qualification

  Brian Brockman Bang Realty

  238 W College Ave, Monticello, AR 71655
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  $131,500

  • Land
  • 37.75 Acres
  • $3,483 per Acre

  0000 Rural, Monticello, AR 71655

  This Mixed Stand of all age timber has the potential to produce income, as well as hunting opportunities and with a state Hwy on the South side and County Roads on the west and north property boundaries, give many options to the person looking to build.

  Jerry Gates Key Realty

  0000 Rural, Monticello, AR 71655
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  /3

  $3,500

  • Land
  • 6,534 Sq Ft
  • $23,333 per Acre

  Lot 7 Parkwood, Monticello, AR 71655

  Ready to invest in your next opportunity? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 7 Parkwood, Monticello, AR 71655
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  /2

  $6,000

  • Land
  • 12,196 Sq Ft
  • $21,429 per Acre

  Lot 25 Kennedy St Sherwood Forest, Monticello, AR 71655

  Ready to invest in your next opportunity?? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 25 Kennedy St Sherwood Forest, Monticello, AR 71655
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  $185,000

  • 2 Beds
  • 2 Baths
  • 1,712 Sq Ft

  152 Wheeler Ln, Monticello, AR 71655

  Charming updated 2 bed 2 bath home with an office that is currently set up as a third bedroom. This home sits on one acre located about 5 miles south of Monticello on a dead end street. It also features a two car carport, a nice storage building, new paint throughout, and new kitchen backsplash. New mini splits were also installed in 2025. This home would make a great place for a family or the

  Ty Wilkerson Wilkerson Real Estate Company

  152 Wheeler Ln, Monticello, AR 71655
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  /6

  $80,000

  $25K PRICE DROP

  • 420 Sq Ft

  124 W College Ave Unit A & B, Monticello, AR 71655

  Great investment opportunity in the heart of town! This property includes two separate 1BR/1BA tiny homes, each designed for low-maintenance living and steady rental income. Both units are currently tenant-occupied, providing immediate cash flow. Convenient in-town location and an easy, hands-off setup for any investor.

  Michelle Fakouri Trademark Real Estate, Inc.

  124 W College Ave Unit A & B, Monticello, AR 71655
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  $118,000

  $22K PRICE DROP

  • Land
  • 40 Acres
  • $2,950 per Acre

  0000 Deal Rd, Monticello, AR 71655

  This 40-acre tract in Drew County, Arkansas offers a scenic blend of hardwoods and pine, making it an excellent opportunity for outdoor enthusiasts and land investors alike. A winding creek bottom cuts through the property, enhancing its natural beauty. The diverse timber stand provides great habitat for local wildlife, including deer and turkey, making it a prime spot for hunting and recreation.

  Michael Oltmann American Legacy Land Co

  0000 Deal Rd, Monticello, AR 71655
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  /2

  $5,000

  • Land
  • 6,534 Sq Ft
  • $33,333 per Acre

  Lot 86 Parkwood, Monticello, AR 71655

  Ready to invest in your next opportunity? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 86 Parkwood, Monticello, AR 71655
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  $94,875

  • Land
  • 12.62 Acres
  • $7,518 per Acre

  Parcel 2 Highway 172, Monticello, AR 71675

  Discover the potential of this beautiful 12.65-acre tract! Featuring a secured utility easement and currently covered in younger pine timber, this property offers both privacy and opportunity. Whether you’re looking to build your dream home, create a peaceful homestead, or invest for the future, this acreage provides a versatile canvas to make your vision a reality. Don’t miss your chance to own

  Brandi Eubanks Hope & Company Realty

  Parcel 2 Highway 172, Monticello, AR 71675
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  /3

  $5,000

  • Land
  • 6,534 Sq Ft
  • $33,333 per Acre

  Lot 87 Parkwood, Monticello, AR 71655

  Ready to invest in your next opportunity? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 87 Parkwood, Monticello, AR 71655
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  /2

  $6,000

  • Land
  • 12,196 Sq Ft
  • $21,429 per Acre

  Lot 27 Kennedy St Sherwood Forest, Monticello, AR 71655

  Dreaming of building your perfect home in a great subdivision? Ready to invest in your next opportunity? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 27 Kennedy St Sherwood Forest, Monticello, AR 71655
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  /3

  $15,000

  • Land
  • 6,534 Sq Ft
  • $100,000 per Acre

  Lot 33 Tanglewood II, Monticello, AR 71655

  Dreaming of building your perfect home in a great subdivision? Ready to invest in your next opportunity? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 33 Tanglewood II, Monticello, AR 71655
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  /35

  $112,750

  • 4 Beds
  • 1 Bath
  • 1,500 Sq Ft

  420 E Oakland St, Monticello, AR 71655

  Opportunity awaits at 420 E. Oakland Ave! This approximately 1,500 sq. ft. home sits on a spacious 0.25-acre lot and offers great potential for an investor or buyer looking to make it their own. Featuring a functional layout, covered parking, and a convenient location near schools, shopping, and downtown Monticello, this property is ready for its next chapter. Priced to reflect current condition

  Keana Shaw Exp Realty

  420 E Oakland St, Monticello, AR 71655
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  /3

  $15,000

  • Land
  • 13,939 Sq Ft
  • $46,875 per Acre

  Lot 35 Tanglewood II, Monticello, AR 71655

  Dreaming of building your perfect home in a great subdivision? Ready to invest in your next opportunity? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 35 Tanglewood II, Monticello, AR 71655
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  $91,950

  • Land
  • 12.26 Acres
  • $7,500 per Acre

  Parcel 3 Highway 172, Monticello, AR 71675

  Discover the potential of this beautiful 12.26-acre tract! Featuring a secured utility easement and currently covered in younger pine timber, this property offers both privacy and opportunity. Whether you’re looking to build your dream home, create a peaceful homestead, or invest for the future, this acreage provides a versatile canvas to make your vision a reality. Don’t miss your chance to own

  Brandi Eubanks Hope & Company Realty

  Parcel 3 Highway 172, Monticello, AR 71675
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  /6

  $80,000

  $25K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 420 Sq Ft

  124 W College A & B Ave, Monticello, AR 71655

  Great investment opportunity in the heart of town! This property includes two separate 1BR/1BA tiny homes, each designed for low-maintenance living and steady rental income. Both units are currently tenant-occupied, providing immediate cash flow. Convenient in-town location and an easy, hands-off setup for any investor.

  Michelle Fakouri Trademark Real Estate, Inc.

  124 W College A & B Ave, Monticello, AR 71655
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  /5

  $95,000

  • Land
  • 1.43 Acres
  • $66,434 per Acre

  1504 US Highway 278, Monticello, AR 71655

  Located directly across from the airport, this property sits in a high-traffic area at the intersection of Hwy 278 East and Hwy 35 East. It offers strong visibility and solid potential for a successful business location.

  Maecy Echols Monticello Realty

  1504 US Highway 278, Monticello, AR 71655
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  /47

  $168,000

  • 3 Beds
  • 1 Bath
  • 1,780 Sq Ft

  209 E Shelton Ave, Monticello, AR 71655

  Welcome to 209 E Shelton Ave, Monticello, AR! Well-maintained brick home offering approximately 1,780 square feet of living space and currently configured as a 3-bedroom, 1-bath residence. Conveniently located in town, this property features a fenced backyard, covered carport, and a spacious back patio perfect for relaxing or entertaining. This home has seen numerous major updates over the years,

  Brandi Eubanks Hope & Company Realty

  209 E Shelton Ave, Monticello, AR 71655
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  /3

  $5,000

  • Land
  • 6,534 Sq Ft
  • $33,333 per Acre

  Lot 41 Tanglewood II, Monticello, AR 71655

  Dreaming of building your perfect home in a great subdivision? Ready to invest in your next opportunity? Or thinking about building a property to turn into a rental? Let’s go walk some of these lots together and create a plan that fits your goals!

  Hope Hartness Hope & Company Realty

  Lot 41 Tanglewood II, Monticello, AR 71655

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