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Morrilton, AR Multifamily Homes & Duplexes for Sale

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  • /50

    $2,000,000

    18 Lost Cabin Rd, Morrilton, AR 72110

    Cabin Retreat Near Petit Jean State Park - A Rare Investment Opportunity Lost Cabins of Petit Jean, a premier vacation rental property offering a serene escape near the breathtaking Petit Jean State Park. Spanning 12 acres of lush forest, this established retreat features ten fully furnished cabins, a 20x40 pavilion with hand laid stone fireplace, a fishing pond with dock, and direct access to

    Allen Treadwell Hayden Outdoors Real Estate

    18 Lost Cabin Rd, Morrilton, AR 72110
  • /45

    $699,900

    • Studio
    • 13,600 Sq Ft

    111 E Commerce St, Morrilton, AR 72110

    Great investment opportunity! 8 unit apartment complex consist of 2 studio apartments, 5 -2 bedroom 1 bath, and 1- 3bedroom 2 bath with a private parking garage and a large extra lot for parking! 24 hour notice for all showings.

    Joy Howell-Rickett Howell-Rickett Real Estate Professionals, Inc.

    111 E Commerce St, Morrilton, AR 72110
  • /4

    $199,900

    • Studio
    • 2,184 Sq Ft

    2447 Highway 9, Morrilton, AR 72110

    This well-maintained income-producing property features five fully rented units, providing a steady and reliable stream of rental income. Two units were updated in 2022 and all units are on their own mini split system for heating and cooling. Owner pays all utilities. With a proven track record of consistent occupancy, this apartment building is an excellent investment opportunity. The current

    Tarren Pettigrew Brick Real Estate

    2447 Highway 9, Morrilton, AR 72110

Why Live in Morrilton

Morrilton, located in central Arkansas, is experiencing significant growth due to a billion-dollar investment by Green Bay Packaging, which is expanding its facilities. This small community of about 7,000 residents is seeing a surge in housing demand, with nearly 1,000 contracts signed in the last two weeks alone. The area features numerous state parks, including Petit Jean State Park, which offers hiking, biking, fishing, and boating opportunities. Morrilton City Park provides athletic fields, tennis courts, a playground with a splash pad, and a pool, along with a walking path through a wooded area. The downtown area is growing, with Harding Street lined with supply shops, medical offices, and small businesses, while local restaurants such as Nooner's Diner and Los Cabos offer diverse dining options. The community hosts various events, including church picnics, youth art shows, and the seasonal Morrilton Farmers Market. Morrilton's housing market includes ranch-style houses, New Traditional homes, Craftsman-style homes, and cottages, many of which are being renovated. The South Conway County School District serves the area, maintaining small class sizes and earning high ratings. Morrilton is car-dependent, with quick access to Interstate 40 and Highway 64, and is 20 miles from Conway and 50 miles from Little Rock, which houses Bill and Hillary Clinton National Airport. Residents should be aware of the risk of tornadoes and wind damage, as the area is known for frequent, powerful storms.

Home Trends in Morrilton, AR

Housing Trends

Median Sale Price
$161,000
Median Single Family Sale Price
$173,700
Median Townhouse Sale Price
$145,000
Average Price Per Sq Ft
$112
Number of Homes for Sale
35
Last 12 months Home Sales
104
Months of Supply
4.00
Median List Price
$184,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-9%
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