$699,900

111 E Commerce St Morrilton, AR 72110

Estimated payment $4,184/month

Total Views 5,406
-- Bed
-- Bath
13,600 Sq Ft
$51 Price per Sq Ft

Highlights

  • 0.8 Acre Lot
  • Central Heating and Cooling System
  • Level Lot
  • Wood Flooring
  • Garage

About This Home

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! 48 hour notice for all showings.

Listing Agent

Joy Howell-Rickett

Howell-Rickett Real Estate Professionals, Inc. Listed on: 07/15/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 1932

Lot Details

  • 0.8 Acre Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 13,600 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • 8 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,200

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside City Limits: Yes
  • LVT Date: 07/23/2025
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Apartments
  • Warranty: Normal Wrkng Ordr, As O&a
  • Zoning: B1
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1932

Interior Features

  • Floors: Partial Carpet, Tile, Wood
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove

Exterior Features

  • Exterior: Stucco
  • Roof: Flat

Garage/Parking

  • Garage/Parking: Garage

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.8
  • Estimated Lot Size: .80
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent One Bedroom: 675
  • Maximum Rent Three Bedroom: 1050
  • Maximum Rent Two Bedroom: 1075
  • Minimum Rent One Bedroom: 550
  • Minimum Rent Three Bedroom: 1050
  • Minimum Rent Two Bedroom: 875
  • Number Of One Bathroom Unitss: 7
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bathroom Units: 1
  • Number Of Two Bedroom Units: 5
  • Number Units: 8

Tax Info

  • Annual Taxes: 6200

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2025 07/15/25 For Sale $699,900 +16.8% $51 / Sq Ft
09/30/2024 09/30/24 Sold $599,000 0.0% $44 / Sq Ft View Prior Sale
08/22/2024 08/22/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $599,000 -- $44 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25029224

Cooperative Arkansas REALTORS® MLS
Arkansas Conway County Morrilton 72110

111 E Commerce St, Morrilton, AR

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Joy Howell-Rickett
Listing Agent
Joy Howell-Rickett
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Howell-Rickett Real Estate Professionals, Inc.
(501) 506-5628