NOT LISTED FOR SALE

1608 Cherry St Conway, AR 72032

Downtown Conway Neighborhood
1 Bed
1 Bath
42,416 Sq Ft
1.85 Acres

Last Sold January 28, 2025

Last sale price $3,200,000 $75 Per Sq Ft

2 Days on Market

Highlights

  • 1.85 Acre Lot
  • Traditional Architecture
  • Level Lot
  • Conway Junior High School Rated A-
  • Central Heating and Cooling System
  • Carpet

About This Home

As of January 2025

Great value add opportunity. Large apartments, all have laundry rooms, large bathroom, many have walk in closets. All need new paint, flooring, counters and appliances. All roofs are new. Office included. Two-minute drive from Hendrix College, Downtown Conway, and 5 minutes from University of Central Arkansas. 3 Minutes from I-40. Listing agent is owner.

Last Agent to Sell the Property

Zachary Saxion

Moses Tucker Partners Listed on: 12/03/2024

Last Buyer's Agent

Zachary Saxion

Moses Tucker Partners Listed on: 12/03/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,863

Year Built

  • Built in 1984

Lot Details

  • 1.85 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 42,416 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Utilities

  • Central Heating and Cooling System

Community Details

  • 44 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,863

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 12/03/2024
  • Road Surface: Paved
  • Type: Apartments
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Floors: Partial Carpet, Laminate
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 1.85
  • Estimated Lot Size: 1.85
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent One Bedroom: 799
  • Maximum Rent Two Bedroom: 900
  • Minimum Rent One Bedroom: 600
  • Minimum Rent Two Bedroom: 700
  • Number Of One Bedroom Units: 28
  • Number Of Two Bedroom Units: 16
  • Number Units: 44

Tax Info

  • Annual Taxes: 18863.17
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/28/2025 01/28/25 Sold $3,200,000 0.0% $75 / Sq Ft
12/30/2024 12/30/24 Rented $650 0.0% --
12/27/2024 12/27/24 For Rent $650 0.0% --
12/03/2024 12/03/24 For Sale $3,200,000 +28.0% $75 / Sq Ft
07/28/2022 07/28/22 Sold $2,500,000 0.0% $113 / Sq Ft View Prior Sale
06/28/2022 06/28/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $2,500,000 -- $113 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,578 $478,780 $47,570 $431,210
2024 $18,863 $478,780 $47,570 $431,210
2023 $17,148 $338,900 $23,780 $315,120
2022 $17,148 $338,900 $23,780 $315,120
2021 $17,148 $338,900 $23,780 $315,120
2020 $15,613 $308,560 $23,780 $284,780
2019 $15,613 $308,560 $23,780 $284,780
2018 $15,613 $308,560 $23,780 $284,780
2017 $15,613 $308,560 $23,780 $284,780
2016 $15,613 $308,560 $23,780 $284,780
2015 $16,037 $316,940 $23,780 $293,160
2014 $16,037 $316,940 $23,780 $293,160
Source: Public Records

Agents Affiliated with this Home

  • Zachary Saxion

    Seller's Agent in 2025

    Zachary Saxion

    Moses Tucker Partners

    (501) 376-6555

    13 in this area

    32 Total Sales

    Zachary Saxion
    Section Image
  • Jessica Watts

    Seller's Agent in 2024

    Jessica Watts

    Aspire Realty Group

    (912) 313-5429

    2 Total Sales

    Jessica Watts
    Section Image
  • Tarren Pettigrew

    Seller's Agent in 2022

    Tarren Pettigrew

    Brick Real Estate

    (479) 276-3197

    31 in this area

    133 Total Sales

    Tarren Pettigrew
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24043417

Cooperative Arkansas REALTORS® MLS
Arkansas Faulkner County Conway 72032 Downtown Conway

1608 Cherry St, Conway, AR

Not Listed 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.

Nearby Homes