$988,888

195, 18, 208 Cr 137 Corning, AR 72422

Estimated payment $5,379/month

Total Views 2,295
-- Bed
-- Bath
9,632 Sq Ft
$103 Price per Sq Ft

Highlights

  • 2.42 Acre Lot
  • Porch
  • Central Heating and Cooling System
  • Traditional Architecture
  • 1-Story Property
  • Concrete Flooring

About This Home

20-doors! Three all brick buildings on +/-1.5 acres. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. Positioned near the future I-57 interstate, this complex is convenient for commuters, enhancing its desirability and long-term value. All 20 apartments were upgraded with new mini-split heating and air units in 2024, offering tenants comfort and energy efficiency. Additional revenue income from on-site coin-operated laundry. Room for value add and rate improvements. An additional +/- 1.0 acre with appproxmimatly 240 ft of highway frontage is available to purchase providing an excellent opportunity for further development, allowing you to capitalize on the demand for additional rental units or other business ventures.

Listing Agent

Kim Shelton

Halsey Real Estate Listed on: 08/01/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 1967

Lot Details

  • 2.42 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 9,632 Sq Ft Home
  • 1-Story Property
  • Stove

Flooring

  • Laminate
  • Concrete

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric

Community Details

  • 20 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,321

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • LVT Date: 08/01/2025
  • Price Per Sq Ft: 102.67
  • Road Surface: Paved
  • Type: Apartments
  • Zoning: R-2
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Floors: Concrete, Laminate
  • Foundation: Slab
  • Stories: One Story
  • Interior Amenities: Built Ins
  • Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Composition, Metal
  • Exterior Features: Porch

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 2.42
  • Estimated Lot Size: 2.42
  • Lot: Level

Multi Family

  • Annual Expenses: 11200
  • Tenant Expenses: Cable
  • Maximum Rent One Bedroom: 600
  • Minimum Rent One Bedroom: 550
  • Number Of One Bedroom Units: 20
  • Number Units: 20

Tax Info

  • Annual Taxes: 1321

Map

Range of Values:

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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 Change Sq Ft Price
08/01/2025 08/01/25 For Sale $988,888 -- $103 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25030662

Cooperative Arkansas REALTORS® MLS
Arkansas Clay County Corning 72422

195, 18, 208 Cr 137, Corning, AR

This home is located at 195, 18, 208 Cr 137, Corning, AR 72422 and is currently priced at $988,888, approximately $102 per square foot. This property was built in 1967. 195, 18, 208 Cr 137 is a home located in Clay County with nearby schools including Park Elementary School, Central Elementary School, and Corning Middle School.

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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Kim Shelton
Listing Agent
Kim Shelton
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Halsey Real Estate
(870) 276-8597