2447 Highway 9 Morrilton, AR 72110
Estimated payment $1,122/month
Highlights
- Traditional Architecture
- Level Lot
- Mini Split Air Conditioners
- Tile Flooring
About This Home
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 rent roll is available upon request, showcasing the property’s strong rental history. Don’t miss the chance to add this unique asset to your portfolio!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $936
Year Built
- Built in 1966
Lot Details
- 0.47 Acre Lot
- Level Lot
Parking
- Parking Pad
Home Design
- Traditional Architecture
- Slab Foundation
- Rock and Frame
- Composition Roof
Interior Spaces
- 2,184 Sq Ft Home
- 2-Story Property
- Stove
Flooring
- Tile
- Vinyl
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Septic System
Community Details
- 5 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $887 | $54,790 | $24,000 | $30,790 |
| 2024 | $987 | $54,790 | $24,000 | $30,790 |
| 2023 | $1,062 | $54,790 | $24,000 | $30,790 |
| 2022 | $1,112 | $54,790 | $24,000 | $30,790 |
| 2021 | $1,112 | $30,280 | $6,970 | $23,310 |
| 2020 | $1,112 | $30,280 | $6,970 | $23,310 |
| 2019 | $1,112 | $30,280 | $6,970 | $23,310 |
| 2018 | $1,137 | $30,280 | $6,970 | $23,310 |
| 2017 | $1,137 | $30,280 | $6,970 | $23,310 |
| 2016 | $1,198 | $31,090 | $6,970 | $24,120 |
| 2015 | $1,018 | $31,090 | $6,970 | $24,120 |
| 2014 | $1,018 | $31,090 | $6,970 | $24,120 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $199,900 | 0.0% | $92 / Sq Ft |
| 12/01/2025 12/01/25 | Off Market | $199,900 | -- | -- |
| 09/10/2025 09/10/25 | For Sale | $199,900 | 0.0% | $92 / Sq Ft |
| 07/01/2025 07/01/25 | Off Market | $199,900 | -- | -- |
| 06/13/2025 06/13/25 | Price Changed | $199,900 | -2.5% | $92 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $205,000 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | -- | -- |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25013457
APN: 001-05858-000
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