$1,740,000

709 Melody Ln Searcy, AR 72143

Estimated payment $9,809/month

Total Views 4,091
-- Bed
-- Bath
21,738 Sq Ft
$80 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Carpet
  • Southwest Middle School Rated A-
  • Level Lot

About This Home

Brick Real Estate is proud to present a 24 unit apartment complex on Melody Lane in Searcy, AR. This complex offers a blend of turn key income and stabilization, while still being able to add value and increase revenue. All buildings come with new roofs, exterior paint, and all new windows. Interior renovations vary, but many have received new countertops, floors, cabinets, fixtures, and appliances. This asset is secluded on an 8.31 acre lot providing tenants with ample green space. Reach out for additional information.

Listing Agent

Benton Glass

Brick Real Estate Listed on: 06/13/2025

Co-Listing Agent

Lane Patterson

Aligned Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 1975

Lot Details

  • 8.31 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 21,738 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • 24 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,300

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 06/20/2025
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Apartments
  • Zoning: Multi
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Floors: Partial Carpet, Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Microwave, Dishwasher

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 8.31
  • Estimated Lot Size: 8.31
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: Electric
  • Maximum Rent One Bedroom: 700
  • Maximum Rent Three Bedroom: 812
  • Maximum Rent Two Bedroom: 825
  • Minimum Rent One Bedroom: 680
  • Minimum Rent Two Bedroom: 600
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 21
  • Number Units: 24

Tax Info

  • Annual Taxes: 8299.86

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
06/13/2025 06/13/25 For Sale $1,740,000 -- $80 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25024436

Cooperative Arkansas REALTORS® MLS
Arkansas White County Searcy 72143

709 Melody Ln, Searcy, 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.

Nearby Homes
Benton Glass
Listing Agent
Benton Glass
Section Image
Brick Real Estate
(501) 510-5852