$2,300,000

Address not disclosed - MLS#25015582 Conway, AR 72034

$10,000
Closing credit¹
17,617 sqft
2.0 acres
$131 / sqft
Condo

Property details

About This Home

Financials available upon request from the listing agent. This 19-unit multifamily complex is offered for sale in a prime location near Hendrix College, The Village at Hendrix, and downtown Conway. Seventeen of the nineteen units have been updated with durable, low-maintenance wood-look tile flooring and coordinated interior paint. The property has seen significant improvements, including a new roof installed in 2021, updated exterior columns, and fully renovated corridors with new doors, fresh paint, modern flooring, and upgraded lighting. The landscaping has been replaced with low-maintenance rock, enhancing curb appeal while reducing upkeep. Additional exterior updates include freshly painted unit doors with new numbering, upgraded water shutoffs with ball valves, and new energy-efficient LED lighting at all front entrances. The complex is fully occupied and has a history of minimal maintenance requirements, making it an excellent turnkey opportunity for investors seeking reliable, passive income.

Highlights

Home typeCondominium
HeatingCentral, Gas
StatusActive
CoolingCentral Air
Size17,617 sqft
Lot size2 Acres
Year built1999
ParkingOther (see remarks)
MLS #25015582

Summary

  • Flooring Type: Other (see remarks)
  • Interior: Other (see remarks)
  • Parking: Other (see remarks)
  • Exterior: Other (see remarks)
  • Architectural Style: Traditional
  • Heating: Central, Gas
  • Cooling: Central Air
  • List Price: $2,300,000
  • Price/SqFt: $130
  • Annual Tax Amount: $10,206
  • Tax Year: 2023
  • Lot: Level
  • Year Built: 1999
  • Stories: 1
  • Living Area: 17,617 SqFt
  • Lot Size: 2 Acres
  • MLS Number: 25015582
  • Office Name: Moses Tucker Partners
  • Office Phone: (501) 376-6555
  • Office Email: accountspayable@mosestucker.com
  • Listing Agent: Clint Bailey

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 6:20:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,300,000

Address not disclosed

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 11, 2022
Home Sold
$1,600,000
Jun 03, 2019
Home Sold
$1,000,000
Jan 02, 2013
Home Sold
$775,000

Tax history

YearAssessmentProperty Tax
2023$201,710$10,206
2022$201,710$10,206
2021$201,710$10,206
2020$201,810$10,211
2019$201,810$10,211
2018$201,810$10,211
2017$201,810$10,211

History based on county public records data.

Nearby schools

6

Ida Burns Elementary School

Public District KG-4

0.5 mi

1201 Donaghey Ave

8

Julia Lee Moore Elementary School

Public District KG-4

1.9 mi

1301 Country Club Rd

6

Theodore Jones Elementary School

Public District KG-4

2.0 mi

1800 Freyaldenhoven Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,250. Most Conway, AR residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

60%
<35k
31%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
13%
Single, with Kids
11%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
43%
18-34 yrs old
29%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • StarbucksStarbucks

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Conway, AR

Conway's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate travel within the city and to neighboring areas. Public transportation services are available, offering routes that connect key areas of the city, though the frequency and coverage may vary. The community is increasingly accommodating to cyclists and pedestrians, with ongoing efforts to improve walkability and bikeability in certain districts. While ride-sharing services are present, they complement the existing transportation options, providing residents and visitors with additional choices for mobility.

The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs, from elementary to high school levels. Higher education is also represented, with institutions that offer a range of programs and degrees. Healthcare services in Conway are anchored by a central hospital, complemented by clinics and specialized care providers that ensure residents have access to essential medical services. The city's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a blend of national chains and unique local establishments that provide a variety of shopping and culinary experiences.

Conway is celebrated for its vibrant community spirit and a lifestyle that balances small-town charm with a touch of urban convenience. The city prides itself on its array of local events, including seasonal festivals and farmers' markets that showcase the region's agricultural heritage and foster a sense of community. The downtown area is a hub of activity, with local businesses and cultural venues contributing to the city's character. Residents and visitors alike enjoy the community's green spaces and recreational facilities, which enhance the quality of life in Conway.

Conway's housing market is diverse, offering a mix of residential options that cater to a range of preferences and budgets. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include ranch, colonial, and contemporary designs. The market also features a selection of apartments and townhouses, providing alternatives for those seeking smaller living spaces or more communal living environments. The area has seen various development phases, with many homes dating back to the mid-20th century, while newer constructions add to the city's modern appeal. The homeownership rate in Conway is robust, with a majority of residents owning their homes, while the remainder are engaged in the rental market.

About this property

This 17,617 square foot home, which was built in 1999, sits on a 2.00 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $2,300,000.

While more than 6 listings in Conway, AR in April 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 33 were sold below. In April 2025 in Conway, AR there were 11.8% more homes for sale than in March.

From Rocket Homes Real Estate and based on county public records data.

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