Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    195 Crk 137 Corning, AR 72422

    For Sale
    $988,888

    Apartments, Traditional - Corning, AR

    Property size:
    9,632 SF
    Lot size:
    2.42 Acres
    Days on Market:
    127
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 195 Crk 137

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-2
    Patio and Porch features
    Porch
    Interior features
    Built Ins
    Exterior features
    Porch
    Appliances
    Refrigerator
    Size
    9,632 SF
    Lot size
    2.42 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1967
    Floors in Building
    1
    Number of units
    20
    Flooring type
    Concrete, Laminate
    Building materials
    Brick
    Roof type
    Composition, Metal
    Architectural style
    New Traditional

    Halsey Thrasher Harpole Real Estate Group (870) 972-9191

    Listing agent Kim Shelton (870) 972-9191

    Listing date Aug 1, 2025

    MLS# 25030662 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corning Multifamily Investment Opportunity

    This multifamily property in Corning, Arkansas, features 20 apartment units across three all-brick buildings, situated on approximately 1.5 acres. The property offers a solid income stream with potential for expansion. Its location near the future I-57 interstate enhances its desirability for commuters and its long-term value. All 20 apartments were upgraded with new mini-split heating and air units in 2024, providing tenants with comfort and energy efficiency. The property also generates additional revenue from an on-site coin-operated laundry. There is room for value add and rate improvements. An additional approximately 1.0 acre with approximately 240 ft of highway frontage is available for purchase, presenting an excellent opportunity for further development and capitalizing on the demand for additional rental units or other business ventures. The property is zoned R-2. The total living area is 9632 square feet, and the lot size is 2.42 acres.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Corning
    County
    Clay
    State
    Arkansas
    Longitude
    -90.565
    Latitude
    36.4184

    Nearby Similar for Sale

    • $165,000
      1,792 SF

      Corning Fourplex with Income Potential

      Four 1-bedroom units on a corner lot in Corning, AR.
      310 Hope St, Corning, AR 72422
      View Details
    • $350,000
      4,352 SF

      Corning Motel For Sale

      19-room motel in Corning, Arkansas, ideal for family operation.
      525 N Missouri Ave Ave, Corning, AR 72422
      View Details
    • New
      $350,000
      4,352 SF

      Corning, AR Motel For Sale

      19-room motel in Corning, Arkansas, ideal for family operation.
      525 N Missouri Ave Ave, Corning, AR 72422
      View Details
    • $388,888
      2,310 SF

      Renovated Apartment Complex Near I-57

      Newly renovated six-unit apartment complex with strong rental potential.
      195 At Crk 137, Corning, AR 72422
      View Details
    • $3,200,000
      77,830 SF

      Warehouse with Office Space

      Commercial warehouse with office space near major transportation networks.
      810 N Missouri Ave, Corning, AR 72422
      View Details
    • $499,888
      4,598 SF

      Income-Generating Apartment Complex Near I-57

      8-unit apartment complex with upgrades near upcoming I-57 interstate.
      208 Crk 137, Corning, AR 72422
      View Details

    FAQs

    What type of property is this?
    Apartment building - 20-unit multifamily property with expansion potential near future I-57.
    Where is this apartment building located?
    The property is located at 195 Crk 137 Corning, AR.
    What is the asking price?
    The asking price for this property is $988,888.
    What are key features of this property?
    This property features: - 20-unit apartment complex with solid income stream and expansion potential.; - Located near the future I-57 interstate, offering convenient access for commuters.; - **All 20 apartments upgraded with new mini-split heating and air units in 2024.**
    (870) 972-9191
    Request Owner's contact information
    195 Crk 137 Corning, AR 72422
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    195 Crk 137
    Corning, AR 72422
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    195 Crk 137 Corning, AR 72422
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.