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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

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.**
More about this property
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