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Sold on 07/20/2024

27 Cr 137, Corning, AR 72422

$185,000

Last sold 07/20/2024 after 289 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 27 Cr 137

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Lot size 0.79 Acre
Property description
This is a great value-add apartment complex with 8-Units under one roof. The seven 1BR units have new HVAC systems added in 2017. Building was converted from gas to be all electric with new wiring, new stoves, and new water heaters in 2020. Currently 100% occupied. There is a standalone outbuilding with 3 washer and 3 dryer hookups on the grounds for tenant usage.
Listed by
Listing Agent - Craig Melton
Listing Office - ERA Doty Real Estate
Source: CAR MLS mls logo
MLS#23031876 • last updated 2 years ago
Movoto checked CAR MLS for data 2 hours ago
Overview
Levels/Style Traditional
Status Sold
SqFt 5260
Type Multi-Family
SubType Apartments
MLS # 23031876
Lot Size (Acres) 0.79
Annual Taxes 728.78
Listing Agent Contact MeltonVenturesLLC@gmail.com, 870-351-5355
Listing Office Contact 870-935-0731, Steve@dotyproperties.com
Listing Office ERA Doty Real Estate
New Construction? No
Year Built 1984
Listing Agent Craig, Melton
Interior
Kitchen Free-Standing Stove, Electric Range, Refrigerator-Stays
Flooring Partial Carpet
Walls Wood
Interior Features Hot Water Heater-Electric
Ceiling Sheet Rock
Exterior
Foundation Crawl Space
Exterior Brick, Metal/Vinyl Siding
Roofing Composition
Garage/ Parking None
Exterior Features Dumpster
Lot Desc Level, Rural Property, In Subdivision
Amenities / Utilities
Utilities Septic, Water-Public, Electric-Co-op, TV-Cable
Location
County Clay
Area CLAY COUNTY
Subdivision Westwood Acres
Elementary School Corning
Middle School Corning, Corning
High School Corning
APN 722-01396-015C
Directions From Jonesboro, Take Hwy 49 Toward Paragould, Turn Left On Hwy 135 Toward Oak Grove & Lafe, Turn Left On Hwy 62/67 Toward Corning. Pass Through Corning And Turn Left On Clay County Road 137 Apartments Will Be On Your Left.
Zoning R2
Multifamily Details
# of 1-Bath Units 7
1-BR: Max Rent 450
3-BR: Min Rent 650
Tenant Pays All Utilities
# of 3-Bath Units 1
3-BR: Max Rent 650
1-BR: Min Rent 450
1Br # Of Units 7
3Br # Of Units 1
Total # of Units 8
Expenses Include Taxes, Insurance, Maint./Lawn Care, Utilities, Electric, Water/Sewer
Annual Operating Expenses 29901
Annual Income 45600
Lot/ Land Details
Road Surface Paved
  • Aug 2024
    mls logo MLS # 23031876
  • Aug 23, 2024 Sold
    $185,000 (-15.9%)
  • Jul 22, 2024 Under Contract
    —
  • Oct 5, 2023 Listed
    $219,900
  • Oct 2023
    mls logo MLS # 23010215
  • Oct 5, 2023 Expired
    —
  • May 1, 2023 Back On Market
    —
  • Apr 12, 2023 Under Contract
    —
  • Apr 5, 2023 Listed
    $219,900 (-12.0%)
  • Apr 2023
    mls logo MLS # 22033533
  • Apr 6, 2023 Expired
    —
  • Oct 5, 2022 Listed
    $249,900
  • 27 Cr 137
    $185K
  • Clay County
    —
  • 72422
    $119K 0% y/y
  • Corning
    $119K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Park Elementary School
public Grades PK, K-4
Corning School District
N/A
Central Elementary School
public Grades 3-6
Corning School District
5/10
Corning Middle School
public Grades 5-8
Corning School District
7/10
Corning High School
public Grades 9-12
Corning School District
Source: GreatSchools.org © 2026. All rights reserved.

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