The median home value in Morrilton, AR is $119,450.
This is
lower than
the county median home value of $125,000.
The national median home value is $308,980.
The average price of homes sold in Morrilton, AR is $119,450.
Approximately 55% of Morrilton homes are owned,
compared to 35% rented, while
11% are vacant.
Morrilton real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Morrilton real estate agent to arrange a tour today!
Learn more about Morrilton.
We were unable to find listings in Morrilton, AR
Agent-owned rental property has been successfully managed remotely, from Dallas since 2016. These stay full. 10 of the 15 have been renovated & upgraded over the last few years with ceramic or porcelain floors & a new bathrooms. The city has run a sewer line that this property could tie into enabling more units being built on the 4.67 acre property. It would be easy to build 30 new units for a total of 45. Rents average 900-1100 per month for a 2 bedroom apartment. With the increase in housing construction cost there is significant demand for rental property in this small town that is 15 minutes from Conway with it's 3 colleges and two hospitals. Tenants often live here and commute into Conway or Little Rock. This complex is popular with retired people as well which makes it easier to manage from afar as they are happy to communicate the going ons. Local real estate agents are happy to manage for 6% of gross if you don't want to. Seller is a licensee of the Texas Real Estate Commission
Motivated Seller. This cute 3/2 house sits on almost 2.5acres just outside of town. Only 2.5 miles from I40 and less than a mile to the elementary school. The ac/heat system is still under warranty and will transfer to new owners along with a home warranty.