Active

Price cut: $25K (10/7)

$724,900

201 E Main St, Heber Springs, AR 72543

--beds

--baths

7,054sqft

Est.:

Apartment

Built in 1882

-- sqft lot

$683,300 Zestimate^®

$103/sqft

$-- HOA

What's special

Share a kitchenetteOnsite coin op laundryWorking restaurant

Welcome to The Cartwright. A former inn built in 1882 that was completely renovated in 2023. The Building has 15 studio apartments, a working restaurant, a lounge and an office that could be rented to generate extra revenue. The apartments are furnished and the upstairs units share a kitchenette. There is onsite coin op laundry that adds to the revenue totals. This property could be easily be turned back into a hotel and operated as such. The Building also comes with a transferrable liquor license. Located in a dry county this makes the license unmeasurably valuable.

139 days

88

2

Tour with a local agent

Facts & features

Interior

Appliances

Included: Other

Features

Flooring: Wood

Interior area

Total structure area: 7,054
Total interior livable area: 7,054 sqft

Property

Parking

Parking features: None

Features

Levels: Two

Lot

Size: 0.46 Acres
Features: Level

Details

Parcel number: 30000259000C
Zoning: C-1

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Apartment

Materials

Brick, Other
Foundation: Other
Roof: Metal

Condition

New construction: No
Year built: 1882

Utilities & green energy

Electric: Electric-Co-op
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Features: Party Room
Subdivision: Heber Springs Original

Location

Region: Heber Springs

Financial & listing details

Price per square foot: $103/sqft
Tax assessed value: $302,240
Annual tax amount: $4,417
Date on market: 7/24/2025
Tenant pays: None
Road surface type: Paved

Estimated market value

$683,300

$649,000 - $717,000

$1,217/mo

Price history

Date	Event	Price
10/7/2025	Price change	$724,900-3.3%$103/sqft
Source: CARMLS #25029309 Report a problem
8/11/2025	Price change	$749,900-6.1%$106/sqft
Source: CARMLS #25029309 Report a problem
7/24/2025	Listed for sale	$799,000+24.8%$113/sqft
Source: CARMLS #25029309 Report a problem
5/19/2022	Listing removed	$640,000$91/sqft
Source: CARMLS #21031745 Report a problem
9/30/2021	Price change	$640,000-8.4%$91/sqft
Source: CARMLS #21031745 Report a problem