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Downtown Conway Multifamily Home for Sale

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    $2,300,000

    • Studio
    • 17,617 Sq Ft

    1839 Tyler St, Conway, AR 72032

    Financials available upon request from the listing agent. This 19-unit multifamily complex is offered for sale in a prime location near Hendrix College, The Village at Hendrix, and downtown Conway. Seventeen of the nineteen units have been updated with durable, low-maintenance wood-look tile flooring and coordinated interior paint. The property has seen significant improvements, including a new

    Clint Bailey Moses Tucker Partners

    1839 Tyler St, Conway, AR 72032

About Downtown Conway

Midtown Conway is a centrally located neighborhood known for its historic homes, roundabouts, and annual events. The area is close to Conway's three major universities, earning it the nickname "City of Colleges," and is just 45 miles from Little Rock. Midtown Conway has a vibrant arts scene with events at The Lantern Theatre, The Conway Symphony Orchestra, Reynolds Performance Hall, and The Arkansas Shakespeare Theatre. The annual Toad Suck Daze festival, held the first weekend of May, features rides and food trucks. The Conway Downtown Farmer's Market runs from April to September, offering farm-fresh produce and sustainable meats. Historic Downtown Conway has locally owned thrift stores, boutiques, coffee shops, and theaters, with Mike's Place being a popular New Orleans-style restaurant. Conway Commons on Elsinger Boulevard is a regional shopping hub with big box stores. Midtown Conway features numerous green spaces, including Laurel Park with its splash zone and Gatling Park with access to the 6.5-mile Tucker Creek Walking Trail. Cadron Settlement Park, listed on the National Register of Historic Places, is along the Arkansas River. The neighborhood has a mix of Craftsman, Colonial Revival, and Tudor Revival homes in the Historic District, and various styles in subdivisions like Windcrest and Rosewood Terrace. Schools in the area are highly rated, including Julia Lee Moore Elementary, Ray Phyllis Simon Middle School, Conway Junior High School, and Conway High School. Midtown Conway is safer than the national average and has decent traffic, though public transportation is limited. Major employers include the universities, healthcare system, and The Meadows Office & Technology Park.

Home Trends in Downtown Conway, AR

Home Trends

Median Price (12 Mo)
$238,600
Median Single Family Price
$245,000
Median 2 Bedroom Price
$320,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
46
Last 12 months Home Sales
269
Months of Supply
2.10
Median List Price
$259,400
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
4%
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