206 Cherry Street Lake City, AR ^$ 159,900

206 Cherry Street

^$ 159,900

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206 Cherry Street

Lake City, AR, 72437

^$ 159,900

Bedrooms4 Baths1.0 Sq 1,300

Monthly Estimate*

^$ 998

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Single Family Home for sale in Lake City, AR

for $159,900 with 4 bedrooms and 1 full bath. This home is 1,300 square feet.

This newly renovated 4 bedroom, 1 bath home offers a great opportunity for instant equity. The property is listed $15,000 below appraised value, making it a strong option for both homeowners and investors. Recent updates provide a move in ready feel while maintaining a practical layout with four bedrooms and one full bathroom. Whether you're looking for a primary residence or an investment opportunity, this home offers solid value from day one. Don't miss the chance to own a renovated property priced below market.

Single Family Active

Price

^$ 159,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 822

Style

Traditional

Town/City

Lake City

County/Region

Craighead

MLS | Web ID

10125416

Features

Interior

Interior Features Ceiling Fan(s) Climate Control

Bedroom 3 Level Main

Bedroom 2 Level Main

Primary Bedroom Level Main

Flooring Vinyl

Master Bedroom Yes

Bedroom 3 Yes

Bedroom 2 Yes

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 4

Bedrooms Possible 0

Exterior

Lot Description Level Shade Trees

Garage Type None

Garage Capacity 2

Exterior Amenities Patio

Foundation Details Slab

General

Sewer City Sewer

Heating Central Electric

Cooling Central Electric

Possession At Closing

Roof Architectural Shingle

Appliances Dishwasher Built-In Electric Oven Electric Range Microwave Built-In

Flood Zone Unknown

Garage Spaces 0.0

Architectural Style Traditional

Construction Materials Brick

Additional Rooms Other

Year Built 0

Water Supply City

Electric CW&L

Subdivision Stones

Stories Count 0

Levels One

Age 0

Property Subtype Single Family

Parcel Number 07-146213-06500

Auction No

Transaction Type Sale

Tax Year 2025

County Craighead

New Construction 0

Property Type Residential

Full Baths 1

Close Price 0.00

Status Active

City Lake City

MLS Area Lake City

Lot Size Units Acres

Lot Size Square Feet 0.00

High School Riverside

Tax Annual Amount 822.00

Elementary School Riverside

Availability Date 1800-01-01

Jr High School Riverside

Year Built Exception 0

Lease Type Net

Occupancy Type Vacant

Legal Description STONE'S ADD

Internal Only

Street Number 1 206

* Excluded Features

List By

Michael Gregson

Listing Agent

New Horizon Real Estate

Broker

michael@newhorizonre.com

Affordability Calculator

$1,066

Per Month

Monthly Principal & Interest: $998
Monthly Property Taxes: $69
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Lake City, AR

Average List Price ^$213,747

Percent of Sale Price 34%

About Lake City, AR

3,323 Population

0% Since 2002

^$39,736 Median Income

39.91 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3432693 Elementary School

3432642 Middle School

Riverside High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/17/2025	$159,900	-3.09%	Price Down
10/16/2025	$165,000		Listed Price

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206 Cherry Street, Lake City, AR, 72437 is a Single Family Home for sale at $159,900 with 1,300 sqft. 206 Cherry Street has 4 bedrooms and 1.0 baths. The property's zip code is 72437 which is in Lake City, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northeast Arkansas Board of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northeast Arkansas Board of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/19/2025.

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206 Cherry Street

Single Family Home for sale in Lake City, AR

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