AUCTION LOCATION: 113 N. Jefferson Street, Magnolia, AR 71753 (SAU On The Square)
ATTENTION: MAGNOLIA HOME BUYERS & REAL ESTATE INVESTORS!
18 Rental Properties Centrally Located in Magnolia ~ Some Currently Rented, Some Rent Ready & Some in Need of Remodeling & Updating ~
ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!
On Wednesday, June 24, 2026, at 11:00 A.M., Wilson Auctioneers will Sell these 18 Income-Producing Rental Properties from SAU On The Square in Magnolia, Arkansas.
(PROPERTY 1) 305 Smith: 1,802± SF 3BR/ 2BA Home & 1BR/ 1BA Detached Garage Studio Apartment. Currently Vacant but Previously Rented at $900/$500 Per Mo. 104’ x 75’ Lot in Great Location
(PROPERTY 2) 406 Ruth: 1,340± SF 3BR/ 2BA Home, Master Suite w/En-Suite Bathroom, Hardwood Floors. Home Needs Remodeling. HVAC Updated. Currently Vacant but Rented Previously at $800/Mo. 100’ x 52.5’ Lot
(PROPERTY 3) 512 Ruth: 1,162± SF 3BR/ 1.5BA Home, Detached 2-Car Garage, Storage Room, Cinderblock Shop. Home Needs Repair & Remodeling. Formerly Rented at $850/Mo. 140’ x 120’ Lot
(PROPERTY 4) 549 Ruth: 1,720± SF 3BR/ 2BA Home (Potential for a 4th Bedroom). Home Needs Repair & Remodeling. HVAC Needs Repair. Formerly Rented at $900/Mo. 0.25± Acre Lot
(PROPERTY 5) 1217 Felix: 1,136± SF 3BR/ 1BA Home, Original Hardwood Floors. Home Needs Remodeling. Fenced Backyard. Formerly Rented at $825/Mo. 60’ x 112’ Lot
(PROPERTY 6) 1216 Linda: 1,118± SF 3BR/ 2BA Home, Updated HVAC, Covered Deck, Large Backyard w/ 2 Outbuildings, Storm Cellar. Formerly Rented at $800/Mo. 70’ x 224’ Lot
(PROPERTY 7) 1310 Chestnut: 2,057± SF 4BR/ 2BA Home, 2 Large Living Areas, Wood Burning Fireplace. Great Home Directly behind School. Fenced Yard, Large Carport. Formerly Rented at $1,200/Mo. 100’ x 143’ Lot
(PROPERTY 8) 1121 Chestnut: 1,310± SF 3BR/ 1BA Home. Formerly Rented at $825/Mo. 98’ x 108’ Lot
(PROPERTY 9) 2226 N. Vine: 1,568± SF 3BR/ 1.5BA Home, 2 Living Areas, Fenced Yard. Needs Remodeling & Updating. Formerly Rented at $800/Mo. 0.36± Acre Lot
(PROPERTY 10) 2220 N. Vine: (5 Total Units) 1,747± SF 3BR/ 2BA Home, 720± SF 2BR/ 1BA Apartment, Vacant Office Building, 2BR/ 2BA Mobile Home & a Large Shop for Storage, All on 2.0± Acres
(PROPERTY 11) 619 & 629 W. University: 1,176± SF 3BR/ 1BA Home & 896± SF 2BR/1BA Mobile Home on 2.28± Acre Lot. Room for More Mobile Homes or Additional Houses. Formerly Rented at $800/$600 Per Mo.
(PROPERTY 12) 1504 Dudney: 1,485± SF 3BR/ 2BA Brick Home. Currently Rented at $950/Mo. 103’ x 107’ Lot
(PROPERTY 13) 1026 Olive: 1,700± SF 3BR/ 2BA Home. Formerly Rented at $850/Mo. 79’ x 115’ Lot
(PROPERTY 14) 816 Olive: 798± SF 2BR/ 1BA Home on a Large Lot. Currently Rented at $750/Mo. 90’ x 110’ Lot
(PROPERTY 15) 208 College View: 1,456± SF 3BR/ 2BA Home. Currently Rented at $950/Mo. 0.25± Acre Lot
(PROPERTY 16) 401 N. Washington: 2,364± SF Duplex. 3BR/ 2BA Unit & 1BR/ 1BA Unit. Formerly Rented at $850/600 Per Mo. 99’ x 122’ Lot
Auction Details
INSPECTION: Vacant Properties can be Viewed by Appointment ~ Contact Agents Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com or Peter Guerin at 501-733-6795/ peter@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day.
CLOSING COMPANY: Pro Land Title Company ~ Closing Agent: Aneatha Hill ~ 110 Harrison Avenue SW, Camden, Arkansas 71701 ~ (870) 800-3933 ~ Fax/ 888-0563.
TERMS: $10,000.00 (PER PROPERTY), All in the Form of a Cashier’s Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
The app allows you to (1) stay informed about our upcoming auctions; (2) view properties that interest you; (3) get notifications when you’ve been outbid; (4) bid no matter where you are located. This is the go-to-source for up-to-the-minute information on all of our auction listings.
