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Single-Engine Piston

1978 PIPER ARROW III

🕒 Listed 3 months ago
$169,900
fyiEstimate $153,500–$157,500 ⓘ How this estimate is built

Starts from the median asking price of 156 comparable Piper Single-Engine Piston listings ($151,636), then adjusts for:

  • Year +1 vs comparable listings +1.5%
  • Airframe time -56 hr vs comps +0.1%
  • Engine time +608 hr vs comps -4.9%
  • Autopilot (49% of comps) +0.9%
  • ADS-B (58% of comps) +1.1%
  • Market supply: 4 for sale of 369 FAA-registered +4.1%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

1978
4,451 hrs
N3873M ✈ Flight Tracking
Oct 20, 2026 (6 hours ago)
28R-7803198
CONTINENTAL TSIO360FB1
1
HARTZELL HC-C3YR-1RF
KHVC
★ 5.0 (23 Google reviews)
Morris Air LLC
Per the FAA aircraft registry (public record)
📍 Hopkinsville, KY

Overview

Make / ModelPiper ARROW III
TypeSingle-Engine Piston
Airframe time4,451 hrs
Engine time1,418 SOH
Avionics / TransponderGarmin GTX 330ES
Avionics / AutopilotGARMIN GFC 500
Avionics / Audio panelGarmin GMA345
Avionics / Nav / com radioKing KX 155
Avionics / Datalink weatherGDL 88
Autopilot ADS-B

Description

R3 Aviation Services proudly presents N3873M, a well-equipped 1978 Piper PA-28R-201T Turbo Arrow III with complete logbooks, no damage history, and a collection of upgrades throughout the aircraft. This Turbo Arrow III offers proven turbocharged Piper performance, a capable IFR platform, and the efficiency that has made the Arrow series a favorite among owner-pilots. The panel features dual Garmin G5s, Garmin GFC500 autopilot, GMA345 audio panel, GTX330ES transponder, Flight Stream 210, and JPI EDM930 engine monitor. With Whelen LED lighting, Knots2U wing root seals, good compressions, clean oil analysis, and complete logs, N3873M is a well-supported option ready for personal travel, IFR flying, and advanced training. 4K Video Available. Located: KHVC (Hopkinsville, KY) Available to show by appointment. Delivery + Buyer Resources Available. **All information provided is subject to buyer verification during pre-purchase. R3 Aviation Services makes no representations or warranties regarding accuracy. Hours will increase as aircraft is flown*

Avionics

Dual Garmin G5 | Garmin GFC500 Autopilot | Garmin GMA345 Audio Panel | Garmin GTX330ES Transponder | Garmin GDL 88 ADS-B Out | JPI EDM930 Engine Monitor | Flightstream 210 | Davtron Digital Clock | King KX155 Nav/Comm | ACK ELT | Whelen LED Lights | Knots2U Wing Root Seals

Recommended avionics upgrades

Garmin GTN 650Xi

No IFR GPS navigator is listed — a GTN 650Xi is the standard entry point for WAAS/LPV capability.

See prices & suppliers ›

Suggestions are based on the panel described in this listing; verify STC approval for this make/model before any installation.

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

How this aircraft compares

Where this Piper ARROW III lands versus other Piper ARROW III listings on fyiAero.

Price

33rd pct
$157k$290kThis aircraft · $170k

$170k · 33rd percentile of 9 listings

Airframe time

30th pct
3,3859,704This aircraft · 4,451

4,451 hours total (TTAF) · 30th percentile of 10 listings

Engine time

70th pct
252,152This aircraft · 1,418

1,418 hours since overhaul · 70th percentile of 10 listings

Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.

General

Year1978
ManufacturerPIPER
ModelARROW III
Serial Number28R-7803198
Registration #N3873M
ConditionUsed
Based atHVC

Airframe

Total Time4,451

Engine

Engine 1 Make/ModelCONTINENTAL TSIO360FB1
Engine 1 Time1,418 SOH
Engine TBO2200

Props

Prop ManufacturerHARTZELL
Prop ModelHC-C3YR-1RF
Prop Time1418 SOH

Avionics

Avionics/RadiosDual Garmin G5 | Garmin GFC500 Autopilot | Garmin GMA345 Audio Panel | Garmin GTX330ES Transponder | Garmin GDL 88 ADS-B Out | JPI EDM930 Engine Monitor | Flightstream 210 | Davtron Digital Clock | King KX155 Nav/Comm | ACK ELT | Whelen LED Lights | Knots2U Wing Root Seals

Operating costs & specifications — Piper PA 28R 201 Arrow III

Typical model-level figures for the Piper PA 28R 201 Arrow III (not this specific airframe).

$26,417annual budget · 116 hrs/yr
$128variable cost / hour
$0.92cost per nm
11.6gph fuel burn
$100,427avg pre-owned asking fyiEstimate  $153,500–$157,500

Performance & dimensions

Range695 nm
Cruise speed138 kts · 159 mph
Takeoff / landing1025.0 / 615.0

About this plane

Single engine piston aircraft with retractable landing gear. The PA-28R-201 Arrow III seats up to 3 passengers plus 1 pilot.

Previous listing for N3873M

Previous listing photo of N3873M

1978 PIPER ARROW III

Then asking
$170k
Airframe
4,451 hrs
Engine
CONTINENTAL
View previous listing ↗ · last seen Oct 2026

Range from base

Still-air range ring — type an aircraft to change it. Compare aircraft on the Range tool ›

Last flight

Actual flight path from FlightAware for N3873M. More flight tracking ›