Large-scale digital computing almost exclusively relies on the von Neumann architecture, which comprises separate units for storage and computations. The energy-expensive transfer of data from the memory units to the computing cores results in the well-known von Neumann bottleneck. Various approaches aimed toward bypassing the von Neumann bottleneck are being extensively explored in the literature. These include in-memory computing based on CMOS and beyond CMOS technologies, wherein by making modifications to the memory array, vector computations can be carried out as close to the memory units as possible. Interestingly, in-memory techniques based on CMOS technology are of special importance due to the ubiquitous presence of field-effect transistors and the resultant ease of large-scale manufacturing and commercialization. On the other hand, perhaps the most important computation required for applications such as machine learning, etc., comprises the dot-product operation. Emerging nonvolatile memristive technologies have been shown to be very efficient in computing analog dot products in an in situ fashion. The memristive analog computation of the dot product results in much faster operation as opposed to digital vector in-memory bitwise Boolean computations. However, challenges with respect to large-scale manufacturing coupled with the limited endurance of memristors have hindered rapid commercialization of memristive-based computing solutions. In this paper, we show that the standard 8 transistor (8T) digital SRAM array can be configured as an analoglike in-memory multibit dot-product engine (DPE). By applying appropriate analog voltages to the read ports of the 8T SRAM array and sensing the output current, an approximate analog-digital DPE can be implemented. We present two different configurations for enabling multibit dot-product computations in the 8T SRAM cell array, without modifying the standard bit-cell structure. We also demonstrate the robustness of the present proposal in presence of nonidealities such as the effect of line resistances and transistor threshold voltage variations. Since our proposal preserves the standard 8T-SRAM array structure, it can be used as a storage element with standard read-write instructions and also as an on-demand analoglike dot-product accelerator.