$319,700

705 N Rowland Street, Harrison, AR 72601

  • 3,212 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.55acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $100/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Fully occupied four-plex investment opportunity in Harrison with stable rental history and recent rent adjustments moving units closer to market levels. The property consists of one 2-bedroom unit and three 1-bedroom units, each with living room and kitchen on the main level and bathroom upstairs with washer/dryer connections. The lease structure includes one new 12-month lease, one HUD-supported lease, and two long-term tenants currently month-to-month, offering a balance of income stability and flexibility for future rent adjustments. Rental increases effective April 2026 bring the total monthly income to approximately $2,245. Located within the city limits of Harrison with convenient access to local employers, shopping, medical facilities, and schools. This property offers investors the opportunity for steady rental income with potential for future growth in a market where multifamily opportunities are limited.

Listing Status:
Active
Date Added:
March 3, 2026
Data Last Updated:
April 2, 2026 at 7:18PM
Listing Office:
Roger Turner Realty, Inc. : 870-741-3833
MLS ID:
1338289
  • General: None
  • Appliances: Electric RangeElectric Water HeaterRefrigeratorRange Hood
  • Basement: FullFinishedWalk-Out Access
  • Flooring: CarpetLaminateTileWood
  • A/C: Window Unit(s)
  • Heating: Baseboard
  • Fireplace: Fireplaces: 0
  • General: Gravel Driveway
  • Style: Split Level
  • Parking: AssignedOther
  • Roofing: Metal
  • General: RockWood Siding2BlockSlab
  • Road/Access: HighwayPublic Road
  • HOA Amenities: Monthly
  • Originating MLS: ARKMLS_NWA
  • School District: Harrison
  • County: Boone
  • Zoning: PT NE SW A PART OFTHE NE OF THE SW SECTION 3TOWNSHIP 18 NORTHRANGE 20 WESTBOONE COUNTYARKANSASDESCRIBED AS FOLLOWS: FROM THE SW CORNER OF THE NE 1/4 OF THE SW GO N 00?27'31" E 111.00 FEET TO THE POINT OF BEGINNING OF TRACT BEGIN DESCRIBEDTHEN825-13656-000C
  • Fencing: Chain LinkPartial
  • Utilities: Electricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: ARKMLS_NWA

This listing courtesy of Roger Turner Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harrison Kindergarten

500 N Chestnut St, Harrison, AR, 72601

Grades KG-KG

0.24 miles away

H

Harrison Middle School

1125 Goblin Dr, Harrison, AR, 72601

Grades 5-8

1.91 miles away

H

Harrison High School

925 Goblin Dr, Harrison, AR, 72601

Grades 9-12

1.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.