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Triplex With Carport
For Sale
$210,000

1526 Hwy 65 N, Damascus, AR 72039

Multi-Family, Damascus, AR

Property Size5,000 SF
Lot Size1.00 Acre
Price / SF$42
Days on Market158

Property Features for 1526 Hwy 65 N

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features Carport
Appliances Free-Standing Stove, Microwave, Free-Standing Stove, Microwave
Subdivision Metes & Bounds
Lot features Level
Directions From the Y at Hwy 65 and Hwy 25 on the North side of Greenbrier, Travel North on Hwy 65 approximately 4.75 miles to location on the right.
Standard status Active
Size 5,000 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description To be provided
Tax Annual Amount 2909
Legal Description To be provided

Utilities

Utilities Propane

Building Details

Year built 2005
Floors in Building 1
Number of units 3
Flooring type Vinyl, Carpet - Partial, Concrete, Tile
Roof type Metal
Listing Agency: Brick Real Estate
Listed By: James Lacy · License #SA00091332
Added: Apr 10 Changed: Sep 12 Last Checked: Sep 14 at 12:06PM
MLS# 26014167

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit residential income property contains 5,000 square feet across a 1-acre parcel. Built in 2005, the building has a metal roof, carport parking, propane service, and a combination of carpet, tile, concrete, and vinyl flooring. Appliance offerings include free-standing stoves and microwaves.

The property is located at 1526 Hwy 65 N in Damascus, Arkansas, within Faulkner County. The triplex is fully rented, providing an established occupancy profile for a purchaser seeking a multifamily asset. The property is offered for sale as the owner retires.

Key Highlights

  • 5,000 square feet on 1 acre
  • Triplex built in 2005
  • Currently fully rented

Property Analytics

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Current Use

Hwy 65 Apts. Apartment Building

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 72039, AR

2,254
Population
944
Households
2.4
Avg Household Size
40
Median Age
16%
College-Educated
89%
High-School Grad
61.1 sq mi
ZIP Area
37
Density / Sq Mi
$59,018
Median Household Income
$37,792
Median Earnings
$974
Median Rent
$147,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully rented three-unit property with carport parking and a mix of carpet, tile, concrete, and vinyl flooring.
Where is this triplex located?
The property is located at 1526 Hwy 65 N Damascus, AR.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 5,000 square feet on 1 acre; Triplex built in 2005; Currently fully rented
More about this property
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