Seven-Unit Apartment
For Sale
$500,000
166 CR 806, Gamaliel, AR 72637
MULTI-FAMILY, Gamaliel, AR
Property SizeContact for details
Lot Size1.56 Acres
Days on Market425
Property Features for 166 CR 806
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Mixed Use
Window features
Double Pane Windows
Interior features
Carpet, Vinyl Floor, Tile Floor, Laminate Floor
Appliances
Gas Range/Oven, Refrigerator
Standard status
Active
APN
002-06980-000
Lot size
1.56 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
STR: 15-20-12, See attached for full legal
Tax Annual Amount
2643
Legal Description
STR: 15-20-12, See attached for full legal
Utilities
Sewer type
Shared Septic
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Well
Building Details
Floors in Building
2
Listing Agency:
REMAX TWIN LAKES
(870) 701-0222
Listed By:
Morgan Sharp
(870) 424-7888
Added: Jul 11, 2025
Changed: Sep 4
Last Checked: Sep 8 at 4:06PM
MLS# 131950
Copyright © 2026 North Central Board of Realtors. 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 apartment property includes seven leased units across one house, two duplexes, and two additional standalone structures. The unit mix consists of one three-bedroom, two-bath residence; two two-bedroom units; and four one-bedroom units, with sizes ranging from 750 to 1,800 square feet. A 40 x 30 detached garage accompanies the largest residence, while a separate 30 x 25 maintenance garage supports the property. Interior finishes include carpet, vinyl, tile, and laminate flooring, with gas ranges and refrigerators provided in the units.
The property occupies 1.56 acres in Gamaliel, Arkansas. Utilities are all electric, with water supplied by a well and wastewater handled through a shared septic system. All seven units are currently leased to long-term tenants.
The property occupies 1.56 acres in Gamaliel, Arkansas. Utilities are all electric, with water supplied by a well and wastewater handled through a shared septic system. All seven units are currently leased to long-term tenants.
Key Highlights
- Seven units spanning one house, two duplexes, and two standalone structures
- Unit sizes range from 750 to 1,800 square feet
- Unit mix includes 1 three‑bedroom, 2 two‑bedroom, and 4 one‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased apartment property with varied floor plans, detached garages, and electric systems supported by well and shared septic.
Where is this apartment building located?
The property is located at 166 CR 806 Gamaliel, AR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Seven units spanning one house, two duplexes, and two standalone structures; Unit sizes range from 750 to 1,800 square feet; Unit mix includes 1 three‑bedroom, 2 two‑bedroom, and 4 one‑bedroom units
