7-Unit Apartment
For Sale
$500,000
166 CR 806, Gamaliel, AR 72637
Multi-Family, Traditional, Gamaliel, AR
Property Size6,800 SF
Lot Size1.56 Acres
Price / SF$73.53
Days on Market425
Property Features for 166 CR 806
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
11
Bathrooms
9
Full bathrooms
9
Rooms
Bedroom 11, Bedroom 10, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 9, Bathroom 2, Bedroom 1, Bathroom 7, Bathroom 6, Bathroom 4, Bedroom 7, Bedroom 6, Bedroom 5, Bathroom 9, Bathroom 3, Bedroom 2, Bedroom 8, Bathroom 5, Bathroom 8
Appliances
Gas Range, Refrigerator-Stays, Gas Range, Refrigerator-Stays
Subdivision
Not in List
Lot features
Level
Directions
Head east on Hwy 62 E, L on Hwy 101 for 3.1 mi, L on CR 806 for 900 ft to Twin Gables #2 on the L. No real estate sign.
Standard status
Active
Size
6,800 SF
Lot size
1.56 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
STR:15-20-12
Tax Annual Amount
2643
Legal Description
STR:15-20-12
Building Details
Floors in Building
2
Number of units
7
Flooring type
Vinyl, Tile, Carpet - Partial, Laminate
Roof type
Metal, Shingle
Architectural style
Other
Listing Agency:
Re/Max Twin Lakes
(870) 701-0222
Listed By:
Morgan Sharp
(870) 404-3121
Added: Jul 11, 2025
Changed: Sep 7
Last Checked: Sep 8 at 4:06PM
MLS# 25045909
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 7-unit apartment property in Gamaliel, Arkansas, spans 6,800 square feet on 1.56 acres. The residential improvements include one house, two duplexes, two standalone units, a detached garage, and a separate maintenance garage. Unit sizes range from 750 to 1,800 square feet, with layouts ranging from one-bedroom, one-bath units to a three-bedroom, two-bath residence.
The property is fully leased to long-term tenants. Utilities are all electric, with water supplied by a well and wastewater handled by septic. Additional improvements include a 40 x 30 detached garage associated with Unit 1 and a 30' x 25' maintenance garage. The property is located at 166 CR 806 in Gamaliel, Baxter County, Arkansas 72637.
The property is fully leased to long-term tenants. Utilities are all electric, with water supplied by a well and wastewater handled by septic. Additional improvements include a 40 x 30 detached garage associated with Unit 1 and a 30' x 25' maintenance garage. The property is located at 166 CR 806 in Gamaliel, Baxter County, Arkansas 72637.
Key Highlights
- 7 units across one house, two duplexes, and two single structures
- 1.56 acres m/l with 6,800 square feet of improvements
- Fully leased with long‑term tenants
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased residential asset with multiple building types, detached garages, and established long-term tenancy.
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: 7 units across one house, two duplexes, and two single structures; 1.56 acres m/l with 6,800 square feet of improvements; Fully leased with long‑term tenants
