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    1823 Highway 178 Midway, AR 72651

    For Sale
    $350,000

    Home with Rental Unit - Midway, AR

    Property size:
    2,314 SF
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1823 Highway 178

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    Parking features
    Garage, Garage - Attached
    Interior features
    Carpet, Split Bedroom Plan
    Exterior features
    Rv Parking
    Appliances
    Range, Range - Electric, Refrigerator
    Size
    2,314 SF

    Utilities

    Heating system
    Central, Ductless (Heating), Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Ductless, Electric, Heat Pump

    Building Details

    Floors in Building
    1
    Building materials
    Masonite
    Architectural style
    Other

    Beaman Realty (870) 431-5252 [email protected]

    Listing agent GARY STUBENFOLL (870) 431-5252

    Listing date Oct 8, 2025

    MLS# 132602 Listing URL

    Copyright © 2025 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.

    Overview

    Midway Home with Rental Income

    This income property is situated on 5.62 acres and includes a main home with 2 bedrooms, 1 bathroom, a garage, a carport, and a screened-in porch. The property is located five minutes from Bull Shoals Lake and the White River. RV or mobile home hook-ups are available, complete with electric water and septic. In addition to the main residence, there are two fully remodeled tiny cabins. All three structures feature new windows, HVAC systems, electrical service, flooring, kitchens, and roofs. The property has been surveyed, and a detailed list of improvements is available. The property is located in Midway, AR.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Building Supply Auto Repair Shop Storage Facility Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midway
    County
    Baxter
    State
    Arkansas
    Longitude
    -92.485471
    Latitude
    36.396498

    Nearby Similar for Sale

    • $350,000
      2,314 SF

      Midway Income Property on 5.62 Acres

      Income property near Bull Shoals Lake with remodeled cabins.
      1823 Highway 178, Midway, AR 72651
      View Details
    • $169,900

      Versatile Property Midway, Arkansas

      Property with storage units, shops, and potential commercial venture.
      102 Highway 178, Midway, AR 72653
      View Details
    • $199,500
      0.61 Acres

      Midway Commercial Property Investment

      Versatile Commercial Property, High Traffic Area
      102 Highway 178, Midway, AR 72653
      View Details

    FAQs

    What type of property is this?
    Single family property - Income property on 5.62 acres near Bull Shoals Lake.
    Where is this single family property located?
    The property is located at 1823 Highway 178 Midway, AR.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Income-generating property with two fully remodeled tiny cabins and RV/mobile home hook-ups.; - Serene 5.62-acre property surrounded by nature, offering tranquil views and privacy.; - Main home and cabins feature EXTENSIVE RECENT RENOVATIONS including new windows, HVAC systems, electrical service, flooring, kitchens, and roofs.
    (870) 431-5252
    Request Owner's contact information
    1823 Highway 178 Midway, AR 72651
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    Midway, AR 72651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1823 Highway 178 Midway, AR 72651
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