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Nine-Unit Multifamily Property
For Sale
$750,000

3166 HWY 101, Gamaliel, AR 72537

MULTI-FAMILY, Gamaliel, AR

Property SizeContact for details
Lot Size2.21 Acres
Days on Market426

Property Features for 3166 HWY 101

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Mixed Use
Interior features Tile Floor, Laminate Floor
Appliances Elec Range/Oven, Refrigerator
Standard status Active
APN 00206982-027
Lot size 2.21 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See attached for full legal
Tax Annual Amount 3292
Legal Description See attached for full legal

Utilities

Sewer type Shared Septic
Heating system Electric (Heating)
Cooling system Electric
Water source Well

Amenities

laundry facilities

Building Details

Floors in Building 1
Listing Agency: REMAX TWIN LAKES
Listed By: Morgan Sharp
Added: Jul 10, 2025 Changed: Sep 4 Last Checked: Sep 8 at 4:06PM
MLS# 131937

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 multifamily property comprises 9 residential units across 2.21 acres, with two duplex buildings and five separate residences. The unit mix includes one- through four-bedroom layouts ranging from 308 to 1,500 square feet, with electric heating and cooling. Interior features include tile and laminate flooring, while select units have been remodeled. Several buildings also feature newer metal roofing.

The property is located at 3166 HWY 101 in Gamaliel, Arkansas, and is served by a well and shared septic system. On-site laundry facilities support the residential configuration, and appliances include electric ranges and refrigerators. The units are fully leased to long-term tenants, providing an established operating profile for a multifamily buyer.

Key Highlights

  • 9 units on 2.21 acres m/l
  • Unit sizes range from 308 to 1,500 sq ft
  • Mix includes two duplexes and five single structures

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Real Estate Agency Restaurant Hotel & Motel

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

9
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 72537, AR

828
Population
552
Households
1.5
Avg Household Size
57
Median Age
18%
College-Educated
87%
High-School Grad
28.6 sq mi
ZIP Area
29
Density / Sq Mi
$50,915
Median Household Income
$49,868
Median Earnings
$856
Median Rent
$118,800
Median Home Value

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?
Multifamily property - Income-producing residential property with varied unit sizes, on-site laundry, and a mix of duplex and detached residences.
Where is this multifamily property located?
The property is located at 3166 HWY 101 Gamaliel, AR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 9 units on 2.21 acres m/l; Unit sizes range from 308 to 1,500 sq ft; Mix includes two duplexes and five single structures
More about this property
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