16-Unit Apartment
For Sale
$1,150,000
3166 HWY 101, Gamaliel, AR 72537
MULTI-FAMILY, Gamaliel, AR
Property SizeContact for details
Lot Size3.77 Acres
Days on Market425
Property Features for 3166 HWY 101
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Window features
Single Pane Window(s), Double Pane Windows
Interior features
Carpet, Vinyl Floor, Laminate Floor, Ceiling Fan(s), Smoke Detector
Exterior features
Outbuildings
Appliances
Gas Range/Oven, Microwave, Refrigerator
Standard status
Active
APN
002-06980-000
Lot size
3.77 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
See attached for full legal.
Tax Annual Amount
5935
Legal Description
See attached for full legal.
Utilities
Sewer type
Shared Septic
Heating system
Propane (Heating), Central, Wood, Electric (Heating)
Cooling system
Electric
Water source
Well
Amenities
laundry facility
Building Details
Floors in Building
1
Additional Structures
Outbuilding
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 5:06PM
MLS# 132003
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.
The property contains 16 residential units arranged among one house, four duplexes, and seven single-unit structures. The house has a detached garage, while the property also includes a laundry facility and a separate maintenance garage. Several buildings feature newer metal roofs and remodeled interiors. All units are fully leased to long-term tenants.
Located at 3166 HWY 101 in Gamaliel, the property is 0.5 miles from 101 Marina in Howard Cove. Utility infrastructure includes electric service, a well, and shared septic. Interior features include carpet, vinyl and laminate flooring, ceiling fans, and smoke detectors. Appliances include gas ranges/ovens, microwaves, and refrigerators.
Located at 3166 HWY 101 in Gamaliel, the property is 0.5 miles from 101 Marina in Howard Cove. Utility infrastructure includes electric service, a well, and shared septic. Interior features include carpet, vinyl and laminate flooring, ceiling fans, and smoke detectors. Appliances include gas ranges/ovens, microwaves, and refrigerators.
Key Highlights
- 16 residential units fully leased to long‑term tenants
- Unit mix includes one house, four duplexes, and seven single structures
- Laundry facility and separate maintenance garage included
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased residential property with detached garages and an on-site laundry facility.
Where is this apartment building located?
The property is located at 3166 HWY 101 Gamaliel, AR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 16 residential units fully leased to long‑term tenants; Unit mix includes one house, four duplexes, and seven single structures; Laundry facility and separate maintenance garage included
