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New Construction Triplex with Garages
For Sale
$615,000

410 412 414 England Street, Lonoke, AR 72086

MULTI_FAMILY - Lonoke, AR

Property Size4,418 SF
Lot Size19.80 Acres
Price / SF$139.20
Days on Market114

Property Features for 410 412 414 England Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Property condition Under Construction
Bedrooms 8
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 9, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 7, Bathroom 8, Bedroom 3, Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 6, Bathroom 2, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 6
Parking features Garage
Interior features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Breakfast Bar, Fan - Ceiling
Exterior features Fully Fenced, Guttering, Wood Fence
Fencing Full, Wood
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Ice Maker Connection, Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Ice Maker Connection
Subdivision OT Wrights
Lot features Level, Cleared
Elementary school Lonoke
Middle school Lonoke
High school Lonoke
Directions From I-40 take exit 173 for AR-89 towards Lonoke. After a mile, turn L onto W 3rd St after the cemetery. After .7 miles take a L on England Street. Building will be on your Left after the corner of 4th Street.
Standard status Active
Size 4,418 SF
Lot size 19.80 Acres

Taxes and HOA fees

Tax Description Lot 2 & S 1/2 of Lot 3, Block
Tax Annual Amount 134
Legal Description Lot 2 & S 1/2 of Lot 3, Block

Building Details

Year built 2026
Floors in Building 2
Number of units 3
Flooring type Vinyl
Roof type Shingle
Architectural style Other
Listing Agency: Fathom Realty Central
Listed By: Miekka Maile
Added: Apr 9 Changed: Jul 30 Last Checked: Jul 31 at 6:06AM
MLS# 26013818

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 all brick-and-stone new construction triplex is designed for modern, renter-ready living. The end units each feature a 3-bedroom, 2.5-bath layout, while the middle unit includes a separate office/playroom/bonus room in addition to its 2-bedroom and 2.5-bath design. Each unit provides a one-car garage that opens into the downstairs living space, with a convenient half bath on the main level.

Upstairs, the plan places the primary bedroom toward the rear with its own private bathroom and walk-in closet, along with two additional bedrooms served by a bathroom located between them. Hall laundry is included for added day-to-day convenience. The finishes include luxury vinyl throughout, supporting an efficient, low-maintenance tenant experience. Completion is estimated for the end of July, and the block already features several other multi-family new construction buildings.

With apartment-style floorplans, dedicated bedrooms, and in-unit laundry, this property can fit investors seeking a small multifamily structure or tenants looking for a newly built home with thoughtful separation of living and bedroom space. The attached garage feature also supports practical move-in needs, whether for daily convenience or resident storage and covered parking.

Key Highlights

  • Under construction new‑build triplex (2026) with all brick/stone exterior.
  • End units feature 3 bedrooms and 2.5 bathrooms each.
  • Middle unit offers 2 bedrooms and 2.5 bathrooms plus an office/playroom/bonus room.

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $61.0k $13.80
− Vacancy −$3.4k −$0.76
EGI $57.6k $13.04
− OpEx −$17.3k −$3.91
NOI $40.3k $9.13
4,418 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$576.1K
$504.1K – $672.1K (±1% cap)
NOI $40,326 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$510.1K
$446.4K – $595.1K (±1% cap)
NOI $35,708 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$899.5K
$787.1K – $1.05M (±1% cap)
NOI $62,967 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Electrical Service Real Estate Agency Plumbing Service Bakery Kitchen & Bath Showroom

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby

Demographics for 72086, AR

10,673
Population
4,983
Households
2.1
Avg Household Size
40
Median Age
12%
College-Educated
84%
High-School Grad
164.1 sq mi
ZIP Area
65
Density / Sq Mi
$59,450
Median Household Income
$41,176
Median Earnings
$945
Median Rent
$151,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - All brick-and-stone triplex with luxury vinyl finishes and functional layouts, including attached one-car garages.
Where is this triplex located?
The property is located at 410 412 414 England Street Lonoke, AR.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Under construction new‑build triplex (2026) with all brick/stone exterior.; End units feature 3 bedrooms and 2.5 bathrooms each.; Middle unit offers 2 bedrooms and 2.5 bathrooms plus an office/playroom/bonus room.
More about this property
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