Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    608 Jason Place Lincoln, AR 72744

    View on Map
    For Sale
    $310,000

    MULTI_FAMILY - Lincoln, AR

    Property size:
    2,280 SF
    Lot size:
    0.37 Acres
    Added:
    Mar 9, 2026
    Days on Market:
    30
    Last Refresh:
    Apr 7 at 7:06 pm

    Property Features for 608 Jason Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Patio and Porch features
    Patio
    Appliances
    BuiltInRange, BuiltInOven, Dishwasher, GasWaterHeater
    Standard status
    Active
    APN
    790-18476-000
    Size
    2,280 SF
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2132

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Stanley Oller

    Listing agent Stanley Oller License #SA00084080

    Listing office Twin Oaks Realty, Inc 13920 Rennic Rd, Summers, AR

    Listing date Mar 9, 2026

    MLS# 1338629

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lincoln, AR Duplex Investment

    These duplexes offer a low-maintenance investment opportunity with exteriors designed for minimal upkeep and tile flooring for ease of management. Each unit includes a detached storage building, adding value for tenants. With 100% occupancy and high demand for affordable housing, vacancy is minimal. Each unit features 3 bedrooms and 2 bathrooms, along with a washer and dryer that conveys with the property. Two duplexes are available side by side. All units are in similar condition. One unit is available for showing to minimize tenant disruption, with other units accessible during the inspection phase. Current rents are below market value, and maintenance and repairs are minimal. The property size is 2280 square feet and the lot size is 0.3697 acres. The property is located in Lincoln, AR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Lincoln
    County
    Washington
    State
    Arkansas
    Longitude
    -94.417161
    Latitude
    35.944776

    Nearby Similar for Sale

    • $200,000
      2,400 SF

      Mixed-Use Property in Lincoln, Arkansas

      Commercial/residential opportunity on 1.36 acres with shop and home.
      1208 W Holt RD, Lincoln, AR 72744
      View Details
    • $225,000
      1,200 SF

      Commercial Opportunity in Lincoln, Arkansas

      High-visibility commercial property suitable for retail, office, or service ventures.
      810 E Pridemore Drive, Lincoln, AR 72744
      View Details
    • $310,000
      2,280 SF

      Lincoln AR Duplex Investment

      Fully rented duplexes with strong occupancy and minimal maintenance.
      610 Jason Place, Lincoln, AR 72744
      View Details
    • $1,950,000
      39,876 SF

      Industrial Property in Lincoln, Arkansas

      Industrial property available for rent in Lincoln, Arkansas.
      113 W South Street, Lincoln, AR
      View Details
    • $4,550,000
      3,300 SF

      Dream Farm with Income Potential

      Well-maintained farm with multiple residences and income potential.
      14616 Highway 59, Lincoln, AR 72744
      View Details

    FAQs

    What type of property is this?
    Duplex - Two fully rented duplexes with strong occupancy and low maintenance.
    Where is this duplex located?
    The property is located at 608 Jason Place Lincoln, AR.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: Fully rented with 100% occupancy, strong demand for affordable housing.; Maintenance‑free exteriors and tile flooring for simplified ownership and management.; Each unit includes **3 bedrooms, 2 baths, washer, and dryer.**
    (479) 790-7967
    We can help!
    Listing Contact
    Stanley Oller
    Real Estate License ID: SA00084080
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!