Four-Plex Investment
For Sale
$292,000
705 N Rowland Street, Harrison, AR 72601
MULTI_FAMILY - Other - Harrison, AR
Property Size3,212 SF
Lot Size0.55 Acres
Price / SF$90.91
Days on Market170
Property Features for 705 N Rowland Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 1, Basement, Bedroom 1
Parking features
Assigned
Exterior features
GravelDriveway
Appliances
ElectricRange, ElectricWaterHeater, Refrigerator, RangeHood
Subdivision
Harrison City
Lot features
Cleared
Elementary school district
Harrison
Middle school district
Harrison
High school district
Harrison
Directions
Just North of Eagle Heights Church. GPS: 36.23766, -93.09959
Standard status
Active
APN
825-13656-000C
Size
3,212 SF
Lot size
0.55 Acres
Taxes and HOA fees
Tax Description
PT NE SW A PART OFTHE NE OF THE SW SECTION 3, TOWNSHIP 18 NORTH, RANGE 20 WEST, BOONE COUNTY, ARKANSAS, DESCRIBED AS FOLLOWS: FROM THE SW CORNER OF THE NE 1/4 OF THE SW GO N 00?27'31" E 111.00 FEET TO THE POINT OF BEGINNING OF TRACT BEGIN DESCRIBED, THEN
Tax Annual Amount
1057
Legal Description
PT NE SW A PART OFTHE NE OF THE SW SECTION 3, TOWNSHIP 18 NORTH, RANGE 20 WEST, BOONE COUNTY, ARKANSAS, DESCRIBED AS FOLLOWS: FROM THE SW CORNER OF THE NE 1/4 OF THE SW GO N 00?27'31" E 111.00 FEET TO THE POINT OF BEGINNING OF TRACT BEGIN DESCRIBED, THEN
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Public
Building Details
Floors in Building
2
Number of units
4
Flooring type
Laminate, Wood, Carpet, Tile
Building materials
Rock, WoodSiding
Roof type
Metal
Architectural style
Other
Listing Agency:
Roger Turner Realty, Inc.
(870) 741-3833
Listed By:
Melissa Leal · License #EB00053381
(870) 741-4755
Added: Mar 3
Changed: Aug 12
Last Checked: Aug 20 at 4:06AM
MLS# 1338289
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.
Investment Insights
Based on property information with market context.
This fully occupied four-plex offers a mix of tenants and lease structures, including one 2-bedroom unit and three 1-bedroom units. Each unit has a living room and kitchen on the main level, with a bathroom upstairs and washer/dryer connections. The lease mix includes one new 12-month lease, one HUD-supported lease, and two long-term tenants currently month-to-month. Rental increases effective April 2026 are scheduled for additional upward adjustments to income.
The property sits on a 0.55-acre lot and totals 3,212 square feet. Construction materials include rock and wood siding, and the roof is metal. Interiors feature flooring such as carpet, laminate, tile, and wood, with baseboard heat and window unit cooling. Appliances include electric range, electric water heater, refrigerator, and range hood. A gravel driveway and assigned parking provide practical day-to-day access.
Services are supported by public water and public sewer. The building’s configuration and current occupancy create a straightforward rental housing option in Harrison.
The property sits on a 0.55-acre lot and totals 3,212 square feet. Construction materials include rock and wood siding, and the roof is metal. Interiors feature flooring such as carpet, laminate, tile, and wood, with baseboard heat and window unit cooling. Appliances include electric range, electric water heater, refrigerator, and range hood. A gravel driveway and assigned parking provide practical day-to-day access.
Services are supported by public water and public sewer. The building’s configuration and current occupancy create a straightforward rental housing option in Harrison.
Key Highlights
- One 2‑bedroom unit plus three 1‑bedroom units
- Fully occupied four‑plex with lease mix: one new 12‑month lease, one HUD‑supported lease, two month‑to‑month tenants
- Rental increases effective April 2026
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 72601, AR
30,483
Population
13,790
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
365.6 sq mi
ZIP Area
83
Density / Sq Mi
$54,059
Median Household Income
$34,958
Median Earnings
$719
Median Rent
$176,500
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?
Quadplex - Fully occupied four-plex in Harrison with public water and sewer, metal roof, and one new 12-month lease plus HUD-supported tenancy.
Where is this quadplex located?
The property is located at 705 N Rowland Street Harrison, AR.
What is the asking price?
The asking price for this property is $292,000.
What are key features of this property?
This property features: One 2‑bedroom unit plus three 1‑bedroom units; Fully occupied four‑plex with lease mix: one new 12‑month lease, one HUD‑supported lease, two month‑to‑month tenants; Rental increases effective April 2026
