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Fully Rented Triplex
For Sale
$220,000

1526 Hwy 65 N, Damascus, AR 72039

MULTI_FAMILY - Damascus, AR

Property Size5,000 SF
Lot Size1.00 Acre
Price / SF$44
Days on Market113

Property Features for 1526 Hwy 65 N

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Carport
Appliances Free-Standing Stove, Microwave, Free-Standing Stove, Microwave
Subdivision Metes & Bounds
Lot features Level
Directions From the Y at Hwy 65 and Hwy 25 on the North side of Greenbrier, Travel North on Hwy 65 approximately 4.75 miles to location on the right.
Standard status Active
Size 5,000 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description To be provided
Tax Annual Amount 2909
Legal Description To be provided

Utilities

Utilities Propane

Building Details

Year built 2005
Floors in Building 1
Number of units 3
Flooring type Carpet - Partial, Concrete, Vinyl, Tile
Roof type Metal
Listing Agency: Brick Real Estate
Listed By: James Lacy · License #SA00091332
Added: Apr 10 Changed: Jul 31 Last Checked: Jul 31 at 3:06PM
MLS# 26014167

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 fully rented triplex provides 5,000 square feet of residential income space and is being offered for sale due to the owner retiring. Built in 2005, the property features a metal roof and includes a carport for parking. Interior finishes include carpet (partial), concrete, vinyl, and tile floors, and the unit appliances listed are free-standing stoves and microwaves. Utilities are provided via propane.

The property address is 1526 Hwy 65 N, Damascus, AR 72039 in Faulkner County. The listing notes that a billboard is not included with the sale.

Key Highlights

  • Fully rented triplex with 5,000 SF of residential income space
  • Built in 2005 with metal roof
  • Propane utilities

Property Analytics

Current Use

Hwy 65 Apts. Apartment Building

Suggested Use

Top Pick Electrical Service Auto Repair Shop Catering Service Pharmacy Veterinary Clinic Nail Salon

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 72039, AR

2,254
Population
944
Households
2.4
Avg Household Size
40
Median Age
16%
College-Educated
89%
High-School Grad
61.1 sq mi
ZIP Area
37
Density / Sq Mi
$59,018
Median Household Income
$37,792
Median Earnings
$974
Median Rent
$147,200
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 - Fully rented triplex with a carport and propane service, built in 2005, offered for sale.
Where is this triplex located?
The property is located at 1526 Hwy 65 N Damascus, AR.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Fully rented triplex with 5,000 SF of residential income space; Built in 2005 with metal roof; Propane utilities
More about this property
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