Four-Unit Multifamily
New
For Sale
$289,900
205 Lincoln Street, Earle, AR 72331
Multi-Family, Ranch, Earle, AR
Property Size2,646 SF
Lot Size0.37 Acres
Price / SF$109.56
Days on Market3
Property Features for 205 Lincoln Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Interior features
Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Smoke Detector
Exterior features
Outside Storage Area
Appliances
Free-Standing Stove, Refrigerator-Stays, Free-Standing Stove, Refrigerator-Stays
Subdivision
Rhodes
Lot features
Level
Elementary school
EARLE
Middle school
EARLE
High school
EARLE
Directions
Starting on Second St, R on Park St, L onto Arkansas St, R onto Lincoln, property ahead on your R.
Standard status
Active
APN
210686000000
Size
2,646 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Plat Deed Bk N-4 Pg 19
Tax Annual Amount
1659
Legal Description
Plat Deed Bk N-4 Pg 19
Amenities
storage spaces
Building Details
Year built
1999
Floors in Building
1
Number of units
4
Flooring type
Laminate
Roof type
Shingle
Architectural style
Ranch
Additional Structures
Storage
Listing Agency:
Compass Rose Realty
(870) 336-1008
Listed By:
Raychel Day
(901) 619-7027
Added: Oct 8
Last Checked: Oct 10 at 11:06AM
MLS# 26040885
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 2,646-square-foot multifamily property contains four residences: two with four bedrooms and two with three. Built in 1999 on a 0.37-acre parcel, the property is fully occupied and includes four storage spaces. Each residence is separately metered, with tenants responsible for utilities.
Improvements include newer roofs and gas hot water heaters, appliances, window air-conditioning units, and light interior cosmetic updates. Interior features include washer and electric dryer connections, laminate flooring, and smoke detectors.
Improvements include newer roofs and gas hot water heaters, appliances, window air-conditioning units, and light interior cosmetic updates. Interior features include washer and electric dryer connections, laminate flooring, and smoke detectors.
Key Highlights
- Four residences: two 4‑bedroom units and two 3‑bedroom units
- 2,646 square feet on a 0.37‑acre parcel
- All four units are separately metered; tenants pay utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,555
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,100
$271.1K
Cap Rate 7%
$193,643
$193.6K
Cap Rate 9%
$150,611
$150.6K
Market Conditions
NOI Build-Up for 2,646 SF
Gross rent
$27.9K $10.56/SF
− Vacancy
−$3.3K −$1.25/SF
EGI
$24.6K $9.31/SF
− OpEx
−$11.1K −$4.19/SF
NOI
$13.6K $5.12/SF
Area
Crittenden County, AR
Vacancy
11.80%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,100
Cap Rate 7%
$193,643
Cap Rate 9%
$150,611
Alternative Uses
Best Use
Apartment 5plus
$193.6K
$169.4K – $225.9K
NOI $13,555 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.9K
$423.4K – $564.6K
NOI $33,873 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 72331, AR
2,409
Population
1,175
Households
2.1
Avg Household Size
40
Median Age
11%
College-Educated
71%
High-School Grad
149.3 sq mi
ZIP Area
16
Density / Sq Mi
$42,917
Median Household Income
$26,607
Median Earnings
$605
Median Rent
$72,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Separate utility metering assigns service costs to the residents.
Where is this multifamily property located?
The property is located at 205 Lincoln Street Earle, AR.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Four residences: two 4‑bedroom units and two 3‑bedroom units; 2,646 square feet on a 0.37‑acre parcel; All four units are separately metered; tenants pay utilities
