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Four-Unit Multifamily Property

216 N Roosevelt Street, Haskell, AR 72015

For Sale
$632,000

Multi-Family, Traditional, Haskell, AR

Property Size4,560 SF
Lot Size0.41 Acres
Price / SF$138.60
Days on Market73

Property Features for 216 N Roosevelt Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 6, Bathroom 5, Bathroom 1, Bedroom 4, Bedroom 10, Bedroom 12, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 9, Bathroom 7, Bedroom 6, Bedroom 5, Bedroom 7, Bedroom 1, Bathroom 8, Bathroom 2, Bedroom 2, Bedroom 11, Bedroom 8
Patio and Porch features Porch, Patio
Interior features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Fan - Ceiling, Window Treatments
Exterior features Patio, Covered, Porch
Appliances Dishwasher, Disposal, Electric Range, Free-Standing Stove, Microwave, Pantry, Refrigerator-Stays, Dishwasher, Disposal, Electric Range, Free-Standing Stove, Microwave, Pantry, Refrigerator-Stays
Subdivision Metes & Bounds
Lot features Level
Elementary school Harmony Grove
Middle school Harmony Grove
High school Harmony Grove
Directions From Little Rock, take 30 W to Exit 114 Haskell. Turn E towards town. When the road Ys, turn L onto AR-229. A mile and a half down, i past the school, Grand is on your Left. Turn onto Grand and Roosevelt will be to your right.
Standard status Active
Size 4,560 SF
Lot size 0.41 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description Parcel 860-04964-000
Tax Annual Amount 5474
Legal Description Parcel 860-04964-000

Building Details

Year built 2020
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet - Partial
Roof type Shingle
Architectural style Other
Buildings 2
Listing Agency: Fathom Realty Central
Listed By: Miekka Maile
Added: Sep 3 Changed: Nov 13 Last Checked: Nov 14 at 9:06PM
MLS# 26045669

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.

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Investment Insights

Based on property information with market context.

Two brick duplex buildings provide a combined 4,560 square feet of residential space on a 0.41-acre parcel. Built in 2020, they feature two-level layouts, with living space, a half bath and laundry connections downstairs; bedrooms and a full bath are upstairs. Covered porch and patio areas are also present, along with dishwashers, ranges, microwaves and refrigerators.

The property is in Haskell, approximately 4 miles from the Buc-ee’s development area. Both duplexes are fully rented, and tenants pay utilities except for trash.

Key Highlights

  • Two duplex buildings contain 4,560 square feet on 0.41 acres
  • Built in 2020
  • Fully rented; tenants pay utilities except trash

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,282
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,640 $785.6K
Cap Rate 7%
$561,171 $561.2K
Cap Rate 9%
$436,467 $436.5K
Market Conditions
NOI Build-Up for 4,560 SF
Gross rent
$76.1K $16.68/SF
− Vacancy
−$4.6K −$1.02/SF
EGI
$71.4K $15.66/SF
− OpEx
−$32.1K −$7.05/SF
NOI
$39.3K $8.61/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,640
Cap Rate 7%
$561,171
Cap Rate 9%
$436,467

Alternative Uses

Best Use
Apartment 5plus
$561.2K
$491.0K – $654.7K (±1% cap)
NOI $39,282 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$995.1K
$870.7K – $1.16M (±1% cap)
NOI $69,658 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 72015, AR

28,597
Population
12,148
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
92%
High-School Grad
85.0 sq mi
ZIP Area
336
Density / Sq Mi
$64,550
Median Household Income
$44,219
Median Earnings
$1,013
Median Rent
$169,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two brick duplex buildings completed in 2020 are fully rented, with tenants paying utilities other than trash.
Where is this multifamily property located?
The property is located at 216 N Roosevelt Street Haskell, AR.
What is the asking price?
The asking price for this property is $632,000.
What are key features of this property?
This property features: Two duplex buildings contain 4,560 square feet on 0.41 acres; Built in 2020; Fully rented; tenants pay utilities except trash
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