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Fully Leased Multi-Family Property
For Sale
$750,000

3166 HWY 101, Gamaliel, AR 72537

MULTI_FAMILY - Gamaliel, AR

Lot Size2.21 Acres
Days on Market387

Property Features for 3166 HWY 101

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Mixed Use
Interior features Tile Floor, Laminate Floor
Appliances Elec Range/Oven, Refrigerator
Standard status Active
APN 00206982-027
Lot size 2.21 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See attached for full legal
Tax Annual Amount 3292
Legal Description See attached for full legal

Utilities

Sewer type Shared Septic
Heating system Electric (Heating)
Cooling system Electric
Water source Well

Amenities

laundry facilities

Building Details

Floors in Building 1
Listing Agency: REMAX TWIN LAKES
Listed By: Morgan Sharp
Added: Jul 10, 2025 Changed: Jul 31 Last Checked: Jul 31 at 5:06PM
MLS# 131937

Copyright © 2026 North Central Board of Realtors. 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.

Twin Gables #1 is a fully leased multi-family property with long-term tenants, offering nine units on 2.21 acres m/l. The layout includes two duplexes and five single structures, with unit sizes ranging from compact 1-bedroom configurations to larger multi-bedroom units.

The property is all-electric, with on-site well water and shared septic service (shared septic). Heating and cooling are electric. Several buildings have new metal roofs, and some units have been remodeled. Laundry facilities are available on site for tenant convenience.

Interior finishes include tile floors and laminate floors. Kitchen appliances listed for the property include an electric range/oven and refrigerator.

Key Highlights

  • Nine units on 2.21 acres m/l, fully leased with long‑term tenants
  • Two duplexes plus five single structures
  • All‑electric property with well water and shared septic

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Real Estate Agency Restaurant Hotel & Motel

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

9
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 72537, AR

828
Population
552
Households
1.5
Avg Household Size
57
Median Age
18%
College-Educated
87%
High-School Grad
28.6 sq mi
ZIP Area
29
Density / Sq Mi
$50,915
Median Household Income
$49,868
Median Earnings
$856
Median Rent
$118,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine-unit multi-family with on-site laundry, all-electric utilities, and well-and-shared septic systems.
Where is this apartment building located?
The property is located at 3166 HWY 101 Gamaliel, AR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Nine units on 2.21 acres m/l, fully leased with long‑term tenants; Two duplexes plus five single structures; All‑electric property with well water and shared septic
More about this property
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