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Brick Quadplex with Four Units
For Sale
$575,000

423 E 12TH STREET, Mountain Home, AR 72653

MULTI-FAMILY, Mountain Home, AR

Property SizeContact for details
Lot Size0.26 Acres
Days on Market464

Property Features for 423 E 12TH STREET

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-1
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 3
Window features Vinyl Frames
Patio and Porch features Patio
Interior features Carpet, Vinyl Floor, Ceiling Fan(s), Smoke Detector
Appliances Elec Surface Unit, Wall Oven, Refrigerator, Wash/Dry Hookups
Lot features Level
Standard status Active
APN 007-01554-000
Lot size 0.26 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description South 100' of lots 15,16 Leonard Add & S 50' E PT
Tax Annual Amount 1089
Legal Description South 100' of lots 15,16 Leonard Add & S 50' E PT

Utilities

Heating system Electric (Heating)
Cooling system Central Air, Electric

Building Details

Floors in Building 2
Listing Agency: REMAX TWIN LAKES
Listed By: Morgan Sharp
Added: Jul 21, 2025 Changed: Oct 26 Last Checked: Oct 27 at 6:06AM
MLS# 132029

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.

Rey
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Investment Insights

Based on property information with market context.

This four-unit apartment property is constructed with brick and has been maintained with new windows, awnings, and a sprinkler system. Each apartment includes two bedrooms, one bathroom, and separate front and rear entrances. Lower units feature hardwood flooring, while additional interior details include carpet, vinyl flooring, ceiling fans, and smoke detectors. Kitchens include electric surface units, wall ovens, refrigerators, and washer/dryer hookups. Central air and electric heating support year-round comfort, and each unit includes a patio.

The property occupies 0.26 acres at 423 E 12th Street in Mountain Home, Arkansas. All four units are currently leased under year-long terms and connected to city utilities.

Key Highlights

  • Four‑unit apartment property with 2 bedrooms and 1 bathroom in each unit
  • All four units are rented under year‑long leases
  • Brick construction with new windows, awnings, and a sprinkler system

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby

Demographics for 72653, AR

28,758
Population
15,123
Households
1.9
Avg Household Size
52
Median Age
19%
College-Educated
89%
High-School Grad
220.8 sq mi
ZIP Area
130
Density / Sq Mi
$48,096
Median Household Income
$31,122
Median Earnings
$865
Median Rent
$167,100
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

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

Frequently Asked Questions

What type of property is this?
Quadplex - All four apartments are leased on year-long terms and served by city utilities.
Where is this quadplex located?
The property is located at 423 E 12TH STREET Mountain Home, AR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Four‑unit apartment property with 2 bedrooms and 1 bathroom in each unit; All four units are rented under year‑long leases; Brick construction with new windows, awnings, and a sprinkler system
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