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Two-Home Multifamily Property

485 & 497 CR 176, Mountain Home, AR 72653

For Sale
$375,000

MULTI-FAMILY, Mountain Home, AR

Property SizeContact for details
Lot Size6.98 Acres
Days on Market97

Property Features for 485 & 497 CR 176

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-1
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 2
Window features Vinyl Frames, Double Pane Windows
Patio and Porch features Porch
Interior features Carpet, Laminate Floor, Ceiling Fan(s), Vaulted Ceiling(s), Smoke Detector, Split Bedroom Plan, Walk In Closet, Open Floor Plan
Exterior features Gutters, Outbuildings
Fireplace 1
Appliances Dishwasher, Garbage Disposal, Elec Range/Oven, Microwave, Refrigerator, Washer, Dryer, Wash/Dry Hookups
Lot features County Rd Frontage
Standard status Active
APN 001-06301-000
Lot size 6.98 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description S10-T20-R13 6.98 AC M/L
Tax Annual Amount 736
Legal Description S10-T20-R13 6.98 AC M/L

Utilities

Heating system Electric (Heating), Heat Pump (Heating), Central
Cooling system Electric, Central Air
Water source Private

Building Details

Floors in Building 1
Additional Structures Outbuilding
Buildings 2
Listing Agency: SOUTHERN BREEZE REAL ESTATE
Listed By: Kim Koenen
Added: Aug 10 Changed: Nov 13 Last Checked: Nov 14 at 2:06AM
MLS# 134923

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 multifamily property comprises two separate residences on 6.98 acres in Mountain Home. The primary home offers three bedrooms, two bathrooms, a partial basement, workshop, and screened porch. Its interior includes an open floor plan, vaulted ceilings, split-bedroom layout, walk-in closet, ceiling fans, and a mix of carpet and laminate flooring. A fireplace, central heating and cooling, and electric service are also present.

The second residence is a four-bedroom, two-bath manufactured home installed on a permanent foundation. Recent property improvements include a new private well and a roof that is less than one year old. Outbuildings, gutters, appliances, and laundry equipment are included. The property is located near Lake Norfork and Pigeon Creek, with access to boating, fishing, and other outdoor recreation.

Key Highlights

  • Two residences situated on 6.98 acres
  • Primary home includes 3 bedrooms, 2 bathrooms, partial basement, workshop, and screened porch
  • Guest residence is a 4‑bedroom, 2‑bath manufactured home on a permanent foundation

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2
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

Average Price Trend$/SF for Multifamily properties in Mountain Home, AR

$127 Jul
$128 Aug
$141 Sep
$123 Oct

Properties on Market for Multifamily properties in Mountain Home

Jul
Aug
Sep
Oct

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 - Includes a manufactured guest residence on a permanent foundation.
Where is this multifamily property located?
The property is located at 485 & 497 CR 176 Mountain Home, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two residences situated on 6.98 acres; Primary home includes 3 bedrooms, 2 bathrooms, partial basement, workshop, and screened porch; Guest residence is a 4‑bedroom, 2‑bath manufactured home on a permanent foundation
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