Side-by-Side
For Sale
$310,000
608 Jason Place, Lincoln, AR 72744
Residential, Lincoln, AR
Property Size2,280 SF
Lot Size0.37 Acres
Price / SF$135.96
Days on Market216
Property Features for 608 Jason Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Patio
Appliances
BuiltInRange, BuiltInOven, Dishwasher, GasWaterHeater
Subdivision
Harvey Add
Lot features
Cleared
Directions
From 62 in Lincoln, south om Lincoln ave, East on Adams, North on Jason st, prop on right.
Standard status
Active
APN
790-18476-000
Size
2,280 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Annual Amount
2132
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
washer/dryer in unit
detached storage building
Building Details
Year built
2005
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Twin Oaks Realty, Inc
(479) 824-4434
Listed By:
Stanley Oller · License #SA00084080
(479) 790-7967
Added: Mar 9
Changed: Sep 4
Last Checked: Oct 10 at 1:06PM
MLS# 1338629
Copyright © 2026 ArkansasONE MLS. 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 duplex property includes two adjacent buildings with four total units. Each unit offers three bedrooms and two bathrooms, along with tile flooring, central heating and cooling, a patio, and a washer and dryer. Built in 2005, the buildings feature metal siding and metal roofs, while detached storage is provided for each unit. Kitchens include built-in ranges, built-in ovens, dishwashers, and gas water heaters.
The property occupies 0.3697 acres at 608 Jason Place in Lincoln, Arkansas. All units are currently rented, with reported occupancy of 100%. The listed property size is 2,280 square feet, and the property is located in Washington County, within ZIP code 72744.
The property occupies 0.3697 acres at 608 Jason Place in Lincoln, Arkansas. All units are currently rented, with reported occupancy of 100%. The listed property size is 2,280 square feet, and the property is located in Washington County, within ZIP code 72744.
Key Highlights
- Two side‑by‑side duplexes with four total units
- All units offer 3 bedrooms and 2 bathrooms
- 100% occupancy with all units currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,518
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,360
$410.4K
Cap Rate 7%
$293,114
$293.1K
Cap Rate 9%
$227,978
$228.0K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$31.5K $13.80/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$29.3K $12.86/SF
− OpEx
−$8.8K −$3.86/SF
NOI
$20.5K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,360
Cap Rate 7%
$293,114
Cap Rate 9%
$227,978
Alternative Uses
Best Use
Multifamily LT 5
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$259.3K
$226.9K – $302.6K
NOI $18,154 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$612.0K
$535.5K – $714.0K
NOI $42,839 @ 7.0% cap · market cap 13.82%
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
164
Businesses Nearby
Explore this area
Business Placement
Demographics for 72744, AR
5,227
Population
2,196
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
88%
High-School Grad
79.0 sq mi
ZIP Area
66
Density / Sq Mi
$63,077
Median Household Income
$41,667
Median Earnings
$1,093
Median Rent
$168,100
Median Home Value
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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?
Duplex - Four three-bedroom units feature tile flooring, central systems, laundry appliances, and detached storage for each unit.
Where is this duplex located?
The property is located at 608 Jason Place Lincoln, AR.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two side‑by‑side duplexes with four total units; All units offer 3 bedrooms and 2 bathrooms; 100% occupancy with all units currently rented
