Lincoln, AR Duplex
610 Jason Place Lincoln, AR 72744
MULTI_FAMILY - Lincoln, AR
Property size:
2,280 SFLot size:
0.39 AcresPrice / SF:
$135/SF- Added:
- Mar 9, 2026
- Days on Market:
- 124
- Last Refresh:
- Jul 10 at 3:06 pm
Property Features for 610 Jason Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Patio
- Appliances
- Dishwasher, GasWaterHeater
- Standard status
- Active
- APN
- 790-18479-000
- Size
- 2,280 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2093
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- MetalSiding
- Roof type
- Metal
Listing agent Stanley Oller License #SA00084080 (479) 790-7967
Listing office Twin Oaks Realty, Inc 13920 Rennic Rd, Summers, AR (479) 824-4434
Listing date Mar 9, 2026
MLS# 1338625
Listing URL
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.
These duplexes offer a low-maintenance investment opportunity with tile flooring and durable exteriors. Each unit features 3 bedrooms and 2 bathrooms, along with a washer and dryer that conveys with the property. A detached storage building for each unit provides additional tenant value. The property is currently 100% occupied, reflecting a strong demand for affordable housing in the area. Two duplexes are available side by side. The total property size is 2280 square feet, situated on a 0.3855-acre lot. The property is located in Lincoln, AR. While current rents are below market value, maintenance and repairs are minimal. One unit is available for showing, with others accessible during the inspection phase.
Key Highlights
- Fully rented with 100% occupancy, ensuring immediate income.
- Maintenance‑free exteriors and tile flooring simplify ownership.
- Each unit includes 3 bedrooms, 2 baths, and a washer/dryer.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.5k | $13.80 |
| − Vacancy | −$2.2k | −$0.94 |
| EGI | $29.3k | $12.86 |
| − OpEx | −$8.8k | −$3.86 |
| NOI | $20.5k | $9.00 |
2,280 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two fully rented duplexes with strong occupancy and low maintenance.
Where is this duplex located?
The property is located at 610 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: Fully rented with **100% occupancy**, ensuring immediate income.; Maintenance‑free exteriors and **tile flooring simplify ownership**.; Each unit includes 3 bedrooms, 2 baths, and a washer/dryer.
