Fully Occupied Duplex
For Sale
$310,000
610 Jason Place, Lincoln, AR 72744
Residential, Lincoln, AR
Property Size2,280 SF
Lot Size0.39 Acres
Price / SF$135.96
Days on Market213
Property Features for 610 Jason Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Patio
Appliances
Dishwasher, GasWaterHeater
Subdivision
Harvey Add
Lot features
Cleared
Directions
From hwy 62 in Lincoln, South on Lincoln Ave, east on Adams, north on Jason, property on the right
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
Amenities
detached storage building
washer/dryer
Building Details
Year built
2004
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 7 at 8:06PM
MLS# 1338625
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 side-by-side buildings with four total units, each configured with 3 bedrooms and 2 bathrooms. The units include tile flooring, metal siding, metal roofs, central heating and central air. Each unit also has a washer and dryer, dishwasher, gas water heater, patio, and a detached storage building. The property was built in 2004 and measures 2,280 square feet on 0.3855 acres.
Located in Lincoln, Arkansas, the property is fully occupied at 100%. All units are described as being in similar condition, and one unit is available for showing while the remaining units may be viewed during the inspection period.
Located in Lincoln, Arkansas, the property is fully occupied at 100%. All units are described as being in similar condition, and one unit is available for showing while the remaining units may be viewed during the inspection period.
Key Highlights
- Four total units, each with 3 bedrooms and 2 bathrooms
- 100% occupancy across the property
- 2,280 square feet on 0.3855 acres
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 - Two side-by-side duplexes feature three-bedroom units with private storage and in-unit laundry.
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: Four total units, each with 3 bedrooms and 2 bathrooms; 100% occupancy across the property; 2,280 square feet on 0.3855 acres
