Fully Occupied Four-Plex Investment
For Sale
$319,700
705 N Rowland Street, Harrison, AR 72601
MULTI_FAMILY - Harrison, AR
Property Size803 SF
Lot Size0.55 Acres
Price / SF$398.13
Days on Market170
Property Features for 705 N Rowland Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Appliances
Gas Range, Gas Range
Subdivision
Eagle
Lot features
Sloped
Directions
Just North of Eagle Heights Church. GPS: 36.23766, -93.09959
Standard status
Active
Size
803 SF
Lot size
0.55 Acres
Taxes and HOA fees
Tax Description
SW Sec 3, T 18N, R20 W
Tax Annual Amount
1057
Legal Description
SW Sec 3, T 18N, R20 W
Building Details
Year built
1983
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Wood, Carpet - Partial, Tile
Listing Agency:
Roger Turner Realty, Inc.
(870) 741-3833
Listed By:
Roger Turner · License #PB00007168
(870) 365-7979
Added: Mar 3
Changed: Aug 4
Last Checked: Aug 20 at 11:06AM
MLS# 26008697
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.
Fully occupied four-plex at 705 N Rowland Street in Harrison, AR, built in 1983 on a 0.55-acre lot. The property includes one 2-bedroom unit and three 1-bedroom units. In each unit, the living room and kitchen are on the main level, with the bathroom located upstairs and washer/dryer connections included.
The lease structure combines multiple tenancy profiles: one new 12-month lease, one HUD-supported lease, and two long-term tenants currently month-to-month. Rental increases effective April 2026 are in place to move rental levels closer to market.
The four-plex provides a straightforward residential income mix with unit layouts designed for everyday convenience. Flooring includes wood, tile, vinyl, and partial carpet, and each unit lists a gas range among the appliances. Current configuration supports both income stability and flexibility for future rent adjustments.
The lease structure combines multiple tenancy profiles: one new 12-month lease, one HUD-supported lease, and two long-term tenants currently month-to-month. Rental increases effective April 2026 are in place to move rental levels closer to market.
The four-plex provides a straightforward residential income mix with unit layouts designed for everyday convenience. Flooring includes wood, tile, vinyl, and partial carpet, and each unit lists a gas range among the appliances. Current configuration supports both income stability and flexibility for future rent adjustments.
Key Highlights
- One 2‑bedroom unit and three 1‑bedroom units
- Lease structure includes one new 12‑month lease, one HUD‑supported lease, and two month‑to‑month tenants
- Rental increases effective April 2026
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 72601, AR
30,483
Population
13,790
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
365.6 sq mi
ZIP Area
83
Density / Sq Mi
$54,059
Median Household Income
$34,958
Median Earnings
$719
Median Rent
$176,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-plex with one two-bedroom and three one-bedroom units, including washer/dryer connections, in Harrison city limits.
Where is this quadplex located?
The property is located at 705 N Rowland Street Harrison, AR.
What is the asking price?
The asking price for this property is $319,700.
What are key features of this property?
This property features: One 2‑bedroom unit and three 1‑bedroom units; Lease structure includes one new 12‑month lease, one HUD‑supported lease, and two month‑to‑month tenants; Rental increases effective April 2026
