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Occupied Four-Unit Quadplex
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 Market215

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 Wood, Tile, Vinyl, Carpet - Partial
Listing Agency: Roger Turner Realty, Inc.
Listed By: Roger Turner · License #PB00007168
Added: Mar 3 Changed: Sep 23 Last Checked: Oct 4 at 8:06PM
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.

This 1983 quadplex contains one 2-bedroom unit and three 1-bedroom units. Each residence includes a living room and kitchen on the main level, with a bathroom upstairs and washer/dryer connections. The property has wood, vinyl, tile, and partial carpet flooring, along with gas ranges. Its reported property size is 803 square feet on 0.55 acres.

The building is within the city limits of Harrison, Arkansas, with access to local employers, shopping, medical facilities, and schools. The occupancy profile includes one new 12-month lease, one HUD-supported lease, and two long-term tenants on month-to-month arrangements.

Key Highlights

  • Four‑unit configuration with 1 two‑bedroom unit and 3 one‑bedroom units
  • Fully occupied with one new 12‑month lease, one HUD‑supported lease, and two month‑to‑month tenants
  • Each unit includes a living room, kitchen, upstairs bathroom, and washer/dryer connections

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,089
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Unit mix includes one two-bedroom residence and three one-bedroom residences.
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: Four‑unit configuration with 1 two‑bedroom unit and 3 one‑bedroom units; Fully occupied with one new 12‑month lease, one HUD‑supported lease, and two month‑to‑month tenants; Each unit includes a living room, kitchen, upstairs bathroom, and washer/dryer connections
More about this property
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