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Four-Unit Quadplex with Mixed Unit Types
For Sale
$292,000

705 N Rowland Street, Harrison, AR 72601

Residential, Harrison, AR

Property Size3,212 SF
Lot Size0.55 Acres
Price / SF$90.91
Days on Market215

Property Features for 705 N Rowland Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 6, Bathroom 1, Basement, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 3
Parking features Assigned
Exterior features GravelDriveway
Appliances ElectricRange, ElectricWaterHeater, Refrigerator, RangeHood
Subdivision Harrison City
Lot features Cleared
Elementary school district Harrison
Middle school district Harrison
High school district Harrison
Directions Just North of Eagle Heights Church. GPS: 36.23766, -93.09959
Standard status Active
APN 825-13656-000C
Size 3,212 SF
Lot size 0.55 Acres

Taxes and HOA fees

Tax Description PT NE SW A PART OFTHE NE OF THE SW SECTION 3, TOWNSHIP 18 NORTH, RANGE 20 WEST, BOONE COUNTY, ARKANSAS, DESCRIBED AS FOLLOWS: FROM THE SW CORNER OF THE NE 1/4 OF THE SW GO N 00?27'31" E 111.00 FEET TO THE POINT OF BEGINNING OF TRACT BEGIN DESCRIBED, THEN
Tax Annual Amount 1057
Legal Description PT NE SW A PART OFTHE NE OF THE SW SECTION 3, TOWNSHIP 18 NORTH, RANGE 20 WEST, BOONE COUNTY, ARKANSAS, DESCRIBED AS FOLLOWS: FROM THE SW CORNER OF THE NE 1/4 OF THE SW GO N 00?27'31" E 111.00 FEET TO THE POINT OF BEGINNING OF TRACT BEGIN DESCRIBED, THEN

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Window Unit(s)
Water source Public

Amenities

washer/dryer connections

Building Details

Floors in Building 2
Number of units 4
Flooring type Wood, Tile, Laminate, Carpet
Building materials Rock, WoodSiding
Roof type Metal
Architectural style Other
Listing Agency: Roger Turner Realty, Inc.
Listed By: Melissa Leal · License #EB00053381
Added: Mar 3 Changed: Sep 16 Last Checked: Oct 4 at 9:06PM
MLS# 1338289

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 3,212-square-foot quadplex contains four residential units on a 0.55-acre parcel. The mix includes one two-bedroom unit and three one-bedroom units. Each residence provides a living room and kitchen on the main level, a bathroom upstairs, and washer/dryer connections. Interior finishes include wood, carpet, laminate, and tile flooring, while heating is provided by baseboard systems and cooling by window units. The building features rock and wood siding, a metal roof, a gravel driveway, and assigned parking.

The property is fully occupied and includes one new 12-month lease, one HUD-supported lease, and two long-term month-to-month tenancies. Electric ranges, refrigerators, range hoods, and electric water heaters serve the units. Public water and public sewer are in place, providing established utility connections for the residential configuration.

Key Highlights

  • Four‑unit configuration with one 2‑bedroom residence and three 1‑bedroom residences
  • 3,212 square feet on a 0.55‑acre parcel
  • Fully occupied with one new 12‑month lease, one HUD‑supported lease, and two month‑to‑month tenancies

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Fully occupied quadplex with varied floor plans, individual laundry connections, assigned parking, and public utilities.
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 $292,000.
What are key features of this property?
This property features: Four‑unit configuration with one 2‑bedroom residence and three 1‑bedroom residences; 3,212 square feet on a 0.55‑acre parcel; Fully occupied with one new 12‑month lease, one HUD‑supported lease, and two month‑to‑month tenancies
More about this property
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