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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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705 N Rowland St , Harrison, AR 72601
$292,000
Est. Payment: $1,505.36/mo
6 Bed
3 Bath
3212 Sqft
Status: Active | Days on site: 162
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Tara Limbird
Principal Broker | Operator

House Description

Fully occupied four-plex investment opportunity in Harrison with stable rental history and recent rent adjustments moving units closer to market levels. The property consists of one 2-bedroom unit and three 1-bedroom units, each with living room and kitchen on the main level and bathroom upstairs with washer/dryer connections. The lease structure includes one new 12-month lease, one HUD-supported lease, and two long-term tenants currently month-to-month, offering a balance of income stability and flexibility for future rent adjustments. Rental increases effective April 2026 bring the total monthly income to approximately $2,245. Located within the city limits of Harrison with convenient access to local employers, shopping, medical facilities, and schools. This property offers investors the opportunity for steady rental income with potential for future growth in a market where multifamily opportunities are limited.

Highlights

Listed by Melissa Leal , 870-741-4755 Roger Turner Realty, Inc. , 870-741-3833. Arkansas Regional MLS, LLC

Property Type

Multi-Family

Lot/Acreage
0.55

County

Boone

Neighborhood

Harrison City

School District

Harrison

Listing ID

1338289

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:
Appliances:Electric Range, Electric Water Heater, Refrigerator, Range Hood
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet,Laminate,Tile,Wood
Basement:Full,Finished,Walk-Out Access
Water:Public

Exterior Features

Lot:Cleared
Roof:Metal
Others:
  • Additional:Gravel Driveway
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$1,505
Taxes
$88

Home Price

$292,000

Loan Details

30 yrs
6.687%

Down Payment

20%
$58,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,505.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,505.36 $88.08 $0.00 $1,593.44
Yearly $18,064.27 $1,057.00 $0.00 $19,121.27
Total $541,927.99 $31,710.00 $0.00 $573,637.99

Today's Rates

30 Year

6.69%

20 Year

6.61%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Harrison, AR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Arkansas Regional MLS, LLC, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-04T22:11:20.000Z

© 2026 Arkansas Regional MLS, LLC