705 N Rowland Street, Harrison, AR 72601

$319,700
3,212
SqFt

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List Price
$319,700
Status
ACTIVE
MLS#
ARKMLS-1338289
Sq. Ft
3,212
Acres
0.55
Subdivision
Harrison City

Property 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.

Additional Information

Taxes
$1,057
Style
Split Level
Roof
Metal
Appliances
Electric Range, Electric Water Heater, Refrigerator, Range Hood
Fencing
Chain Link, Partial
Foundation
Block, Slab
Basement
Full, Finished, Walk-Out Access
Levels
Two, Multi/Split
School District
Harrison
Heating
Baseboard
Cooling
Window Unit(s)

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Calculator source: Real Geeks

Listing courtesy of Roger Turner Realty, Inc.. missyleal@gmail.com