Twin Gables #2 offers 7 units on 1.56 acres m/l and is fully leased out with long term tenants. Located in Gamaliel this opportunity is immediately income producing. This property includes one house with detached garage, two duplexes, and two single structures and a maintenance garage. Unit 1: 3 bedroom, 2 bath - 1800 sq ft, 40 x 30 detached garage, Unit 2: 2 bedroom, 2 bath - 1100 sq ft, Unit 3: 1 bedroom, 1 bath - 750 sq ft, Unit 4: 1 bedroom, 1 bath - 750 sq ft, Unit 5: 2 bedroom, 1 bath - 900 sq ft, Unit 6: 1 bedroom, 1 bath - 750 sq ft, Unit 7: 1 bedroom, 1 bath - 750 sq ft. Maintenance garage: 30' x 25'. All electric with well & septic.
For sale
$500,000
166 County Road 806, Gamaliel, AR 72537
--beds
--baths
--sqft
Multi Family, Duplex, Home with Rental Unit
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two single structuresMaintenance garageTwo duplexes
- 419 days
- 82
- 3
Zillow last checked:
Listing updated:
Listed by:
Morgan Sharp 870-404-3121,
REMAX TWIN LAKES 870-701-0222
Source: Mountain Home MLS,MLS#: 131950
Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Gas Range, Refrigerator
Property
Lot
- Size: 1.56 Acres
Details
- Parcel number: 00206980000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex, Home with Rental Unit
Materials
- Vinyl Siding, Stone, Wood Siding
Community & HOA
Community
- Subdivision: Mtn Lake Acres
Location
- Region: Gamaliel
Financial & listing details
- Tax assessed value: $289,450
- Annual tax amount: $2,643
- Date on market: 7/11/2025
Estimated market value
Not available
Estimated sales range
Not available
$960/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Price change | $500,000-4.8% |
Source: Mountain Home MLS #131950 Report a problem | ||
| 7/11/2025 | Listed for sale | $525,000+64.1% |
Source: Mountain Home MLS #131950 Report a problem | ||
| 6/30/2021 | Sold | $320,000+82.9% |
Source: Public Record Report a problem | ||
| 12/19/2005 | Sold | $175,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,643 0% | $57,890 |
| 2024 | $2,643 | $57,890 +1.9% |
| 2023 | $2,643 +1.9% | $56,790 |
| 2022 | $2,593 +56.9% | $56,790 +27.9% |
| 2021 | $1,653 +61.7% | $44,410 +98.4% |
| 2020 | $1,022 -1.7% | $22,380 |
| 2019 | $1,040 +4.5% | $22,380 |
| 2018 | $995 | $22,380 |
| 2017 | $995 | $22,380 |
| 2016 | $995 -8.5% | $22,380 -49.6% |
| 2015 | $1,087 -31.5% | $44,390 |
| 2014 | $1,588 | $44,390 |
| 2012 | -- | $44,390 -1.4% |
| 2010 | -- | $45,040 -3.1% |
| 2009 | -- | $46,500 +41.7% |
| 2006 | -- | $32,820 |
| 2005 | -- | $32,820 |
| 2004 | -- | $32,820 |
| 2003 | -- | $32,820 |
| 2002 | -- | $32,820 +12.9% |
| 2001 | -- | $29,070 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 72537
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