Twin Gables #1 offers 9 units on 2.21 acres m/l and is fully leased out with long term tenants. Located in Gamaliel this opportunity is immediately income producing. The property includes two duplexes and five single structures. Unit 1: 1 bedroom, bath - 725 sq ft, unit 2: 2 bedroom, 1 bath - 725 sq ft, unit 3: 2 bedroom, 1 bath - 650 sq ft, unit 4: 2 bedroom, 1 bath - 320 sq ft, unit 5: 4 bedroom, 2 bath - 1500 sq ft; unit 6: 2 bedroom, 1 bath - 308 sq ft, unit 7: 1 bedroom, 1 bath - 650 sq ft, unit 8: 1 bedroom, 1 bath - 750 sq ft, unit 9: 2 bedroom, 1 bath - 750 sq ft. All electric with well & septic. Several buildings have new metal roofs. Laundry facilities on site. Some units have been remodeled.
For sale
Price increase: $400K (7/31)
$750,000
3166 Highway 101, Gamaliel, AR 72537
--beds
--baths
--sqft
Multi Family, Duplex, Home with Rental Unit
Built in ----
-- sqft lot
$1,060,600 Zestimate®
$--/sqft
$-- HOA
What's special
New metal roofs
- 468 days
- 73
- 3
Zillow last checked:
Listing updated:
Listed by:
Morgan Sharp 870-404-3121,
REMAX TWIN LAKES 870-701-0222
Source: Mountain Home MLS,MLS#: 131937
Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Electric Range, Refrigerator
Property
Lot
- Size: 2.21 Acres
Details
- Parcel number: 00206982027
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex, Home with Rental Unit
Materials
- Vinyl Siding, Stone
Community & HOA
Community
- Subdivision: Mtn Lake Acres
Location
- Region: Gamaliel
Financial & listing details
- Tax assessed value: $360,450
- Annual tax amount: $3,292
- Date on market: 7/10/2025
Estimated market value
$1,060,600
$1.01M - $1.11M
$758/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $1,150,000+53.3% |
Source: Mountain Home MLS #132003 Report a problem | ||
| 7/31/2026 | Listed for sale | $750,000-37% |
Source: Mountain Home MLS #131937 Report a problem | ||
| 7/18/2025 | Price change | $1,190,000+55.6% |
Source: Mountain Home MLS #132003 Report a problem | ||
| 7/10/2025 | Listed for sale | $765,000+155.9% |
Source: Mountain Home MLS #131937 Report a problem | ||
| 3/9/2006 | Sold | $299,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,292 0% | $72,090 |
| 2024 | $3,292 | $72,090 |
| 2023 | $3,292 | $72,090 |
| 2022 | $3,292 +35.6% | $72,090 +35.6% |
| 2021 | $2,428 | $53,170 |
| 2020 | $2,428 -0.7% | $53,170 |
| 2019 | $2,446 +4.5% | $53,170 |
| 2018 | $2,339 +1.8% | $53,170 |
| 2017 | $2,298 | $53,170 +12% |
| 2016 | $2,298 +10.9% | $47,470 |
| 2015 | $2,073 | $47,470 +11.3% |
| 2014 | $2,073 | $42,650 |
| 2012 | -- | $42,650 -7.6% |
| 2011 | $1,753 | $46,150 |
| 2010 | -- | $46,150 +61.8% |
| 2006 | -- | $28,530 -12.9% |
| 2005 | -- | $32,770 |
| 2004 | -- | $32,770 |
| 2003 | -- | $32,770 |
| 2002 | -- | $32,770 +71.1% |
| 2001 | -- | $19,150 |
Find assessor info on the county website
Monthly payment
Est. payment




