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
$765,000
3166 Highway 101, Gamaliel, AR 72537
--beds
--baths
--sqft
Multi Family, Duplex, Home with Rental Unit
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New metal roofs
- 360 days |
- 98 |
- 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
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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
Not available
Estimated sales range
Not available
$935/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $19,150 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 72537
Nearby schools
GreatSchools rating
- NANelson Wilks Herron Elementary SchoolGrades: 1-2Distance: 7.9 mi
- 8/10Pinkston Middle SchoolGrades: 6-7Distance: 8.7 mi
- 6/10Mtn Home High Career AcademicsGrades: 8-12Distance: 9.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Arkansas
- Baxter County
- Gamaliel
- 72537
- 3166 Highway 101
Nearby cities
Nearby zip codes
Other Gamaliel Topics
