For sale

Price cut: $27.7K (8/12)

$292,000

705 N Rowland St, Harrison, AR 72601

6beds

3baths

3,212sqft

$1,971/mo

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Quadruplex, Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$91/sqft

$-- HOA

What's special

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.

239 days
49
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Baseboard

Cooling

Window Unit(s)

Appliances

Included: Electric Range, Electric Water Heater, Refrigerator, Range Hood

Features

None
Flooring: Carpet, Laminate, Tile, Wood
Basement: Full,Finished,Walk-Out Access
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,212
Total interior livable area: 3,212 sqft

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Property

Parking

Parking features: Assigned, Other

Features

Levels: Two,Multi/Split
Stories: 2
Exterior features: Gravel Driveway
Fencing: Chain Link,Partial
Waterfront features: None

Lot

Size: 0.55 Acres
Features: Cleared

Details

Parcel number: 82513656000C
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Split Level
Property subtype: Quadruplex, Multi Family

Materials

Rock, Wood Siding
Foundation: Block, Slab
Roof: Metal

Condition

New construction: No

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Harrison City

HOA

Has HOA: No

Location

Region: Harrison

Financial & listing details

Price per square foot: $91/sqft
Tax assessed value: $103,600
Annual tax amount: $1,057
Date on market: 3/3/2026
Cumulative days on market: 241 days
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/12/2026	Price change	$292,000-8.7%$91/sqft
Source: ArkansasOne MLS #1338289 Report a problem
3/5/2026	Listed for sale	$319,700+142.2%$100/sqft
Source: ArkansasOne MLS #1338289 Report a problem
4/29/2016	Sold	$132,000$41/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,057	$20,720
2024	$1,057	$20,720
2023	$1,057	$20,720
2022	$1,057	$20,720
2021	$1,057 -10.9%	$20,720 -10.9%
2020	$1,186 -1.5%	$23,250
2019	$1,204	$23,250
2018	$1,204	$23,250
2017	$1,204 +47.7%	$23,250 +45.5%
2016	$815	$15,980 +10%
2015	$815 +10%	$14,530
2014	$741 +10.6%	$14,530
2013	$670	$14,530
2011	$670	$14,530

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 72601

Nearby schools

GreatSchools rating

NA
Harrison Kindergarten
Grades: KDistance: 0.2 mi
8/10
Harrison Middle School
Grades: 5-8Distance: 1.9 mi
7/10
Harrison High School
Grades: 9-12Distance: 1.9 mi

Schools provided by the listing agent

District: Harrison

Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.