Excellent Multi-Unit investment opportunity in the growing Lonoke area. This well-maintained triplex was built in 1984 and has seen numerous recent updates, making it a strong turnkey investment property with dependable rental history and long-term income potential. 2 of the 3 units are tenant occupied and the third will be rented by the end of May. These units stay rented, offering immediate cash flow for investors. Unit Breakdown: 902 Dismukes 2 bed 1 bath, 904 Dismukes 2 bed 1 bath, and 906 Dismukes is 2 bed 2 bath. All units have new LVP flooring, tile, or stained concrete. Each unit has been repainted and new counter tops within the last 2 years. Refrigerator conveys with the property. New Roof 2021. Also, 2 new HVAC units as of 2025. Investment highlights: Strong rental history, Low-maintenance exterior, updated interiors attractive to tenants. It has a very desirable unit mix with both 2/1 and 2/2 layouts. Really this is a turnkey opportunity for investors seeking immediate rental income. Call me today so that you don't miss out on this highly desirable opportunity to add this stable, updated, and income-producing asset to your portfolio. Please see agent remarks.
Active
Price cut: $30.5K (7/6)
$256,500
902-906 Dismukes St, Lonoke, AR 72086
--beds
--baths
2,259sqft
Triplex
Built in 1984
-- sqft lot
$244,500 Zestimate®
$114/sqft
$-- HOA
What's special
New counter topsLow-maintenance exterior
- 131 days
- 37
- 4
Zillow last checked:
Listing updated:
Listed by:
Shane A Wallis 501-454-4628,
Venture Realty Group - Cabot 501-259-8437
Source: CARMLS,MLS#: 26019767
Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Electric Range, Dishwasher, Disposal, Refrigerator, Electric Water Heater
Features
- Sheet Rock
- Flooring: Concrete, Tile, Laminate
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: None
Interior area
- Total structure area: 2,259
- Total interior livable area: 2,259 sqft
Property
Parking
- Total spaces: 4
- Parking features: Parking Pad, Four Car or More
Features
- Levels: One
- Patio & porch: Patio
- Waterfront features: Other/See Remarks
Lot
- Features: Level
Details
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Electric: Electric-Municipal
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Doors
Community & HOA
Community
- Subdivision: Lonoke City Area
Location
- Region: Lonoke
Financial & listing details
- Price per square foot: $114/sqft
- Annual tax amount: $1,131
- Date on market: 5/15/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Tenant pays: None
- Road surface type: Paved
Estimated market value
$244,500
$232,000 - $257,000
$1,295/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $256,500-10.6%$114/sqft |
Source: | ||
| 6/5/2026 | Price change | $287,000-0.9%$127/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $289,500$128/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








