About This Home

This 6-bedroom, 3-bathroom multi-family at 705 N Rowland Street in Harrison, AR is listed for $292,000 ($91 per sqft). the home offers 3,212 sqft of living space on a 0.55 acres lot.

Key Features

  • 0.55 acre lot
  • 2 stories

Property Details

2 stories
3 full

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,562/mo

20% down · 6.5% · 30 years

Principal$211
Interest$1,265
Insurance$85

Estimates only. Actual payments may vary.

Location

705 N Rowland Street

Harrison, AR 72601

Harrison City

Features & Amenities

Exterior Features

GravelDriveway

Property Details

Flooring

TileCarpetWoodLaminate

Construction

Rock WoodSiding

Parking

Assigned

Heating

Baseboard

Cooling

Window Unit(s)

Appliances

ElectricRangeElectricWaterHeaterRefrigeratorRangeHood

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 705 N Rowland Street is listed at $292,000 ($91/sqft). The estimated monthly payment is $1,562 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.55 acre lot, 2 stories. Exterior Features: GravelDriveway.

This property is listed by Melissa Leal.

ML

Melissa Leal

License EB00053381

Agent at Roger Turner Realty, Inc.

Listed by Roger Turner Realty, Inc. · Broker phone: 870-741-3833 · View on Broker Site

MLS# 1338289· Source: ArkansasONE MLS· 238 days on PropertySimple

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

705 N Rowland Street, Harrison, AR 72601

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