$1,190,000

3166 Arkansas 101 Gamaliel, AR 72537

Estimated payment $6,842/month

Total Views 17,972
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Detached Garage
  • Double Pane Windows
  • 1-Story Property
  • Pinkston Middle School Rated A-
  • Mini Split Air Conditioners
  • Central Heating

About This Home

Twin Gables #1 and #2 offers 16 units, is fully leased out with long term tenants. Situated on 3.47 acres m/l in Gamaliel and located 0.5 miles to 101 Marina in Howard Cove, this opportunity is immediately income producing. The property includes one house with detached garage, four duplexes, and seven single structures, a laundry facility, located at TG#1, and a maintenance garage, located at TG#2. Several buildings on TG#1 have newer metal roofs and have been remodeled. All electric with well & septic.

Listing Agent

Morgan Sharp

REMAX TWIN LAKES Listed on: 07/11/2025

REMAX TWIN LAKES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,935

Parking

  • Detached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Mini Split Air Conditioners
  • Central Heating
  • Mini Split Heat Pump
  • Heating System Uses Propane
  • Propane
  • Shared Well
  • Natural Gas Water Heater
  • Shared Septic

Additional Features

  • Outbuilding
  • 3.77 Acre Lot

Community Details

  • 16 Units
  • Mtn Lake Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002-06980-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,935

Lot Details

3.77 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex, Apartments
  • Stories: 1 Story
  • Property Type: MULTI-FAMILY
  • Miles to City: < 15 Miles
  • Year Built: Unknown
  • Year Built Range: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Range/Oven, Microwave, Refrigerator
  • Interior Amenities: Carpet, Vinyl Floor, Laminate Floor, Ceiling Fan(s), Smoke Detector
  • Layout: Multiple Buildings
  • Windows: Single Pane, Double Pane
  • Basement Foundation: Crawl Space, Slab

Exterior Features

  • Exterior: Stone, Wood Siding, Shingle Roof, Metal Roof
  • Street Surfaces: Paved, State Highway, County Road
  • Exterior Amenities: Outbuildings

Garage/Parking

  • Garage Type: Detached Garage

Utilities

  • Water Heater: Electric, Natural Gas
  • Utility Companies: North AR Elec. Coop
  • Cooling: Electric, Mini-split
  • Heating: Central, Electric, Propane, Wood Furnace, Mini-split
  • Sewer Septic: Septic Shared
  • Water Supply: Well Shared
  • Gas: Propane

Lot Info

  • Number Of Acres: 3.77
  • Assessor Parcel Number: 002-06980-000
  • Zoning Restrictions: None

Multi Family

  • Number Of Units: 16

Tax Info

  • Taxes: 5934.89
  • Tax Year: 2024

MLS Schools

  • School: Mountain Home

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 For Sale $1,190,000 +55.6% --
07/10/2025 07/10/25 For Sale $765,000 -- --
Source: Mountain Home MLS (North Central Board of REALTORS®)

About the Listing Agent

Morgan Sharp

REMAX TWIN LAKES

(870) 606-3975

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Born and raised in Mountain Home, I returned to the Twin Lakes area in 2018 to raise my daughter and be closer to my family. I graduated from Mountain Home High School in 2001 and the University of Arkansas in 2005 with a Bachelor of Science in Industrial Engineering.

After 15 years of relocating across the country for work several times, I settled in the Denver area. In 2017, I transitioned from my engineering role in the oil and gas industry to real estate. To better serve my clients

Morgan's Other Listings

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    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

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  • 166 Cr 806, Gamaliel, AR 72637

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    Twin Gables #2 offers 7 units on 1.56 acres m/l and is fully leased out with long term tenants. Located in Gamaliel this opportunity is immediately income producing. This property includes one house with detached garage, two duplexes, and two single structures and a maintenance garage. Unit 1: 3 bedroom, 2 bath - 1800 sq ft, 40 x 30 detached garage, Unit 2: 2 bedroom, 2 bath - 1100 sq ft, Unit 3:

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  • 509 Baypoint Dr, Mountain Home, AR 72653

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    This 3-bedroom, 2.5-bath all-brick home nestled on a generous 0.63-acre m/l lot is a beautifully updated and well maintained property features an open floor plan with tall ceilings in the living room that flow seamlessly into the screened porch and private backyard—perfect for relaxing or entertaining. Enjoy cozy evenings in the family room, complete with a fireplace and built-in movie screen.

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  • 26 Hickory Heights Dr, Mountain Home, AR 72653

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    All-brick home offering space, privacy, and amenities! This spacious 4 or 5 bedroom, 3 full bath, 1 half bath home offers a functional layout designed for both everyday living and entertaining.The large open-concept living, dining, & kitchen area features a cozy fireplace and flows seamlessly onto the large deck overlooking the private backyard retreat complete with in-ground pool, hot tub, &

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  • 924 Dixie St, Mountain Home, AR 72653

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    • 1,309 Sq Ft
    • 924 Dixie St
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    Welcome to this beautifully updated 2-bedroom, 1-bath home located in the heart of Mountain Home. Featuring luxury vinyl plank flooring throughout, this home offers an updated kitchen, fresh interior paint, a metal roof, newer HVAC system, and new stove and refrigerator. The spacious living area includes a cozy fireplace, while ample storage can be found throughout the home. Enjoy year-round

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  • 1138 Meadowcrest Dr, Mountain Home, AR 72653

    $233,000 $16K PRICE DROP

    • 3 Beds
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    • 1138 Meadowcrest Dr
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    This well-designed 3-bed, 3-bath home with a 2-car attached garage offers approximately 1,900 square feet of single-level living on a 0.43-acre m/l lot in Mtn Home. Conveniently located near schools, shopping, and entertainment, this bright and inviting home stands out with its versatile layout and exceptional outdoor space. A standout feature is the attached flex space—perfect for a home office,

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  • 411 S Main St, Mountain Home, AR 72653

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    This investment opportunity is turn key and ready for you! This property features 22 fully renovated apartments located in the heart of Mountain Home, just on block from the Baker District and less then 1.5 miles to ASUMH. The entire complex has been extensively updated; everything is new - plumbing, electrical, roof, siding, windows, doors, drywall, paint, flooring, trim, cabinets and fixtures.

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  • 423 E 12th St, Mountain Home, AR 72653

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  • 661 Lt 43 Nubbin Ridge Rd, Lakeview, AR 72642

    $32,500 $5K PRICE DROP

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    Discover the perfect blend of comfort and convenience in this maintained 2-bedroom, 2-bathroom manufactured home located in the Leisure Hills North community. Offering 938 sq. ft. of thoughtfully designed living space, this home features a sought-after split floorplan for maximum privacy.

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Source: Mountain Home MLS (North Central Board of REALTORS®)

MLS Number: 132003

Mountain Home MLS (North Central Board of REALTORS®)
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