$1,190,000

3166 Arkansas 101 Gamaliel, AR 72537

Estimated payment $6,755/month

Total Views 13,969
-- 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

RE/MAX TWIN LAKES Listed on: 07/11/2025

RE/MAX 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

RE/MAX 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

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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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