$256,500
$33K PRICE DROP

902 Dismukes St Lonoke, AR 72086

Lonoke Area

Estimated payment $1,492/month

Total Views 4,754
Studio
-- Bath
2,259 Sq Ft
$114 Price per Sq Ft

Highlights

  • Multiple Garages
  • Patio
  • 1-Story Property
  • Traditional Architecture
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

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.

Listing Agent

Shane Wallis

Venture Realty Group - Cabot Listed on: 05/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1984

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,259 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Insulated Windows
  • Insulated Doors

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Concrete
  • Tile

Parking

  • Multiple Garages
  • Parking Pad

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Level Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,131

Year Built

Built in 1984

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 05/15/2026
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Triplex
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: R2
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Floors: Concrete, Tile, Laminate
  • Foundation: Slab
  • Stories: One Story
  • Interior Amenities: Hot Water Heater-Electric
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Exterior Features

  • Exterior: Frame
  • Roof: Architectural Shingle
  • Exterior Features: Patio

Garage/Parking

  • Garage/Parking: Parking Pads, Four Car Or More

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Lot Info

  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Maximum Rent Two Bedroom: 1000
  • Minimum Rent Two Bedroom: 650
  • Number Of Two Bedroom Units: 3
  • Number Units: 3

Tax Info

  • Annual Taxes: 1131.3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,131 $19,830 $1,200 $18,630
2024 $1,131 $19,830 $1,200 $18,630
2023 $1,131 $19,830 $1,200 $18,630
2022 $1,131 $19,830 $1,200 $18,630
2021 $1,131 $19,830 $1,200 $18,630
2020 $998 $17,490 $1,200 $16,290
2019 $965 $17,490 $1,200 $16,290
2018 $965 $17,490 $1,200 $16,290
2017 $965 $17,490 $1,200 $16,290
2016 $965 $17,490 $1,200 $16,290
2015 $963 $17,470 $1,200 $16,270
2014 $963 $17,470 $1,200 $16,270
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2026 07/06/26 Price Changed $256,500 -10.6% $114 / Sq Ft
06/05/2026 06/05/26 Price Changed $287,000 -0.9% $127 / Sq Ft
05/15/2026 05/15/26 For Sale $289,500 +48.5% $128 / Sq Ft
04/01/2024 04/01/24 Sold $195,000 0.0% $86 / Sq Ft View Prior Sale
02/29/2024 02/29/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $195,000 +156.6% $86 / Sq Ft
07/27/2018 07/27/18 Sold $76,000 +2.8% $34 / Sq Ft View Prior Sale
07/06/2018 07/06/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $73,900 -- $33 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $195,000 Land Title
Quit Claim Deed -- Professional Land Title
Warranty Deed $130,000 None Available
Warranty Deed $76,000 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $146,250 New Conventional
Previous Owner $160,000 Construction
Previous Owner $110,500 Commercial
Previous Owner $91,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $57,000 Undefined Multiple Amounts
Source: Public Records

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 26019767

Cooperative Arkansas REALTORS® MLS

APN: 781-90301-001

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