$525,000

166 Cr 806 Gamaliel, AR 72637

Estimated payment $3,023/month

Total Views 13,387
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Detached Garage
  • Double Pane Windows
  • Tile Flooring
  • Pinkston Middle School Rated A-
  • Cooling Available
  • Wood Siding

About This Home

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: 1 bedroom, 1 bath - 750 sq ft, Unit 4: 1 bedroom, 1 bath - 750 sq ft, Unit 5: 2 bedroom, 1 bath - 900 sq ft, Unit 6: 1 bedroom, 1 bath - 750 sq ft, Unit 7: 1 bedroom, 1 bath - 750 sq ft. Maintenance garage: 30' x 25'. 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

  • $2,643

Lot Details

  • 1.56 Acre Lot

Parking

  • Detached Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Crawl Space
  • Gas Oven or Range

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Cooling Available
  • Shared Well
  • Electric Water Heater
  • Shared Septic

Community Details

  • 7 Units
  • Mtn Lake Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002-06980-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,643

Lot Details

1.56 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex, Home with Rental Unit
  • Stories: 1 Story, 2 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, Refrigerator
  • Interior Amenities: Carpet, Vinyl Floor, Tile Floor, Laminate Floor
  • Windows: Double Pane
  • Basement Foundation: Crawl Space, Slab

Exterior Features

  • Exterior: Vinyl Siding, Stone, Wood Siding, Shingle Roof, Metal Roof
  • Street Surfaces: County Road

Garage/Parking

  • Garage Type: Detached Garage

Utilities

  • Water Heater: Electric
  • Utility Companies: North AR Elec. Coop
  • Cooling: Electric
  • Heating: Electric
  • Sewer Septic: Septic Shared
  • Water Supply: Well Shared

Lot Info

  • Number Of Acres: 1.56
  • Assessor Parcel Number: 002-06980-000
  • Zoning Restrictions: Mixed Use

Multi Family

  • Number Of Units: 7

Tax Info

  • Taxes: 2643.26
  • Tax Year: 2024

MLS Schools

  • School: Mountain Home

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Tax History

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 $2,643 $57,890 $1,790 $56,100
2024 $2,643 $57,890 $1,790 $56,100
2023 $2,643 $56,790 $1,790 $55,000
2022 $2,593 $56,790 $1,790 $55,000
2021 $1,653 $44,410 $1,790 $42,620
2020 $1,022 $22,380 $700 $21,680
2019 $1,040 $22,380 $700 $21,680
2018 $865 $22,380 $700 $21,680
2017 $995 $22,380 $700 $21,680
2016 $977 $22,380 $700 $21,680
2015 $1,087 $44,390 $1,750 $42,640
2014 $1,588 $44,390 $1,750 $42,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 For Sale $525,000 -- --
Source: Mountain Home MLS (North Central Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 Baxter County Abstract
Quit Claim Deed -- --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Morgan Sharp

RE/MAX TWIN LAKES

(866) 563-8046

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

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  • 810 Capitol Dr, Mountain Home, AR 72653

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  • 54 Pretoria Ln, Mountain Home, AR 72653

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  • 599 Western Hills Loop, Mountain Home, AR 72653

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

MLS Number: 131950

Mountain Home MLS (North Central Board of REALTORS®)

APN: 002-06980-000

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