About 705 N Rowland Street
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.
Features of 705 N Rowland Street
| MLS® # | 1338289 |
|---|---|
| Price | $292,000 |
| Square Footage | 3,212 |
| Acres | 0.55 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Style | Split Level |
| Status | Active |
Community Information
| Address | 705 N Rowland Street |
|---|---|
| Subdivision | Harrison City |
| City | Harrison |
| County | Boone |
| Province | AR |
| Postal Code | 72601 |
Amenities
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Parking | Assigned, Other |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | Electric Range, Electric Water Heater, Refrigerator, Range Hood |
| Heating | Baseboard |
| Cooling | Window Unit(s) |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two, Multi/Split |
| Basement | Full, Finished, Walk-Out Access |
Exterior
| Exterior Features | Gravel Driveway |
|---|---|
| Lot Description | Cleared |
| Roof | Metal |
| Construction | Rock, Wood Siding |
| Foundation | Block, Slab |
School Information
| District | Harrison |
|---|
Additional Information
| Date Listed | March 5th, 2026 |
|---|---|
| Days on Market | 162 |
Listing Details
| Agent | Melissa Leal |
|---|---|
| Office | Roger Turner Realty, Inc. |