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902-906 Dismukes Ave, Lonoke, AR 72086

$256,500
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    bed

  • —

    bath

Multi-family for sale 143 days
$30.5K price drop

About 902-906 Dismukes Ave

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Movoto estimate
Property description
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.
Listed by
Listing Agent - Shane A Wallis
Listing Office - Venture Realty Group - Cabot
Source: CAR MLS mls logo
MLS#26019767 • last updated 2 months ago
Movoto checked CAR MLS for data 1 minute ago
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Overview
Levels/Style Traditional
Status Active
SqFt 2259
Type Multi-Family
SubType Triplex
MLS # 26019767
Annual Taxes 1131.3
Listing Agent Contact Shane11wallis@aol.com, 501-454-4628
Listing Office Contact 501-259-8437, Josh.cole@cabotlife.com
Listing Office Venture Realty Group - Cabot
New Construction? No
Year Built 1984
Listing Agent Shane, Wallis
Interior
Kitchen Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Basement None
Flooring Concrete, Laminate, Tile
Walls Sheet Rock
Interior Features Hot Water Heater-Electric
Ceiling Sheet Rock
Exterior
Foundation Slab
Exterior Frame
Roofing Architectural Shingle
Garage/ Parking Four Car Or More, Parking Pads
Exterior Features Patio
Lot Desc Level
Amenities / Utilities
Utilities Electric-Municipal, Sewer-Public, Water-Public
Green Features Insulated Doors, Insulated Windows
Location
County Lonoke
Waterfront Other/See Remarks
Area LONOKE SCHOOL DISTRICT
Subdivision Lonoke City Area
Directions From I-40 Take Exit 175 Toward Lonoke. Turn North Onto N Center St/Hwy31. Continue 1.5 Miles Then Turn Left Onto W 9th St. Go A Few Blocks And Turn Right Onto Dismukes Ave. You Will See The Sign In Front Of The Home.
Zoning R2
Multifamily Details
2-BR: Max Rent 1000
2-BR: Min Rent 650
Tenant Pays None
2Br # Of Units 3
Total # of Units 3
Expenses Include None
Annual Income 27000
Lot/ Land Details
Road Surface Paved
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  • Real Estate
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  • 72086
  • 902-906 Dismukes Ave

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