For Sale Multi-Family MLS# 26019767

902 Dismukes Avenue

Lonoke, AR 72086

$256,500

About 902 Dismukes Avenue

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.

Property details

Property

Type
Triplex
MLS type
MultiFamily
Status
Active
Year built
1984
Living area
2,259 sqft
Price / sqft
$114
Original price
$289,500
MLS #
26019767

Location

Subdivision
Lonoke City Area
County
Lonoke
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.

Location

Neighborhood
Lonoke City Area

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Listed by Shane Wallis, Venture Realty Group - Cabot

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.