902-906 Dismukes Avenue Lonoke, AR $ 289,500
902-906 Dismukes Avenue
$ 289,500
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902-906 Dismukes Avenue

Lonoke, AR, 72086
$ 289,500
Baths0.0 Sq 2,259

Monthly Estimate*

$ 1,783

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Studio

Multi-Family Home for sale in Lonoke, AR

for $289,500. This 2,259 square foot home was built in 1984.

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.

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Multi-Family Active

Price

$ 289,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,131

Style

Traditional

Year Built

1984

Town/City

Lonoke

County/Region

Lonoke

MLS | Web ID

26019767

Features
Interior
Interior Amenities Hot Water Heater-Electric
Basement None
Floors Concrete Laminate Tile
Total Number of Units 3
Walls Sheet Rock
1 Bed Units 0
2 Bed Units 3
3 Bed Units 0
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General
Heating Central Cool-Electric Central Heat-Electric
Utilities Electric-Municipal Sewer-Public Water-Public
Roof Architectural Shingle
Garage Four Car or More Parking Pads
Zoning R2
Year Built 1984
Tenant Pays None
Subdivision Lonoke City Area AR
Style Traditional
Stories Count One Story
County Lonoke
Class Multi-Family
Type Triplex
Inside City Limits Yes
Status New Listing
Sale/Rent For Sale
Status Detail 1
Docs on File Property Disclosure
Warranty As-Is Prsnt Cnd at Clsng
Energy Features Insulated Doors Insulated Windows
Primary City 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 f
City Lonoke
DOM 0
Postal Code 72086
Price Per Sq Ft Total AG 128.15
Public Remarks 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 prope
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Exterior
Exterior Frame
Exterior Amenities Patio
Road Surface Paved
Waterfront Other/See Remarks
Foundation Slab
Lot Size Area 0
Lot Dimensions 0.00
Lot Level
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* Excluded Features
List By
Shane Wallis

Listing Agent

Venture Realty Group - Cabot

Broker

shane11wallis@aol.com

Email

Affordability Calculator

$1,877
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,783
Monthly Property Taxes
$94
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$289,500 Listed Price

Map


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902-906 Dismukes Avenue, Lonoke, AR, 72086 is a Multi-Family Home for sale at $289,500 with 2,259 sqft. 902-906 Dismukes Avenue is a studio with 0.0 baths and was built in 1984. The property's zip code is 72086 which is in Lonoke, AR