Duplex Near Downtown
For Sale
$525,000
1009/1011 NW 12th Street, Bentonville, AR 72712
MULTI_FAMILY - Bentonville, AR
Property Size2,245 SF
Lot Size0.45 Acres
Price / SF$233.85
Days on Market212
Property Features for 1009/1011 NW 12th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking features
Garage, Open
Exterior features
ConcreteDriveway
Appliances
GasWaterHeater
Subdivision
Coffelt Place
Lot features
Central Business District, Cul De Sac
Directions
From intersection of Tiger Blvd and Walton Blvd. Go west on Tiger Blvd 1 block. Turn left on NW 12th St. 2nd duplex on right.
Standard status
Active
APN
01-00858-002
Size
2,245 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
Tract 3 Coffelt Place
Tax Annual Amount
4982
Legal Description
Tract 3 Coffelt Place
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1993
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
Equity Partners Realty
(479) 750-9500
Listed By:
Ryan Russell · License #EB00056667
(479) 466-6177
Added: Jan 6
Changed: Aug 2
Last Checked: Aug 6 at 12:06AM
MLS# 1332114
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two units with two bedrooms and two bathrooms, and each unit includes a one-car garage. The exterior features include a concrete driveway. Interior finishes include vinyl and carpet flooring, and the building is constructed with brick. Heating is provided by central systems, with central air conditioning for cooling. A gas water heater serves the property. The roof is shingle.
The duplex sits on an oversized 0.45-acre lot in Bentonville near downtown, with 1009/1011 NW 12th Street as the address. Unit 1011 is tenant occupied, and visitors are asked not to disturb tenants. Unit 1009 is vacant and may be shown.
Built in 1993, this property is positioned as a multifamily option in a downtown area where duplex supply is described as limited.
The duplex sits on an oversized 0.45-acre lot in Bentonville near downtown, with 1009/1011 NW 12th Street as the address. Unit 1011 is tenant occupied, and visitors are asked not to disturb tenants. Unit 1009 is vacant and may be shown.
Built in 1993, this property is positioned as a multifamily option in a downtown area where duplex supply is described as limited.
Key Highlights
- Duplex on an oversized 0.45‑acre lot near downtown Bentonville
- Two two‑bedroom, two‑bath units with a one‑car garage per unit
- Brick construction with shingle roofing
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.0k | $13.80 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $29.3k | $13.04 |
| − OpEx | −$8.8k | −$3.91 |
| NOI | $20.5k | $9.13 |
2,245 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.7K
$256.2K – $341.5K
NOI $20,492 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$261.2K
$228.6K – $304.7K
NOI $18,284 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$616.9K
$539.8K – $719.8K
NOI $43,186 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a concrete driveway with two two-bedroom, two-bath units and a one-car garage per unit.
Where is this duplex located?
The property is located at 1009/1011 NW 12th Street Bentonville, AR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Duplex on an oversized 0.45‑acre lot near downtown Bentonville; Two two‑bedroom, two‑bath units with a one‑car garage per unit; Brick construction with shingle roofing
