Barling Duplexes: Investment
1009 Springhill RD Barling, AR 72923
For Sale
$375,000
Pending
MULTI_FAMILY - Barling, AR
Property Size2,572 SF
Lot Size0.28 Acres
Days on Market233
Property Features for 1009 Springhill RD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Rooms
- Bedroom 9, Bedroom 8, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 1
- Standard status
- Pending
- APN
- 62510-0005-00000-00
- Size
- 2,572 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Description
- LOT 4
- Tax Annual Amount
- 2678
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2015
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet
- Roof type
- Shingle
Listing Agency:
The Heritage Group Real Estate Co.-Van Buren
(479) 806-5955
Listed By:
The Cluck Graham Team
(479) 883-8301
Added: Dec 4, 2025
Changed: Jul 14
Last Checked: Jul 25 at 11:06PM
MLS# 1085542
Copyright © 2026 Western River Valley Board of REALTORS®. 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.
These well-maintained duplexes are located in Barling, Arkansas, offering an excellent investment opportunity. The property is conveniently situated near a city park, medical college, interstate, schools, and shopping. Each unit features a brick exterior, a two-car garage, a covered entryway, and a fenced backyard. The interior of each unit includes 3 bedrooms and 2 bathrooms, granite countertops throughout, and wood-look laminate flooring. Kitchens are equipped with a refrigerator and other appliances. The master bedroom features tray ceilings and a walk-in closet. The property is currently rented. The lot size is 0.2755 acres, and the property size is 2572 square feet.
Key Highlights
- Duplexes with brick exterior, each unit featuring a two‑car garage and a covered entryway
- Year built 2015
- Each unit includes 3 bedrooms and 2 bathrooms
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 | $26.2k | $10.20 |
| − Vacancy | −$1.9k | −$0.73 |
| EGI | $24.4k | $9.47 |
| − OpEx | −$7.3k | −$2.84 |
| NOI | $17.1k | $6.63 |
2,572 SF · lease $10.20/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.7K
$213.2K – $284.3K
NOI $17,057 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$217.6K
$190.4K – $253.9K
NOI $15,231 @ 7.0% cap · market cap 4.06%
Theoretical Best
Healthcare Medical
$547.2K
$478.8K – $638.4K
NOI $38,305 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-kept duplexes in Barling, convenient location, great investment.
Where is this duplex located?
The property is located at 1009 Springhill RD Barling, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplexes with brick exterior, each unit featuring a two‑car garage and a covered entryway; Year built 2015; Each unit includes 3 bedrooms and 2 bathrooms
