Fayetteville Duplex Near
1018 Benchmark LN Fayetteville, AR 72704
For Sale
$595,000
Pending
MULTI_FAMILY - Fayetteville, AR
Property Size3,418 SF
Lot Size0.12 Acres
Days on Market710
Property Features for 1018 Benchmark LN
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- Garage - Attached
- Appliances
- Garbage Disposal, Microwave, Refrigerator
- Standard status
- Pending
- APN
- 765-32990-00
- Size
- 3,418 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- S-T-R13-16-31
- Tax Annual Amount
- 342
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 2024
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Other-specify in remarks
- Roof type
- Shingle
Listing Agency:
Keller Williams Platinum Realty
(479) 434-3000
Listed By:
Cheryl Garner · License #Sa00083287
(479) 434-3000
Added: Aug 14, 2024
Changed: May 14
Last Checked: Jul 24 at 10:06PM
MLS# 1074513
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.
This multifamily property in Fayetteville, Arkansas, features a duplex with two units, suitable for University of Arkansas students, young professionals, staffing agencies, and corporate housing. The property offers a spacious, open floor plan with granite countertops in the kitchen and bathrooms. The interior features fresh, neutral colors and contemporary lighting fixtures. Luxury vinyl plank flooring is installed throughout. Bathrooms include en suite and Jack and Jill configurations. The property includes a convenient upstairs washer and dryer location, a front covered entry, and secure, private access to the garage. A covered balcony is also featured. The property is located on the Fayetteville Trail System. The lot size is 0.12 acres, and the property size is 3,418 square feet.
Key Highlights
- Ideal location on the Fayetteville Trail System.
- Brand new construction (2024) duplex with two units.
- Granite countertops in kitchen and 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 | $47.2k | $13.80 |
| − Vacancy | −$3.2k | −$0.94 |
| EGI | $43.9k | $12.86 |
| − OpEx | −$13.2k | −$3.86 |
| NOI | $30.8k | $9.00 |
3,418 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$439.4K
$384.5K – $512.7K
NOI $30,759 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$388.8K
$340.2K – $453.6K
NOI $27,215 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$917.4K
$802.8K – $1.07M
NOI $64,221 @ 7.0% cap · market cap 10.79%
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 - Two-unit duplex near University of Arkansas and Fayetteville Trail System.
Where is this duplex located?
The property is located at 1018 Benchmark LN Fayetteville, AR.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Ideal location on the Fayetteville Trail System.; Brand new construction (2024) duplex with two units.; Granite countertops in kitchen and bathrooms.
