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Duplex with HVAC Replaced in 2021
For Sale
$179,900

105 & 107 E 4th Street, Ward, AR 72176

MULTI_FAMILY - Ward, AR

Property Size1,537 SF
Lot Size0.28 Acres
Price / SF$117.05
Days on Market61

Property Features for 105 & 107 E 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 2
Patio and Porch features Porch
Interior features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Fan - Ceiling
Exterior features Porch
Appliances Free-Standing Stove, Dishwasher, Free-Standing Stove, Dishwasher
Subdivision OT Ward
Lot features Level
Directions Head northeast on 2nd St. towards Moore St. Turn right onto 4th Street. Destination will be on the right.
Standard status Active
APN 800-01901-001
Size 1,537 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description See Survey for full legal
Tax Annual Amount 925
Legal Description See Survey for full legal

Building Details

Year built 1996
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet - Partial, Concrete, Tile, Laminate
Roof type Shingle
Architectural style Other
Listing Agency: MVP Real Estate
Listed By: Laura Casteel
Added: Jun 1 Changed: Jul 31 Last Checked: Jul 31 at 4:06AM
MLS# 26021979

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 at 105 & 107 E 4th Street in Ward is set up as two separate units. Each unit provides two bedrooms and one bathroom, with its own parking and outdoor space. The interior includes washer and dryer connections, an electric hot water heater, ceiling fans, and smoke detectors, along with a mix of vinyl, carpet, concrete, tile, and laminate flooring. A porch is included on the exterior. The property was built in 1996 and has shingle roofing.

Recent improvements include a new roof within the last 2–3 years and HVAC replacement in 2021. The duplex is located in the Cabot School District.

The units are currently fully occupied. Tenant-occupied showings require 24-hour notice.

Key Highlights

  • Duplex with two units, each offering two bedrooms and one bathroom
  • HVAC replaced in 2021
  • New roof completed within the last 2–3 years

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 $21.2k $13.80
− Vacancy −$1.2k −$0.76
EGI $20.0k $13.04
− OpEx −$6.0k −$3.91
NOI $14.0k $9.13
1,537 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$200.4K
$175.4K – $233.8K (±1% cap)
NOI $14,029 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$177.5K
$155.3K – $207.1K (±1% cap)
NOI $12,423 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$312.9K
$273.8K – $365.1K (±1% cap)
NOI $21,906 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Plumbing Service Nail Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 72176, AR

9,418
Population
3,598
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
88%
High-School Grad
70.4 sq mi
ZIP Area
134
Density / Sq Mi
$77,511
Median Household Income
$45,962
Median Earnings
$995
Median Rent
$165,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex with two units, each with its own parking and outdoor space, plus HVAC replaced in 2021.
Where is this duplex located?
The property is located at 105 & 107 E 4th Street Ward, AR.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Duplex with two units, each offering two bedrooms and one bathroom; HVAC replaced in 2021; New roof completed within the last 2–3 years
More about this property
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