Brick Duplexes with Attached
For Sale
$375,000
1102 Springhill RD, Barling, AR 72923
Multifamily, Barling, AR
Property Size2,726 SF
Lot Size0.24 Acres
Price / SF$137.56
Days on Market290
Property Features for 1102 Springhill RD
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Garage - Attached
Fencing
Privacy
Appliances
Dishwasher, Electric, Garbage Disposal, Microwave, Range, Refrigerator
Subdivision
Springhill Estates
Lot features
In Subdivision, Level
High school
Northside
Directions
From Barling, drive north on Hwy 59, Turn right on H Street, Left on Springhill Rd, Unit is on the right.
Standard status
Active
APN
62510-0030-00000-00
Size
2,726 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
LOT 30 80 X 130
Tax Annual Amount
2678
Legal Description
LOT 30 80 X 130
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Amenities
covered entryway
fenced backyard
Building Details
Year built
2016
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile - Ceramic, Laminate
Roof type
Shingle
Listing Agency:
The Heritage Group Real Estate Co.-Van Buren
(479) 806-5955
Listed By:
The Cluck Graham Team · License #SA00078901
(479) 883-8301
Added: Dec 4, 2025
Changed: Sep 15
Last Checked: Sep 19 at 11:06PM
MLS# 1085541
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.
Built in 2016, this brick duplex contains two residential units, each with three bedrooms and two bathrooms. The interiors feature granite countertops, wood-look laminate flooring, ceramic tile, carpet, tray ceilings in the primary bedroom, and a walk-in closet. Kitchen appliances include a range, refrigerator, dishwasher, microwave, and garbage disposal. Central air and electric heating serve the units.
Each unit includes an attached two-car garage, covered entry, and privacy-fenced backyard. The property occupies 0.24 acres and contains 2,726 square feet. Its Barling location provides proximity to a city park, medical college, interstate access, schools, and shopping.
Each unit includes an attached two-car garage, covered entry, and privacy-fenced backyard. The property occupies 0.24 acres and contains 2,726 square feet. Its Barling location provides proximity to a city park, medical college, interstate access, schools, and shopping.
Key Highlights
- Two‑unit duplex property built in 2016
- 2,726 square feet on 0.24 acres
- Each unit includes 3bed/2bath configuration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,078
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,560
$361.6K
Cap Rate 7%
$258,257
$258.3K
Cap Rate 9%
$200,867
$200.9K
Market Conditions
NOI Build-Up for 2,726 SF
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.
Gross rent
$27.8K $10.20/SF
− Vacancy
−$2.0K −$0.73/SF
EGI
$25.8K $9.47/SF
− OpEx
−$7.7K −$2.84/SF
NOI
$18.1K $6.63/SF
Area
Sebastian County, AR
Vacancy
7.12%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,560
Cap Rate 7%
$258,257
Cap Rate 9%
$200,867
Alternative Uses
Best Use
Multifamily LT 5
$258.3K
$226.0K – $301.3K
NOI $18,078 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$230.6K
$201.8K – $269.1K
NOI $16,143 @ 7.0% cap · market cap 4.30%
Theoretical Best
Healthcare Medical
$580.0K
$507.5K – $676.7K
NOI $40,599 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 72923, AR
4,811
Population
2,608
Households
1.8
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
16.4 sq mi
ZIP Area
293
Density / Sq Mi
$52,210
Median Household Income
$36,122
Median Earnings
$893
Median Rent
$125,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each three-bedroom unit offers two baths, updated finishes, complete appliances, and a private fenced backyard.
Where is this duplex located?
The property is located at 1102 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: Two‑unit duplex property built in 2016; 2,726 square feet on 0.24 acres; Each unit includes 3bed/2bath configuration
