Brick Triplex With Private
For Sale
$539,900
1270 -1274 Trinity Drive, Fayetteville, AR 72704
Residential, Fayetteville, AR
Property Size3,174 SF
Lot Size0.28 Acres
Price / SF$170.10
Days on Market140
Property Features for 1270 -1274 Trinity Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 5, Bathroom 5, Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 6, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 3
Window features
Vinyl Frames
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
Dryer, Dishwasher, ElectricCooktop, ElectricWaterHeater, Disposal, Microwave, RangeHood, Washer
Subdivision
Trinity Place Triplex Units
Lot features
Central Business District, Cleared, City Lot
Directions
.
Standard status
Active
APN
765-24486-000
Size
3,174 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
Lot 1, Trinity Place Triplex Units S/D, City of Fayetteville
Tax Annual Amount
2856
Legal Description
Lot 1, Trinity Place Triplex Units S/D, City of Fayetteville
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
back patios
walk-in closets
Building Details
Year built
2005
Floors in Building
1
Number of units
3
Flooring type
Vinyl, Carpet, Tile
Building materials
Brick
Roof type
Shingle
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Phillip Shepard · License #SA00089829
(479) 332-9631
Added: Apr 18
Changed: Sep 2
Last Checked: Sep 4 at 2:06AM
MLS# 1343378
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 2005 triplex contains three two-bedroom, two-bath units totaling 3,174 square feet. Each residence has a primary suite with an attached full bath and walk-in closet, along with a private rear patio enclosed by privacy fencing. All-brick construction, steel framing, spray foam insulation, vinyl, carpet, and tile flooring define the interiors and exterior envelope. Appliances include refrigerators, washers, dryers, dishwashers, electric cooktops, microwaves, range hoods, and disposals. One unit has a new AC unit, and the property is offered as-is.
The property occupies 0.2756 acres at 1270–1274 Trinity Drive in Fayetteville, Arkansas. It is located on a private street just off I-49, approximately 3 miles from the University of Arkansas and near dining, shopping, and entertainment. Public water and public sewer serve the property, with a shingle roof and concrete driveway. Each unit includes two dedicated parking spaces.
The property occupies 0.2756 acres at 1270–1274 Trinity Drive in Fayetteville, Arkansas. It is located on a private street just off I-49, approximately 3 miles from the University of Arkansas and near dining, shopping, and entertainment. Public water and public sewer serve the property, with a shingle roof and concrete driveway. Each unit includes two dedicated parking spaces.
Key Highlights
- Three‑unit property with 3,174 square feet of total building area
- Each unit offers 2 beds and 2 baths with a primary suite, attached bath, and walk‑in closet
- All‑brick construction with steel framing and spray foam insulation
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
$28,564
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
5.29%
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%
$571,280
$571.3K
Cap Rate 7%
$408,057
$408.1K
Cap Rate 9%
$317,378
$317.4K
Market Conditions
NOI Build-Up for 3,174 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
$43.8K $13.80/SF
− Vacancy
−$3.0K −$0.94/SF
EGI
$40.8K $12.86/SF
− OpEx
−$12.2K −$3.86/SF
NOI
$28.6K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /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%
$571,280
Cap Rate 7%
$408,057
Cap Rate 9%
$317,378
Alternative Uses
Best Use
Multifamily LT 5
$408.1K
$357.1K – $476.1K
NOI $28,564 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$361.0K
$315.9K – $421.2K
NOI $25,272 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$852.0K
$745.5K – $994.0K
NOI $59,637 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three two-bedroom, two-bath units include dedicated parking, appliances, and recently updated HVAC systems.
Where is this triplex located?
The property is located at 1270 -1274 Trinity Drive Fayetteville, AR.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Three‑unit property with 3,174 square feet of total building area; Each unit offers 2 beds and 2 baths with a primary suite, attached bath, and walk‑in closet; All‑brick construction with steel framing and spray foam insulation
