Fayetteville Triplex Investment
1270 -1274 Trinity Drive, Fayetteville, AR 72704
MULTI_FAMILY - Fayetteville, AR
Property size:
3,174 SFLot size:
0.28 AcresPrice / SF:
$172/SF- Added:
- Apr 18, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 3 at 5:06 am
Property Features for 1270 -1274 Trinity Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 5, Bathroom 6, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 6
- Window features
- Vinyl Frames
- Exterior features
- ConcreteDriveway
- Fencing
- Privacy
- Appliances
- Dryer, Dishwasher, ElectricCooktop, ElectricWaterHeater, Disposal, Microwave, RangeHood, Washer
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile, Vinyl, Carpet
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Phillip Shepard License #SA00089829 (479) 332-9631
Listing office Collier & Associates 2909 Glory Dr. #201, Augusta, AR (479) 274-0662
Listing date Apr 18, 2026
MLS# 1343378
Listing URL
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.
HighLights
- Prime Location: Located off I‑49, near the University of Arkansas, dining, shopping, and entertainment.
- Flexible Investment: Suited for long‑term rentals, short‑term rentals (Airbnb), or a combination of both.
- Low‑Maintenance Construction: Features all‑brick exteriors, solid steel frame construction, and spray foam insulation.
- Updated Units: Each unit includes a refrigerator, washer, dryer, and new HVAC systems in some units.
- Two Dedicated Parking Spaces: Each unit has two dedicated parking spaces.
- Private Outdoor Space: Generous back patios enclosed by privacy fencing.
Overview
This triplex is located in Fayetteville, Arkansas, just off I-49 on a private street, approximately 3 miles from the University of Arkansas and close to dining, shopping, and entertainment venues. The property features low-maintenance all-brick exteriors with solid steel frame construction and energy-efficient spray foam insulation. Each unit includes two dedicated parking spaces. The property has a lot size of 0.2756 acres and a total size of 3174 square feet. Each unit features 2 beds and 2 baths, with primary suites that include full attached baths and walk-in closets. Generous back patios enclosed by privacy fencing offer outdoor living space. Units are equipped with a refrigerator, washer, and dryer. Recent updates include new HVAC systems, with a new AC unit on one unit. The property offers flexible investment strategies, including long-term rentals, short-term rental/Airbnb opportunities, or a combination approach. The property is sold as-is.
Local 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 | $43.8k | $13.80 |
| − Vacancy | −$3.0k | −$0.94 |
| EGI | $40.8k | $12.86 |
| − OpEx | −$12.2k | −$3.86 |
| NOI | $28.6k | $9.00 |
3,174 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$408.1K
$357.1K – $476.1K
NOI $28,564 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$361.0K
$315.9K – $421.2K
NOI $25,272 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$852.0K
$745.5K – $994.0K
NOI $59,637 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.225916
- Latitude
- 36.080973
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex near University of Arkansas with flexible investment strategies.
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 $549,000.
What are key features of this property?
This property features: Prime Location: Located off I‑49, near the University of Arkansas, dining, shopping, and entertainment.; Flexible Investment: Suited for long‑term rentals, short‑term rentals (Airbnb), or a combination of both.; Low‑Maintenance Construction: Features all‑brick exteriors, solid steel frame construction, and spray foam insulation.
