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North-Facing New Construction Duplex
For Sale
$623,000

1303 SW Poigai, Bentonville, AR 72713

Residential, Bentonville, AR

Property Size2,818 SF
Lot Size0.20 Acres
Price / SF$221.08
Days on Market146

Property Features for 1303 SW Poigai

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 5, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 6, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1
Parking features Open, Garage
Exterior features ConcreteDriveway
Fencing Privacy
Appliances ElectricWaterHeater
Subdivision Poigai Estates Ph 2 Bentonville
Lot features Landscaped, Level, Near Park
Directions From Walton, West on 102, South on Been Rd, East on SW 28th, North on SW Bright, East on SW Poigai Way, House at the end of street.
Standard status Active
APN 01-20982-000
Size 2,818 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description PLAT 11/29/2023 L202361036
Tax Annual Amount 1476
Legal Description PLAT 11/29/2023 L202361036

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Ductless, Electric

Amenities

rear covered patios
stainless steel appliances
quartz countertops
ample cabinetry
large pantries
refrigerator
washer
dryer

Building Details

Year built 2024
Floors in Building 3
Number of units 2
Flooring type Vinyl
Building materials Brick, VinylSiding
Roof type Shingle, Asphalt
Listing Agency: Kaufmann Realty, LLC
Listed By: Bhavya Tummala · License #SA00096046
Added: Mar 28 Changed: Aug 19 Last Checked: Aug 20 at 3:06PM
MLS# 1340865

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 north-facing, low-maintenance duplex is newly constructed in 2024 and designed for income-producing living. The property features two units, each with three bedrooms and 2.5 bathrooms, plus a modern, functional layout. An additional unfinished approximately 80 SF space offers flexibility for a home office, storage, or playroom. The kitchens include stainless steel appliances, quartz countertops, ample cabinetry, and large pantries. Each unit also has a rear covered patio, and there are 2-car garages. Refrigerators, washer, and dryer are included.

The duplex sits on a 0.2-acre lot and totals 2,818 SF. Exterior features include a concrete driveway and privacy fencing. Heating is central electric, and cooling includes ductless and central air with electric service.

Located in Bentonville, the home is near Creekside Park, which includes a regulation cricket field, pickleball courts, a dog park, splash pad, playground, and open recreational spaces.

Key Highlights

  • North‑facing duplex built in 2024
  • Two units with 3 bedrooms and 2.5 bathrooms each
  • Unfinished ~80 SF flex space for office, storage, or playroom

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
$25,722
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
4.13%
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%
$514,440 $514.4K
Cap Rate 7%
$367,457 $367.5K
Cap Rate 9%
$285,800 $285.8K
Market Conditions
NOI Build-Up for 2,818 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
$38.9K $13.80/SF
− Vacancy
−$2.1K −$0.76/SF
EGI
$36.7K $13.04/SF
− OpEx
−$11.0K −$3.91/SF
NOI
$25.7K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
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%
$514,440
Cap Rate 7%
$367,457
Cap Rate 9%
$285,800

Alternative Uses

Best Use
Multifamily LT 5
$367.5K
$321.5K – $428.7K (±1% cap)
NOI $25,722 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$327.9K
$286.9K – $382.5K (±1% cap)
NOI $22,951 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$774.4K
$677.6K – $903.5K (±1% cap)
NOI $54,208 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby

Demographics for 72713, AR

25,076
Population
10,752
Households
2.3
Avg Household Size
31
Median Age
58%
College-Educated
97%
High-School Grad
48.5 sq mi
ZIP Area
517
Density / Sq Mi
$117,752
Median Household Income
$72,491
Median Earnings
$1,302
Median Rent
$355,000
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 - Built in 2024, north-facing duplex with 3 bedrooms and 2.5 baths per unit plus rear covered patios.
Where is this duplex located?
The property is located at 1303 SW Poigai Bentonville, AR.
What is the asking price?
The asking price for this property is $623,000.
What are key features of this property?
This property features: North‑facing duplex built in 2024; Two units with 3 bedrooms and 2.5 bathrooms each; Unfinished ~80 SF flex space for office, storage, or playroom
More about this property
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