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Renovated Quadplex with Mixed Rentals
For Sale
$900,000

1308 SE C Street, Bentonville, AR 72712

Residential, Bentonville, AR

Property Size3,386 SF
Lot Size0.32 Acres
Price / SF$265.80
Days on Market69

Property Features for 1308 SE C Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features Driveway, Parking Lot
Appliances GasWaterHeater
Subdivision Banks Add Bentonville
Lot features Level, Near Park
Directions From I-49N, exit 86 and head West onto 14th St. Turn right onto SE C Street. Property will be on the left.
Standard status Active
APN 01-01201-000
Size 3,386 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Description Sec-Twp-Rng: 31-20-30 Lot/Block:44/1 Subdivision: BANKS ADD-BENTONVILLE
Tax Annual Amount 3674
Legal Description Sec-Twp-Rng: 31-20-30 Lot/Block:44/1 Subdivision: BANKS ADD-BENTONVILLE

Utilities

Heating system Natural Gas
Cooling system Electric

Building Details

Year built 1980
Floors in Building 1
Number of units 4
Flooring type Vinyl
Building materials Brick
Roof type Shingle
Listing Agency: eXp Realty NWA Branch
Listed By: Steven Young · License #EB00091843
Added: Jul 31 Changed: Sep 10 Last Checked: Oct 7 at 12:06PM
MLS# 1357219

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 3,386-square-foot quadplex, built in 1980, contains four residential units with two configured for short-term occupancy and two leased on a long-term basis. Three units have been renovated, while the remaining unit provides an unfinished value-add component. Improvements include an all-brick exterior, vinyl flooring, granite countertops, updated finishes, a shingle roof, natural gas heating, and electric cooling. On-site parking includes a driveway and parking lot.

The property occupies 0.32 acres at 1308 SE C Street in Bentonville, near Bentonville Square, The Momentary, 8th Street Market, and the Walmart Home Office. It was recently rezoned T-4.2, and a new city sidewalk is planned along the property.

Key Highlights

  • Four‑unit property totaling 3,386 square feet on 0.32 acres
  • Two short‑term rental units and two long‑term rental units
  • Three of four units renovated; one unit remains for value‑add work

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,907
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,140 $618.1K
Cap Rate 7%
$441,529 $441.5K
Cap Rate 9%
$343,411 $343.4K
Market Conditions
NOI Build-Up for 3,386 SF
Gross rent
$46.7K $13.80/SF
− Vacancy
−$2.6K −$0.76/SF
EGI
$44.2K $13.04/SF
− OpEx
−$13.2K −$3.91/SF
NOI
$30.9K $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 Rate 5%
$618,140
Cap Rate 7%
$441,529
Cap Rate 9%
$343,411

Alternative Uses

Best Use
Multifamily LT 5
$441.5K
$386.3K – $515.1K (±1% cap)
NOI $30,907 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$394.0K
$344.7K – $459.6K (±1% cap)
NOI $27,577 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$930.5K
$814.2K – $1.09M (±1% cap)
NOI $65,135 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Dental Office (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Furniture & Home Goods

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

Demographics for 72712, AR

38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
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

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

What type of property is this?
Quadplex - Four-unit property with updated interiors, brick construction, and a mix of short-term and long-term rental arrangements.
Where is this quadplex located?
The property is located at 1308 SE C Street Bentonville, AR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Four‑unit property totaling 3,386 square feet on 0.32 acres; Two short‑term rental units and two long‑term rental units; Three of four units renovated; one unit remains for value‑add work
More about this property
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