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    Multifamily Investment Opportunity in White Hall Title is generated by Realmo AI

    14130 Dollarway Rd., White Hall, AR 71602

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    Claim this Listing
    For Sale
    $345,000

    MULTI_FAMILY - White Hall, AR

    Property size:
    5,064 SF
    Lot size:
    4.99 Acres
    Price / SF:
    $68/SF
    Added:
    Apr 6, 2026
    Days on Market:
    47
    Last Refresh:
    May 22 at 6:06 am

    Property Features for 14130 Dollarway Rd.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Bathrooms
    6
    Rooms
    Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 5, Bedroom 8, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 6, Bedroom 9, Bedroom 6, Bedroom 1, Bedroom 7
    Patio and Porch features
    Patio, Porch
    Interior features
    Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Closet - Walk In, Fan - Ceiling, Fireplace - Woodburning, Some Units, Primary Bedroom with Bath
    Exterior features
    Partially Fenced, Storage Building, Outside Storage Area, Storm Cellar, Patio, Porch
    Fencing
    Partial
    Fireplace
    1
    Appliances
    Free-Standing Stove, Electric Range, Dishwasher, Pantry, Free-Standing Stove, Electric Range, Dishwasher, Pantry
    Standard status
    Active
    Size
    5,064 SF
    Lot size
    4.99 Acres

    Taxes and HOA fees

    Tax Description
    243-00011-000, 243-00011-002
    Tax Annual Amount
    1516

    Building Details

    Year built
    2012
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Carpet - Partial, Vinyl
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Aaron Brown
    Aaron Brown

    Listing agent Aaron Brown

    Listing office Lunsford & Associates Realty Co. 7000 Jefferson Pkwy. Ste. E, White Hall, AR

    Listing date Apr 6, 2026

    MLS# 26013370 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Investment opportunity: Three 3‑bedroom/2‑bath properties, plus potential for a fourth rehab property.
    • Located on 4.99 acres, offering space for expansion or rural living.
    • Features a 38x50 storage building wired for 110v and 220v.
    • Includes a storm shelter for safety.
    • One of the properties (14136) is handicap accessible.
    • Two of the properties (14130 and 14134) include wood‑burning fireplaces.

    Overview

    This property in White Hall, Arkansas, presents an investment opportunity. It includes three residential properties: a 1,848-square-foot house built in 2005, featuring three bedrooms, two bathrooms, and a wood-burning fireplace; a 1,680-square-foot house built in 1996, also with three bedrooms, two bathrooms, and a wood-burning fireplace; and a 1,536-square-foot handicap-accessible house built in 2014. Additionally, the property features a 38x50 storage building wired for 110v and 220v, and a storm shelter. There is also a 1,176-square-foot structure built in 1971 that could potentially be renovated into a fourth house. The entire property is situated on 4.99 acres, offering space for additional development or enjoying a rural setting near town. The total size of the included properties is 5,064 square feet.

    Financial Insights

    Value Estimation Calculated for Apartment 5plus

    Conservative
    $335.0K
    NOI $30,147 @ 9.00% cap · cautious / downside scenario
    Moderate
    $430.7K
    NOI $30,147 @ 7.00% cap · market / base-case scenario
    Aggressive
    $602.9K
    NOI $30,147 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Apartment 5plus

    Component $ $/SF
    Gross rent $60.8k $12.00
    − Vacancy −$6.0k −$1.18
    EGI $54.8k $10.82
    − OpEx −$24.7k −$4.87
    NOI $30.1k $5.95
    5,064 SF · lease $12.00/SF/yr · vacancy 9.80% · expense 45.00%

    Alternative Use Scenarios

    Best Use
    Apartment 5plus
    $430.7K
    $376.8K – $502.5K (±1% cap)
    NOI $30,147 @ 7.0% cap · market cap 8.74%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.30M
    $1.14M – $1.51M (±1% cap)
    NOI $90,883 @ 7.0% cap · market cap 26.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Auto Repair Shop Auto Parts Store Food Market Grocery & Convenience Store Bar & Pub Electrical Service Electronics & Wireless Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    White Hall
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.14474
    Latitude
    34.34989

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    FAQs

    What type of property is this?
    Multifamily property - Three residential properties with potential for additional development.
    Where is this multifamily property located?
    The property is located at 14130 Dollarway Rd. White Hall, AR.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: Investment opportunity: Three 3‑bedroom/2‑bath properties, plus potential for a fourth rehab property.; Located on 4.99 acres, offering space for expansion or rural living.; Features a 38x50 storage building wired for 110v and 220v.
    (870) 329-5773
    We can help!
    Listing Contact
    Aaron Brown
    Aaron Brown
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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