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Two-Unit Residential Income Property
For Sale
$199,000

1415-1417 Stafford, Sherwood, AR 72120

MULTI_FAMILY - Sherwood, AR

Property Size2,320 SF
Lot Size0.24 Acres
Price / SF$85.78
Days on Market322

Property Features for 1415-1417 Stafford

General Information

Property type Residential Multi Family
Property subtype Other
Appliances Free-Standing Stove, Free-Standing Stove
Subdivision Royal Manor
Lot features Level
Directions keihl to Stafford
Standard status Active
APN 23S-049-00-032-00
Size 2,320 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Blk4Lot6
Tax Annual Amount 1788
Legal Description Blk4Lot6

Building Details

Year built 1976
Floors in Building 1
Number of units 2
Flooring type Carpet - Partial, Tile
Roof type Composition
Architectural style Other
Listing Agency: CENTURY 21 Prestige Realty · Century 21 Real Estate
Listed By: John Belden Sr. · License #PB00068696
Added: Sep 14, 2025 Changed: Jul 29 Last Checked: Aug 1 at 4:06PM
MLS# 25037174

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.

Investment Insights

Based on property information with market context.

This listing presents a two-unit residential income property configured as a duplex. The offering totals 2,320 square feet of building area on a 0.24-acre lot, positioned at 1415-1417 Stafford in Sherwood, Arkansas (Pulaski County). The property is being marketed for sale.

The address includes a 1415-1417 frontage configuration, suggesting two distinct unit entries within the same duplex structure. While specific interior layouts, updates, or amenity details are not provided in the available information, the asset’s primary characteristic is its two-unit residential income design.

For buyers seeking a straightforward residential income approach, this duplex format can be a practical fit. The property’s compact lot and defined multi-family building footprint support an operator’s ability to manage two units under one ownership structure. Prospective buyers and tenant/broker teams should review the actual unit condition, floorplans, and rent-ready status during due diligence, as those details are not specified in the current materials.

Key Highlights

  • Year built: 1976
  • Roof: composition roof
  • Appliances include free‑standing stove

Financial Insights For Apartment 5plus

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 $33.7k $14.52
− Vacancy −$2.0k −$0.84
EGI $31.7k $13.68
− OpEx −$14.3k −$6.16
NOI $17.5k $7.52
2,320 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$278.5K
$243.7K – $325.0K (±1% cap)
NOI $19,497 @ 7.0% cap · market cap 9.80%
Second Best
Apartment 5plus
$249.3K
$218.2K – $290.9K (±1% cap)
NOI $17,453 @ 7.0% cap · market cap 8.77%
Theoretical Best
Specialty Retail
$442.5K
$387.2K – $516.3K (±1% cap)
NOI $30,978 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 72120, AR

34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - For sale duplex-style income property in Sherwood, offering two residential units within a compact lot.
Where is this duplex located?
The property is located at 1415-1417 Stafford Sherwood, AR.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Year built: 1976; Roof: composition roof; Appliances include free‑standing stove
More about this property
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