Duplex Tenant-Income
For Sale
$199,000
1501 Stafford Rd, Sherwood, AR 72120
MULTI_FAMILY - Sherwood, AR
Property Size2,304 SF
Lot Size0.20 Acres
Price / SF$86.37
Days on Market353
Property Features for 1501 Stafford Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Interior features
Washer Connection, Dryer Connection-Electric, Fan - Ceiling
Appliances
Free-Standing Stove, Electric Range, Dishwasher, Free-Standing Stove, Electric Range, Dishwasher
Subdivision
Royal Manor
Lot features
Sloped
Directions
From Kiehl Ave, Turn onto Pennwood Dr Turn Left onto Club Rd, then a Right onto Club Ln Turn Left onto Windchime, which turns into Pembrooke Left onto Stafford Last Duplex on the Left
Standard status
Active
APN
23S-049-00-035-00
Size
2,304 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
4/9
Tax Annual Amount
1788
Legal Description
4/9
Building Details
Year built
1980
Floors in Building
1
Number of units
2
Flooring type
Carpet - Partial, Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
CENTURY 21 Prestige Realty · Century 21 Real Estate
(501) 982-4574
Listed By:
John Belden Sr. · License #PB00068696
(501) 259-0555
Added: Aug 14, 2025
Changed: Jul 14
Last Checked: Aug 1 at 4:06PM
MLS# 25032451
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 for-sale duplex consists of two sides, and each side is configured as a 3-bedroom, 1-bath unit. The property is being sold “as-is, where-is,” and offers a tenant-occupied setup on both sides.
The duplex is located at 1501 Stafford Rd in Sherwood, Arkansas (72120) within Pulaski County. Showings require 24-hour notice and are pending tenant approval, which is important for scheduling access.
For investors or owner-operators seeking residential income exposure through a small duplex, this asset offers two separate units that are already tenant-occupied. With the property sold as-is, prospective buyers should plan to evaluate condition and suitability during due diligence while coordinating showings through the required tenant-approval process.
The duplex is located at 1501 Stafford Rd in Sherwood, Arkansas (72120) within Pulaski County. Showings require 24-hour notice and are pending tenant approval, which is important for scheduling access.
For investors or owner-operators seeking residential income exposure through a small duplex, this asset offers two separate units that are already tenant-occupied. With the property sold as-is, prospective buyers should plan to evaluate condition and suitability during due diligence while coordinating showings through the required tenant-approval process.
Key Highlights
- Two 3 bed/1 bath units, both sides currently tenant occupied
- Year built 1980
- Washer connection and electric dryer connection
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 | $33.5k | $14.52 |
| − Vacancy | −$1.9k | −$0.84 |
| EGI | $31.5k | $13.68 |
| − OpEx | −$14.2k | −$6.16 |
| NOI | $17.3k | $7.52 |
2,304 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$276.6K
$242.0K – $322.7K
NOI $19,362 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$247.6K
$216.7K – $288.9K
NOI $17,333 @ 7.0% cap · market cap 8.71%
Theoretical Best
Specialty Retail
$439.5K
$384.6K – $512.7K
NOI $30,764 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two tenant-occupied 3-bedroom units provide straightforward residential income potential.
Where is this duplex located?
The property is located at 1501 Stafford Rd 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: Two 3 bed/1 bath units, both sides currently tenant occupied; Year built 1980; Washer connection and electric dryer connection
