Turnkey Bentonville Duplex
1603 Casuarina Unit 1 & 2 Drive Bentonville, AR 72713
1603 Casuarina Unit 1 & 2 Drive, Bentonville, AR, 72713
$656,000
For Sale
$656,000
MULTI_FAMILY - Bentonville, AR
Property Size2,914 SF
Lot Size0.20 Acres
Price / SF$225.12
Days on Market128
Property Features for 1603 Casuarina Unit 1 & 2 Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 3
- Parking features
- Garage, Open
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave
- Standard status
- Active
- APN
- 01-20679-000
- Size
- 2,914 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Description
- PLAT 6/22/2023 L202331395
- Tax Annual Amount
- 1476
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2024
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Concrete
- Roof type
- Asphalt, Shingle
Listing Agency
Keller Williams Market Pro Realty Branch Office
(479) 657-6797
3105 NE 11th Street, Suite 5, Fayetteville, AR
Listed by
Ketan Pandya · License #SA00086558
(479) 346-3374
Added: Mar 16 Updated: Jul 18 at 12:21 am Checked: Jul 21 at 2:06 am
MLS# 1339133
Listing URL
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 almost new, turnkey duplex is available for sale. The property features two units, each with 3 bedrooms and 2.5 bathrooms, and an attached 2-car garage. The property generates a gross annual income of $40,500. Its functional layout and desirable features make it attractive for tenants and support consistent rental demand. The property is located near shopping, dining, and major employers, in a location that continues to see strong housing demand. This property presents a solid investment opportunity in a growing market. The property is suitable for investors and buyers completing a 1031 exchange. The property contains 2914 square feet of space on a 0.2-acre lot.
Key Highlights
- 2024‑built 2‑unit duplex with an attached 2‑car garage plus open parking
- Gross annual income reported as $40,500 (per public remarks)
- Heating includes electric heat and central HVAC; cooling includes electric and central air
Local Financial Insights For Multifamily LT 5
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 | $40.2k | $13.80 |
| − Vacancy | −$2.2k | −$0.76 |
| EGI | $38.0k | $13.04 |
| − OpEx | −$11.4k | −$3.91 |
| NOI | $26.6k | $9.13 |
2,914 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.0K
$332.5K – $443.3K
NOI $26,598 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$339.0K
$296.7K – $395.6K
NOI $23,733 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$800.8K
$700.7K – $934.3K
NOI $56,055 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Almost new duplex in Bentonville, generating $40,500 gross annual income.
Where is this duplex located?
The property is located at 1603 Casuarina Unit 1 & 2 Drive Bentonville, AR.
What is the asking price?
The asking price for this property is $656,000.
What are key features of this property?
This property features: 2024‑built 2‑unit duplex with an attached 2‑car garage plus open parking; Gross annual income reported as $40,500 (per public remarks); Heating includes electric heat and central HVAC; cooling includes electric and central air
