1606 Cedar ST, Van Buren, AR 72956
MULTI_FAMILY - Van Buren, AR
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 1606 Cedar ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage - Attached
- Standard status
- Active
- APN
- 700-04884-000
- Size
- 2,516 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- PER DOC#2017003010 FILED 3/31/2017: LOT 5 BLOCK 6 OAKLAND PLACE ADDITION TO THE CITY OF VAN BUREN, ARKANSAS.
- Tax Annual Amount
- 1596
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing agent The Price Group (479) 434-3000
Listing office Keller Williams Platinum Realty 3300 S 70th St., Fort Smith, AR (479) 434-3000
Listing date Jun 25, 2026
Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 2007 with two units
- Each unit offers 2 bedrooms and 2.5 bathrooms
- Each unit includes an attached one‑car garage
- Central heating and central air conditioning
- Vinyl flooring and shingle roofing
Overview
Located at 1606 Cedar St in Van Buren, Arkansas 72956, the property sits on approximately 0.17 acres. With a total size of about 2,516 square feet, the duplex format is straightforward for residential income management.
For buyers seeking a low-maintenance residential income setup, the appeal is the clear separation between two units and matching 2-bedroom/2.5-bath designs. The attached one-car garages per unit can be a practical benefit for tenant use, while the duplex structure also allows for the option to occupy one side and rent the other.
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 | $25.7k | $10.20 |
| − Vacancy | −$1.7k | −$0.66 |
| EGI | $24.0k | $9.54 |
| − OpEx | −$7.2k | −$2.86 |
| NOI | $16.8k | $6.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Van Buren
- County
- Crawford
- State
- Arkansas
- Longitude
- -94.342274
- Latitude
- 35.438275