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    Multifamily Development Opportunity Title is generated by Realmo AI

    1806 N C Street, Rogers, AR 72756

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    Claim this Listing
    For Sale
    $220,000

    MULTI_FAMILY - Rogers, AR

    Property size:
    1,320 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $166/SF
    Added:
    Apr 22, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 10 at 2:06 am

    Property Features for 1806 N C Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Carport
    Exterior features
    GravelDriveway
    Appliances
    ElectricWaterHeater
    Standard status
    Active
    APN
    02-00065-000
    Size
    1,320 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Description
    PT SE NW BEG 630.96' N - 860' W SE/C W 94' N 5.
    Tax Annual Amount
    1492

    Building Details

    Year built
    1976
    Floors in Building
    1
    Number of units
    3
    Building materials
    VinylSiding
    Roof type
    Shingle

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    Listing Contact
    Denise Contreras-Serrano
    Denise Contreras-Serrano

    Listing agent Denise Contreras-Serrano License #EB00080926

    Listing office DC Real Estate 2396 E 1st Ave, Bentonville, AR

    Listing date Apr 22, 2026

    MLS# 1343866 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.

    HighLights

    • Zoned multifamily: Ideal for development of multiple residences.
    • Four water meters on site: Streamlines utility setup for multiple units.
    • Existing construction started: Potential to complete an existing project rather than starting from scratch.
    • Development opportunity in a growing area: High potential for return on investment.
    • Vinyl siding: Durable and low‑maintenance exterior.
    • Carport: Covered parking available.

    Overview

    This multifamily property is zoned for multifamily use and represents a development opportunity with construction already started but requiring completion. It is being offered as-is, giving the next buyer flexibility to finish the existing build or clear the lot and pursue a new project. The property includes four water meters on site, supporting the utility needs for a multifamily development as currently configured.

    The asset is located at 1806 N C Street in Rogers, Arkansas, within Benton County (72756). The lot size is listed at 0.51 acres, and the property size is shown as 1,320 square feet. Zoning, permits, utilities, and intended use must be verified by the buyer with the City of Rogers.

    For investors and builders, this offering can fit teams looking for an active project to bring to completion, or those who prefer to start fresh on a multifamily-zoned parcel. Because the sale is as-is and the project is not yet finished, prospective buyers should plan for due diligence around permitting and utility considerations, including how the existing water meter setup aligns with the intended final design.

    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 $18.2k $13.80
    − Vacancy −$1.0k −$0.76
    EGI $17.2k $13.04
    − OpEx −$5.2k −$3.91
    NOI $12.0k $9.13
    1,320 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $172.1K
    $150.6K – $200.8K (±1% cap)
    NOI $12,049 @ 7.0% cap · market cap 5.48%
    Second Best
    Apartment 5plus
    $153.6K
    $134.4K – $179.2K (±1% cap)
    NOI $10,751 @ 7.0% cap · market cap 4.89%
    Theoretical Best
    Office A
    $362.7K
    $317.4K – $423.2K (±1% cap)
    NOI $25,392 @ 7.0% cap · market cap 11.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.111535
    Latitude
    36.350081

    FAQs

    What type of property is this?
    Triplex - Zoned multifamily site with construction already started and four on-site water meters, sold as-is.
    Where is this triplex located?
    The property is located at 1806 N C Street Rogers, AR.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Zoned multifamily: Ideal for development of multiple residences.; Four water meters on site: Streamlines utility setup for multiple units.; Existing construction started: Potential to complete an existing project rather than starting from scratch.
    More about this property
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