Duplex with Large
For Sale
$399,999
1813 & 1815 S 14th Place, Rogers, AR 72758
MULTI_FAMILY - Rogers, AR
Property Size2,516 SF
Lot Size0.32 Acres
Price / SF$158.98
Days on Market86
Property Features for 1813 & 1815 S 14th Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Exterior features
UnpavedDriveway
Fencing
Privacy
Appliances
Dishwasher, ElectricOven, ElectricWaterHeater, Refrigerator
Lot features
Cleared, Level
Directions
south I-49 take exit 83 toward pinnacle hills parkway turn left onto south 52nd st. use the left two lanes to turn left onto new hope rd. turn left onto south 14th place. duplex on the right.
Standard status
Active
APN
02-03281-003
Size
2,516 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Description
0203281003
Tax Annual Amount
2164
Legal Description
0203281003
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1989
Floors in Building
1
Number of units
2
Flooring type
Tile, Laminate
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency:
Venture Group Real Estate
(417) 621-1883
Listed By:
Shauna Norris · License #2019046822
(417) 621-1883
Added: May 31
Changed: Aug 4
Last Checked: Aug 24 at 7:06PM
MLS# 1349359
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 duplex includes two units, with each side offering two bedrooms and two full bathrooms. The floor plans are described as functional, with comfortable living spaces. The property totals 2,516 square feet and sits on a 0.32-acre lot with a large backyard. Exterior features include an unpaved driveway and privacy fencing.
The building is constructed with brick and vinyl siding and has a shingle roof. Heating is central electric, and cooling is electric central air. The home connects to public water.
Appliances listed include a dishwasher, electric oven, electric water heater, and refrigerator. Built in 1989, the duplex is equipped with laminate and tile flooring.
The building is constructed with brick and vinyl siding and has a shingle roof. Heating is central electric, and cooling is electric central air. The home connects to public water.
Appliances listed include a dishwasher, electric oven, electric water heater, and refrigerator. Built in 1989, the duplex is equipped with laminate and tile flooring.
Key Highlights
- 2‑unit duplex totaling 2,516 SF on a 0.32‑acre lot
- Each side features 2 bedrooms and 2 full bathrooms
- Large backyard for outdoor use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,965
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,300
$459.3K
Cap Rate 7%
$328,071
$328.1K
Cap Rate 9%
$255,167
$255.2K
Market Conditions
NOI Build-Up for 2,516 SF
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.
Gross rent
$34.7K $13.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$32.8K $13.04/SF
− OpEx
−$9.8K −$3.91/SF
NOI
$23.0K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,300
Cap Rate 7%
$328,071
Cap Rate 9%
$255,167
Alternative Uses
Best Use
Multifamily LT 5
$328.1K
$287.1K – $382.8K
NOI $22,965 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$292.7K
$256.2K – $341.5K
NOI $20,492 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$691.4K
$605.0K – $806.7K
NOI $48,399 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 72758, AR
45,105
Population
18,145
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
88%
High-School Grad
31.3 sq mi
ZIP Area
1,441
Density / Sq Mi
$94,605
Median Household Income
$49,856
Median Earnings
$1,300
Median Rent
$358,200
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-unit duplex on 0.32 acres featuring two bedrooms and two full bathrooms on each side, plus a large backyard.
Where is this duplex located?
The property is located at 1813 & 1815 S 14th Place Rogers, AR.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 2‑unit duplex totaling 2,516 SF on a 0.32‑acre lot; Each side features 2 bedrooms and 2 full bathrooms; Large backyard for outdoor use
