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Updated Duplex with New HVAC
For Sale
$359,900

2000 A & B Dee Avenue, Springdale, AR 72762

MULTI_FAMILY - Springdale, AR

Property Size1,768 SF
Lot Size0.37 Acres
Price / SF$203.56
Days on Market159

Property Features for 2000 A & B Dee Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Multi Family
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bathroom 1, Bedroom 1
Window features Blinds
Interior features CeilingFans, Pantry, WindowTreatments
Exterior features ConcreteDriveway
Appliances Disposal, GasRange, GasWaterHeater, RangeHood
Subdivision West Emma Gardens Add I
Lot features Corner Lot
Elementary school district Springdale
Middle school district Springdale
High school district Springdale
Directions From HWY 49, turn right onto Cambell. The property is located on the corner. From 71B heading toward Huntsville, turn left onto Cambell. The property will be on the corner.
Standard status Active
APN 815-26465-000
Size 1,768 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Description Lot 18 West Emma Gardens Add
Tax Annual Amount 730
Legal Description Lot 18 West Emma Gardens Add

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1969
Floors in Building 1
Number of units 2
Flooring type Simulatedwood, Laminate, Tile, Vinyl
Building materials Brick
Roof type Shingle, Asphalt
Listing Agency: The Griffin Company Commercial Division-Springdale · Weichert
Listed By: Marcy Chavez · License #SA59605-D01
Added: Mar 14 Changed: Aug 2 Last Checked: Aug 19 at 9:06AM
MLS# 1339465

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 brick duplex on a concrete driveway offers two separate living units with interior comforts including ceiling fans, pantry space, and window treatments. The property was built in 1969 and features natural gas heating with central air and electric cooling. Flooring materials include simulated wood, laminate, tile, and vinyl.

Unit A has been updated with a new kitchen sink, updated flooring, fresh paint, and new heating and A/C units. Hot water heaters are also new, and the sewer line from the street to the duplex has been completely replaced. Public water and public sewer services are in place.

Outside, the property sits on a 0.37-acre lot and totals 1,768 square feet of building area. The roof is asphalt shingles.

The current tenant is on a month-to-month lease.

Key Highlights

  • Unit A updates include new kitchen sink, updated flooring, and fresh paint
  • New heating and A/C units for Unit A
  • New hot water heaters plus sewer line replacement from the street to the duplex

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
$15,911
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
4.42%
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%
$318,220 $318.2K
Cap Rate 7%
$227,300 $227.3K
Cap Rate 9%
$176,789 $176.8K
Market Conditions
NOI Build-Up for 1,768 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
$24.4K $13.80/SF
− Vacancy
−$1.7K −$0.94/SF
EGI
$22.7K $12.86/SF
− OpEx
−$6.8K −$3.86/SF
NOI
$15.9K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
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%
$318,220
Cap Rate 7%
$227,300
Cap Rate 9%
$176,789

Alternative Uses

Best Use
Multifamily LT 5
$227.3K
$198.9K – $265.2K (±1% cap)
NOI $15,911 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$201.1K
$176.0K – $234.6K (±1% cap)
NOI $14,077 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$474.6K
$415.2K – $553.7K (±1% cap)
NOI $33,219 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 72762, AR

42,175
Population
17,270
Households
2.4
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
58.1 sq mi
ZIP Area
726
Density / Sq Mi
$80,678
Median Household Income
$42,066
Median Earnings
$1,118
Median Rent
$278,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick duplex featuring updated Unit A with new heating and A/C, plus new hot water heaters and replaced sewer line.
Where is this duplex located?
The property is located at 2000 A & B Dee Avenue Springdale, AR.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Unit A updates include new kitchen sink, updated flooring, and fresh paint; New heating and A/C units for Unit A; New hot water heaters plus sewer line replacement from the street to the duplex
More about this property
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