Fully Leased Duplex with Private Backyards

211 Ravenwood Boulevard Siloam Springs, AR 72761

Claim this Listing
For Sale
$429,000

MULTI_FAMILY - Siloam Springs, AR

Property size:
2,820 SF
Lot size:
0.29 Acres
Price / SF:
$152/SF
Added:
Jun 19, 2026
Days on Market:
23
Last Refresh:
Jul 11 at 12:06 am

Property Features for 211 Ravenwood Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
Parking features
Garage
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
Dryer, Dishwasher, ElectricCooktop, ElectricOven, Disposal, GasWaterHeater, IceMaker, Microwave, Refrigerator, Washer
Standard status
Active
APN
03-04730-000
Size
2,820 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Description
PLAT P4-197.
Tax Annual Amount
2595

Utilities

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

Building Details

Year built
2002
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Brick
Roof type
Shingle

Listing agent Jared Carrell License #SA00089525

Listing office Sanderson & Associates Real Estate 2125 E Main St, Siloam Springs, AR

Listing date Jun 19, 2026

MLS# 1352648 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 duplex offers two separate, mirror-style 2-bedroom, 2-bath units totaling 2,820 square feet. Each unit features an open-concept layout with generous living areas and large kitchens, supported by a functional everyday floorplan. Furnishings and key appliances are included, with all major kitchen and laundry appliances conveying, including refrigerators, dishwashers, ranges, microwaves, garbage disposals, washers, and dryers. Recent improvements include a brand-new roof completed in May 2026 and luxury vinyl plank flooring installed throughout both units in October 2025. Both residences also come with their own private fenced backyards.

Located at 211 Ravenwood Boulevard in Siloam Springs, the property is part of the Ravenwood subdivision. The asset sits on a 0.29-acre lot.

The duplex is fully leased, with both units occupied under one-year leases that began in September 2025 and November 2025, providing immediate rental occupancy for an owner-operator or investor. With recent capital updates and a turnkey appliance package already in place, the property is designed for straightforward management and comfortable tenant use from day one.

Key Highlights

  • Fully leased duplex with two 2‑bedroom, 2‑bath units totaling 2,820 SF
  • Rental income of $1,350/month per unit on one‑year leases (began Sept 2025 and Nov 2025)
  • Brand‑new roof completed May 2026 and luxury vinyl plank flooring installed throughout in Oct 2025

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 $38.9k $13.80
− Vacancy −$2.1k −$0.76
EGI $36.8k $13.04
− OpEx −$11.0k −$3.91
NOI $25.7k $9.13
2,820 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$367.7K
$321.8K – $429.0K (±1% cap)
NOI $25,740 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$328.1K
$287.1K – $382.8K (±1% cap)
NOI $22,968 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$775.0K
$678.1K – $904.1K (±1% cap)
NOI $54,247 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Plumbing Service Pharmacy Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two leased 2-bedroom units with fenced yards and recent roof and flooring updates.
Where is this duplex located?
The property is located at 211 Ravenwood Boulevard Siloam Springs, AR.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Fully leased duplex with two 2‑bedroom, 2‑bath units totaling 2,820 SF; Rental income of $1,350/month per unit on one‑year leases (began Sept 2025 and Nov 2025); Brand‑new roof completed May 2026 and luxury vinyl plank flooring installed throughout in Oct 2025
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