246 & 248 E Anabranch Court, Farmington, AR 72730
MULTI_FAMILY - Ranch - Farmington, AR
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 246 & 248 E Anabranch Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4
- Parking features
- Garage
- Window features
- Vinyl Frames
- Patio and Porch features
- Patio
- Exterior features
- ConcreteDriveway
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater
- Standard status
- Active
- APN
- 760-03870-005
- Size
- 2,740 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Description
- Lot 5, Holland Crossing Duplexes
- Tax Annual Amount
- 3619
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Becky Lynch License #SA00076611 (479) 466-7184
Listing office Bassett Mix And Associates, Inc 3263 N College Ave, Fayetteville, AR (479) 521-5600
Listing date Jun 24, 2026
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
- 2018 brick ranch duplex with open‑concept layout
- 6 bedrooms and 4 bathrooms across the duplex (bedrooms 1–6, bathrooms 1–4)
- New laminate flooring and fresh interior paint, plus updated fencing
- Electric heating and electric cooling, with an electric water heater
- Appliances include dishwasher and electric range
- Public water and public sewer; concrete driveway with patio and garage parking
Overview
Located in Farmington, Arkansas, the home sits on a lot sized at 0.3784 acres. The public remarks describe convenient access to I-49 and proximity to schools, parks, trails, shopping, and dining, supporting everyday tenant convenience and owner-occupant usability.
For investors or owner-occupants, the key advantage is the ability to occupy one unit while renting the other, since one side is already occupied. The property is also described as qualifying for FHA, RD, and conventional financing, which may broaden financing options for qualified buyers. With the combination of recent interior updates and a duplex configuration, the building is a practical fit for buyers looking for a live-in-and-rent setup or an income-focused residential income property.
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 | $37.8k | $13.80 |
| − Vacancy | −$2.6k | −$0.94 |
| EGI | $35.2k | $12.86 |
| − OpEx | −$10.6k | −$3.86 |
| NOI | $24.7k | $9.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- Washington
- State
- Arkansas
- Longitude
- -94.229437
- Latitude
- 36.051133