For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Unit Duplex Investment Property Title is generated by Realmo AI

    27 Martin Luther King Jr Boulevard, Fayetteville, AR 72701

    View on Map
    Claim this Listing
    For Sale
    $279,000

    MULTI_FAMILY - Fayetteville, AR

    Property size:
    1,624 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $171/SF
    Added:
    May 20, 2026
    Days on Market:
    39
    Last Refresh:
    Jun 27 at 11:06 pm

    Property Features for 27 Martin Luther King Jr Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 1
    Parking features
    Garage, Parking Lot, Driveway
    Security features
    Security
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    765-07054-000
    Size
    1,624 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Description
    EAST 30 FT LOT 4 WEST 45 FT LOT 5 BL 7 ALSO PT ALLEY (7 X 75)
    Tax Annual Amount
    1960

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1926
    Floors in Building
    1
    Number of units
    2
    Building materials
    WoodSiding
    Roof type
    Metal

    We can help!

    Contact an agent
    Laycee Maupin

    Listing agent Laycee Maupin License #SA00089382

    Listing office Local Living Real Estate 100 N Harris St, Huntsville, AR

    Listing date May 20, 2026

    MLS# 1348136 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

    • Duplex in Fayetteville built in 1926 (sold AS‑IS, WHERE‑IS; no seller property disclosure).
    • Front unit layout: 2 bedrooms and 1 bathroom.
    • Back unit layout: 2 bedrooms and 1 bathroom.
    • Metal roof and wood siding.
    • Cooling provided via window unit(s).
    • Parking and storage include a detached garage, plus driveway and parking lot.

    Overview

    This duplex features two separate residential units, each with two bedrooms and one bathroom. The property also includes a detached garage that can provide on-site storage and may support future utility depending on a buyer’s plans. The seller is offering the home as-is, where-is, with no seller property disclosure provided since the seller has never occupied the property.

    The property is located at 27 Martin Luther King Jr Boulevard in Fayetteville, Arkansas, within Washington County. The listing describes convenient proximity to shopping, dining, and the University of Arkansas, as well as access to the broader Fayetteville area.

    With a straightforward two-unit layout, this property may appeal to buyers seeking a small residential income asset. Each unit’s similar bedroom and bath configuration can simplify property management and leasing considerations, while the detached garage adds practical space for storage. Buyers should review the as-is condition and confirm details during due diligence.

    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 $22.4k $13.80
    − Vacancy −$1.5k −$0.94
    EGI $20.9k $12.86
    − OpEx −$6.3k −$3.86
    NOI $14.6k $9.00
    1,624 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $208.8K
    $182.7K – $243.6K (±1% cap)
    NOI $14,615 @ 7.0% cap · market cap 5.24%
    Second Best
    Apartment 5plus
    $184.7K
    $161.6K – $215.5K (±1% cap)
    NOI $12,931 @ 7.0% cap · market cap 4.63%
    Theoretical Best
    Office A
    $435.9K
    $381.4K – $508.6K (±1% cap)
    NOI $30,514 @ 7.0% cap · market cap 10.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.159102
    Latitude
    36.056076

    FAQs

    What type of property is this?
    Duplex - Duplex with two 2-bedroom, 1-bath units plus a detached garage, sold as-is for income-focused buyers.
    Where is this duplex located?
    The property is located at 27 Martin Luther King Jr Boulevard Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: Duplex in Fayetteville built in 1926 (sold AS‑IS, WHERE‑IS; no seller property disclosure).; Front unit layout: 2 bedrooms and 1 bathroom.; Back unit layout: 2 bedrooms and 1 bathroom.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message