Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2901-2903 W 2nd Street Russellville, AR 72801

    View on Map
    Claim this Listing
    New
    For Sale
    $120,000

    MULTI_FAMILY - Russellville, AR

    Property size:
    1,740 SF
    Lot size:
    0.23 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 18 at 2:06 pm

    Property Features for 2901-2903 W 2nd Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3
    Parking features
    Carport, Covered
    Exterior features
    GravelDriveway
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    825-00051-000R
    Size
    1,740 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Description
    Lot 1 & 2, Block K, True F Smith Subdivision, City of Russellville, Pope County, Arkansas
    Tax Annual Amount
    729

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Ductless, Window Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Wood, Vinyl
    Building materials
    Brick
    Roof type
    Fiberglass, Shingle

    We can help!

    Listing Contact
    MD Rezaul Hady

    Listing agent MD Rezaul Hady License #SA00100936

    Listing office A Better Way Realty 701 S Arkansas Ave, Russellville, AR

    Listing date Apr 15, 2026

    MLS# 1343009 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.

    Overview

    Russellville Duplex: Investor Opportunity

    Located in Russellville, Arkansas, the duplex at 2901-2903 W 2nd Street presents an investor opportunity. The property, situated on a 0.23-acre lot, requires significant repairs and is being sold as-is. The building has 1740 square feet of space. The front half of both units needs floor system repair, including joists and subflooring. Some interior walls show signs of moisture damage, requiring remediation and restoration. Given the scope of repairs, this property is suited for experienced investors, contractors, or buyers looking to build equity through renovation. With improvements, this duplex has the potential to be a solid income-producing asset in a convenient Russellville location, with the opportunity to add value and reposition the property for long-term rental income or resale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Pope
    State
    Arkansas
    Longitude
    -93.163244
    Latitude
    35.285209

    Nearby Similar for Sale

    • $950,000
      13,576 SF

      Highway Commercial Property in Russellville

      Adaptable commercial space on 2 acres in high-traffic area.
      108 W Birch Street, Russellville, AR 72802
      View Details
    • $499,000
      8,000 SF

      Russellville Commercial Opportunity on Arkansas

      Commercial building and vacant lot on Arkansas Ave in Russellville.
      1600 S Arkansas Avenue, Russellville, AR 72801
      View Details
    • $645,000
      3,678 SF

      Versatile Commercial Property on West Main

      Prime office/business space with great visibility and convenient access.
      2802 W Main Street, Russellville, AR 72801
      View Details
    • $219,000
      2,702 SF

      Versatile Commercial Property in Russellville

      High-traffic location, suitable for retail, office, or service-based businesses.
      1615 S Arkansas Avenue, Russellville, AR 72801
      View Details
    • $695,000
      1,660 SF

      Restaurant Building in Prime Location

      High-visibility restaurant with drive-thru near Arkansas Tech University.
      1103 N Arkansas Avenue, Russellville, AR 72801
      View Details
    • $149,900
      2,046 SF

      Versatile Commercial Building on Highway 7

      Adaptable 2,046 sqft building ideal for diverse business uses.
      5187 N Arkansas Ave, Russellville, AR 72802
      View Details
    • $165,000
      1,808 SF

      Russellville Commercial Property For Sale

      Commercial property suitable for retail, office, or other uses.
      1015 N Arkansas Avenue, Russellville, AR 72801
      View Details
    • $545,000
      2,512 SF

      Versatile Commercial Space with Airbnb

      Commercial and residential opportunity near hospital, university, shopping, and downtown.
      1410 W Main Street, Russellville, AR 72801
      View Details
    • $269,900
      2,319 SF

      Charming Brick Duplex in Russellville

      Solid brick duplex with spacious units and large, fenced yards.
      2801-2803 W D Street, Russellville, AR 72801
      View Details
    • $289,900
      3,768 SF

      Russellville Triplex on Corner Lot

      Triplex in west Russellville with rental history and recent updates.
      3100 W E Street, Russellville, AR 72801
      View Details
    • $600,000
      4,864 SF

      Russellville Mobile Home Park Opportunity

      4.23-acre mobile home park with income and growth potential.
      235 Fields Street, Russellville, AR 72802
      View Details
    • $1,200,000
      12,400 SF

      West Russellville Commercial Complex

      Well-maintained commercial complex in a high-traffic location.
      2621 W Main Street, Russellville, AR 72801
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Russellville, AR, ideal for experienced investors.
    Where is this duplex located?
    The property is located at 2901-2903 W 2nd Street Russellville, AR.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Investor opportunity with potential for value‑add.; Duplex in a convenient Russellville location.; Potential for long‑term rental income or resale.
    (479) 264-3126
    We can help!
    Listing Contact
    MD Rezaul Hady
    Real Estate License ID: SA00100936
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!