Duplex with Fireplace and
For Sale
$649,000
3211 Cardinal Creek Circle, Bentonville, AR 72712
Residential, Bentonville, AR
Property Size2,880 SF
Lot Size1.03 Acres
Price / SF$225.35
Days on Market71
Property Features for 3211 Cardinal Creek Circle
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 1, Bathroom 2, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 4, Basement, Bathroom 4, Bathroom 3
Parking features
Parking Lot
Security features
Security
Window features
Drapes, Blinds
Patio and Porch features
Porch, Deck
Interior features
CeilingFans, EatInKitchen, ProgrammableThermostat, WalkInClosets, WindowTreatments
Exterior features
ConcreteDriveway
Fireplace
1
Appliances
Dishwasher, ElectricRange, Disposal, GasWaterHeater, RangeHood, PlumbedForIceMaker
Subdivision
Lance Add, The Bentonville
Lot features
City Lot, Landscaped, Rolling Slope, Subdivision, Sloped, Wooded
Elementary school district
Bentonville
Middle school district
Bentonville
High school district
Bentonville
Directions
From 540 in Bella Vista / S on Walton, turn on Foxfire @ Cardinal Creek sign / Follow up hill, property will be on left. OR From Bentonville / N on Walton to Foxfire @ Cardinal Creek sign, follow to right & property is on left.
Standard status
Active
APN
01-05215-000
Size
2,880 SF
Lot size
1.03 Acres
Taxes and HOA fees
Tax Description
A PART OF LOT "A", BLOCK 4 OF CARDINAL CREEK, PHASE I, AND A PART OF LOT 11 OF LANCE ADDITION, CITY OF BENTONVILLE, BENTON COUNTY, ARKANSAS, AND MORE PARTICULARLY DESCRIBED AS: BEGINNING AT THE SW CORNER OF SAID LOT 11, SAID POINT BEING ON THE EASTER LY R
Tax Annual Amount
3731
Legal Description
A PART OF LOT "A", BLOCK 4 OF CARDINAL CREEK, PHASE I, AND A PART OF LOT 11 OF LANCE ADDITION, CITY OF BENTONVILLE, BENTON COUNTY, ARKANSAS, AND MORE PARTICULARLY DESCRIBED AS: BEGINNING AT THE SW CORNER OF SAID LOT 11, SAID POINT BEING ON THE EASTER LY R
Utilities
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
fireplace with blowers
decks
firepit
Building Details
Year built
1989
Floors in Building
2
Number of units
2
Flooring type
Simulatedwood, Laminate, Tile, Carpet
Building materials
Brick, VinylSiding
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
Lindsey & Assoc Inc Branch
(479) 636-2200
Listed By:
Topher Moore · License #AB00051141
(479) 246-1684
Added: Jun 18
Changed: Aug 19
Last Checked: Aug 27 at 2:06AM
MLS# 1352374
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 features a brick and vinyl siding exterior and is described as having a main floor built for everyday living, including an eat-in kitchen, living area with a fireplace with blowers, a utility area, and a guest half bath. The layout is described as three bedrooms and two and a half baths per side, with a lower level that includes three bedrooms and two baths. Interior details include ceiling fans, programmable thermostat, walk-in closets, and window treatments. Appliances include a dishwasher, electric range, disposal, range hood, and a gas water heater, and the property is served by public water.
Set on 1.03 acres with concrete driveway and a parking lot, the home offers porch and deck space, with outdoor privacy in the back that’s described as accommodating a firepit and entertaining.
Built in 1989, this property is presented as a flexible option for an owner-occupant or tenant strategy, including the ability to live in one side and use the other side as a short-term rental. Updates have been made through the years by the owners.
Set on 1.03 acres with concrete driveway and a parking lot, the home offers porch and deck space, with outdoor privacy in the back that’s described as accommodating a firepit and entertaining.
Built in 1989, this property is presented as a flexible option for an owner-occupant or tenant strategy, including the ability to live in one side and use the other side as a short-term rental. Updates have been made through the years by the owners.
Key Highlights
- 1.03‑acre duplex lot with concrete driveway and parking lot
- Described as three bedrooms and two and a half baths per side
- Lower level described with three bedrooms and two baths
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
$26,288
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
4.05%
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%
$525,760
$525.8K
Cap Rate 7%
$375,543
$375.5K
Cap Rate 9%
$292,089
$292.1K
Market Conditions
NOI Build-Up for 2,880 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
$39.7K $13.80/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$37.6K $13.04/SF
− OpEx
−$11.3K −$3.91/SF
NOI
$26.3K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
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%
$525,760
Cap Rate 7%
$375,543
Cap Rate 9%
$292,089
Alternative Uses
Best Use
Multifamily LT 5
$375.5K
$328.6K – $438.1K
NOI $26,288 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$335.1K
$293.2K – $390.9K
NOI $23,456 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$791.4K
$692.5K – $923.4K
NOI $55,401 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 1989, this brick duplex includes central HVAC and a fireplace, with decks and porches for outdoor living.
Where is this duplex located?
The property is located at 3211 Cardinal Creek Circle Bentonville, AR.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 1.03‑acre duplex lot with concrete driveway and parking lot; Described as three bedrooms and two and a half baths per side; Lower level described with three bedrooms and two baths
