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Duplex with Attached Garages
For Sale
$397,500

3302 SW Landau Court, Bentonville, AR 72712

MULTI_FAMILY - Bentonville, AR

Property Size2,076 SF
Lot Size0.19 Acres
Price / SF$191.47
Days on Market30

Property Features for 3302 SW Landau Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 1
Parking features Garage
Exterior features ConcreteDriveway
Appliances GasWaterHeater
Subdivision Carriage Square Sub Bentonville
Lot features Central Business District, Subdivision
Directions From I-49, take Exit 85 for Walton Blvd and head west. Turn left onto SW Regional Airport Blvd, then right onto SW Bright Rd. Turn left onto SW Carriageway Ave, then right onto SW Landau Ct. The property at 3302 Landau Ct will be on your right.
Standard status Active
APN 01-10149-000
Size 2,076 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description PLAT P4-889 7/29/02.
Tax Annual Amount 2672
Legal Description PLAT P4-889 7/29/02.

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2003
Floors in Building 2
Number of units 2
Flooring type Vinyl
Building materials Brick, VinylSiding
Roof type Shingle
Listing Agency: Cook and Company
Listed By: Lance Cook · License #SA00087745
Added: Jul 23 Changed: Aug 4 Last Checked: Aug 21 at 2:06AM
MLS# 1356470

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 spacious 2-bedroom, 2-bath units. Each unit includes an attached 1-car garage for convenient storage and day-to-day use. One side has been newly renovated, while the property overall features central heating and central air for year-round comfort.

The home sits on a 0.19-acre lot and was built in 2003. Construction materials include brick and vinyl siding, with vinyl flooring and a shingle roof. Exterior amenities include a concrete driveway, and the property has a gas water heater.

With two separate units and attached garages, the layout can suit an owner-occupant or a tenant-occupied duplex setup, while the renovated side provides updated interior appeal.

Key Highlights

  • 0.19‑acre lot with 2,076 SF duplex
  • Two 2‑bedroom, 2‑bath units
  • Attached 1‑car garages for both units

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
$18,949
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
4.77%
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%
$378,980 $379.0K
Cap Rate 7%
$270,700 $270.7K
Cap Rate 9%
$210,544 $210.5K
Market Conditions
NOI Build-Up for 2,076 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
$28.6K $13.80/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$27.1K $13.04/SF
− OpEx
−$8.1K −$3.91/SF
NOI
$18.9K $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%
$378,980
Cap Rate 7%
$270,700
Cap Rate 9%
$210,544

Alternative Uses

Best Use
Multifamily LT 5
$270.7K
$236.9K – $315.8K (±1% cap)
NOI $18,949 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$241.5K
$211.4K – $281.8K (±1% cap)
NOI $16,908 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$570.5K
$499.2K – $665.6K (±1% cap)
NOI $39,935 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bedroom, 2-bath units each include an attached 1-car garage, with central HVAC and central air.
Where is this duplex located?
The property is located at 3302 SW Landau Court Bentonville, AR.
What is the asking price?
The asking price for this property is $397,500.
What are key features of this property?
This property features: 0.19‑acre lot with 2,076 SF duplex; Two 2‑bedroom, 2‑bath units; Attached 1‑car garages for both units
More about this property
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