Residential Income Duplex with
392 N Main Street Centerton, AR 72719
392 N Main Street, Centerton, AR, 72719
$400,000
For Sale
$400,000
MULTI_FAMILY - Centerton, AR
Property Size3,663 SF
Lot Size0.21 Acres
Price / SF$109.20
Days on Market516
Property Features for 392 N Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Carport
- Window features
- Blinds
- Patio and Porch features
- Deck
- Interior features
- Attic, CeilingFans, EatInKitchen, Storage, TileCountertop, TileCounters, WalkInClosets, WindowTreatments, InLawFloorplan, MultipleLivingAreas
- Exterior features
- ConcreteDriveway
- Fireplace
- 1
- Appliances
- ElectricRange, ElectricWaterHeater, RangeHood, SmoothCooktop
- Standard status
- Active
- APN
- 06-00095-000
- Size
- 3,663 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Description
- PLAT 1/10/1900 B-81
- Tax Annual Amount
- 2193
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas, Electric (Heating)
- Cooling system
- Central Air, Electric, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Wood, Tile, Carpet, Simulatedwood, Vinyl
- Building materials
- Frame
- Roof type
- Metal, Asphalt, Shingle
- Additional Structures
- Storage
Listing agency
Lindsey & Assoc Inc Branch
(479) 636-2200
Listed by
Sally Swick · License #EB00088306
(479) 986-4311
Added: Feb 21, 2025 Updated: Jul 18 at 12:21AM Checked: Jul 22 at 12:06AM
MLS# 1299312
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 residential income property features a primary home with five bedrooms and four bathrooms, including an open concept kitchen, dining, and living room with a gas fireplace and a primary suite on the lower level. The lower-level primary bedroom opens to a covered deck that wraps around the home. The upper level includes an additional living room, two bedrooms, a bathroom, and a bonus room that can serve as an office or gym. An attached in-law apartment provides a separate living setup with two bedrooms and two bathrooms, its own kitchen, living room, laundry room, and a primary bedroom with an ensuite, plus a second full bath.
The in-law unit has a private entrance and can also be accessed from the primary home. The entire property is fenced, and the apartment is currently rented on a month-to-month basis to a family member and can be vacated before closing.
The property is located within the Bentonville School district, and the seller notes it can be easily rezoned for commercial use.
The in-law unit has a private entrance and can also be accessed from the primary home. The entire property is fenced, and the apartment is currently rented on a month-to-month basis to a family member and can be vacated before closing.
The property is located within the Bentonville School district, and the seller notes it can be easily rezoned for commercial use.
Key Highlights
- 5‑bedroom, 4‑bath home with an attached in‑law apartment (2‑bedroom, 2‑bath) and private entrance
- Main home includes open kitchen/dining/living with a gas fireplace and primary suite on the lower level
- Covered deck wraps around the home, plus a fenced property and concrete driveway
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 | $50.5k | $13.80 |
| − Vacancy | −$2.8k | −$0.76 |
| EGI | $47.8k | $13.04 |
| − OpEx | −$14.3k | −$3.91 |
| NOI | $33.4k | $9.13 |
3,663 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$477.6K
$417.9K – $557.3K
NOI $33,435 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$426.2K
$372.9K – $497.2K
NOI $29,833 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$1.01M
$880.8K – $1.17M
NOI $70,463 @ 7.0% cap · market cap 17.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Main home with five bedrooms and an attached two-bedroom in-law unit, both with separate living areas and private entry.
Where is this duplex located?
The property is located at 392 N Main Street Centerton, AR.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 5‑bedroom, 4‑bath home with an attached in‑law apartment (2‑bedroom, 2‑bath) and private entrance; Main home includes open kitchen/dining/living with a gas fireplace and primary suite on the lower level; Covered deck wraps around the home, plus a fenced property and concrete driveway
