509 & 511 N 37th Street Rogers, AR 72756
MULTI_FAMILY - Other - Rogers, AR
- Added:
- Apr 24, 2026
- Days on Market:
- 80
- Last Refresh:
- Jul 12 at 11:06 am
Property Features for 509 & 511 N 37th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 3
- Parking features
- Open, Garage
- Interior features
- CeilingFans, SolidSurfaceCounters
- Exterior features
- ConcreteDriveway
- Fencing
- Privacy
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricOven, Disposal, GasWaterHeater
- Standard status
- Active
- APN
- 02-07967-000
- Size
- 3,477 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Description
- STR 10-19-30
- Tax Annual Amount
- 1232
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Bob Orband License #SA00061791 (479) 659-1804
Listing office Lindsey & Assoc Inc Branch 3801 W Walnut, AR (479) 636-2200
Listing date Apr 24, 2026
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.
The property is located in Rogers, AR, at 509 & 511 N 37th Street (Benton County), providing convenient access to shopping, dining, schools, and other local amenities.
The duplex format is well suited for an owner-occupant seeking the flexibility to live in one unit while renting the other, or for an investor looking for a move-in ready residential income property. The fully fenced backyard adds practical outdoor space and privacy for residents on both sides, supporting everyday usability and tenant appeal. Seller preferred lender credit of $5,000 is included in the listing remarks.
Key Highlights
- Remodeled duplex with two units, each with 3 bedrooms and 2 full bathrooms
- Total of 3,477 sq. ft. with functional layouts and modern interior updates in both units
- Each unit includes a fireplace and solid‑surface counters
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 | $48.0k | $13.80 |
| − Vacancy | −$2.6k | −$0.76 |
| EGI | $45.3k | $13.04 |
| − OpEx | −$13.6k | −$3.91 |
| NOI | $31.7k | $9.13 |
