Greenwood Duplex For
518 N Coker ST Unit #A & B Greenwood, AR 72936
518 N Coker ST Unit #A & B, Greenwood, AR, 72936
$285,000
For Sale
$285,000
MULTI_FAMILY - Greenwood, AR
Property Size1,856 SF
Lot Size0.19 Acres
Price / SF$153.56
Days on Market494
Property Features for 518 N Coker ST Unit #A & B
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 65323-0012-00002-00
- Size
- 1,856 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- LT 9 BLK B Johnson-Greenwood
- Tax Annual Amount
- 2896
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2022
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate
- Roof type
- Shingle
Listing agency
Chuck Fawcett Realty Greenwood branch
(479) 996-5477
Listed by
Larry Stanfill · License #EB00052037
(479) 484-5588
Added: Mar 17, 2025 Updated: May 14 at 2:57PM Checked: Jul 23 at 7:06AM
MLS# 1079642
Copyright © 2026 Western River Valley Board of REALTORS®. 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 newer duplex property features two units, each with 2 bedrooms and 1.5 bathrooms. Each unit is currently rented for $950 per month, with an option for $1,000 per month with a pet. Each unit includes two concrete parking spaces. The units are total electric and connected to city water and sewer, with all utilities paid by the tenant. Kitchens are equipped with stainless-steel appliances, and each unit includes a stackable washer and dryer. The property is situated on a 0.19-acre lot and has a total size of 1856 square feet. Located in Greenwood, Arkansas, the property is conveniently located just blocks from the school.
Key Highlights
- Newer construction (built in 2022)
- Two units, each with 2 bedrooms and 1.5 baths
- Each unit includes stainless steel appliances, a stackable washer and dryer, and 2 parking spaces
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 | $18.9k | $10.20 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $17.6k | $9.47 |
| − OpEx | −$5.3k | −$2.84 |
| NOI | $12.3k | $6.63 |
1,856 SF · lease $10.20/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$175.8K
$153.9K – $205.1K
NOI $12,308 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$157.0K
$137.4K – $183.2K
NOI $10,991 @ 7.0% cap · market cap 3.86%
Theoretical Best
Healthcare Medical
$394.9K
$345.5K – $460.7K
NOI $27,642 @ 7.0% cap · market cap 9.70%
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 - Newer duplex in great location near school. Fully leased.
Where is this duplex located?
The property is located at 518 N Coker ST Unit #A & B Greenwood, AR.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Newer construction (built in 2022); Two units, each with 2 bedrooms and 1.5 baths; Each unit includes stainless steel appliances, a stackable washer and dryer, and 2 parking spaces
