Duplex Investment
544-550 Oliver Street Conway, AR 72034
544-550 Oliver Street, Conway, AR, 72034
$410,000
For Sale
$410,000
MULTI_FAMILY - Conway, AR
Property Size3,760 SF
Price / SF$109.04
Days on Market14
Property Features for 544-550 Oliver Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 2
- Interior features
- Washer Connection, Dryer Connection-Gas, Hot Water Heater-Gas, Fan - Ceiling
- Appliances
- Free-Standing Stove, Dishwasher, Free-Standing Stove, Dishwasher
- Standard status
- Active
- Size
- 3,760 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PT 13,14,15 BLK49 ROBINSONS PL
- Tax Annual Amount
- 2651
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Vinyl, Carpet - Full, Carpet - Partial, Tile
- Roof type
- Composition
- Architectural style
- Other
Listing agency
Dunaway and Hart, Inc.
(501) 327-2121
Listed by
Mitch Hart · License #PB00043809
(501) 626-2121
Added: Jul 9 Updated: Jul 16 at 3:16AM Checked: Jul 22 at 1:06PM
MLS# 26027630
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 for-sale duplex investment portfolio includes two side-by-side duplex properties, totaling four residential units. Each unit is configured as a 2-bedroom, 1-bath layout, and all units are reported fully occupied. The portfolio is offered at 544-546 Oliver St and 548-550 Oliver St, with each property described as approximately 1,880 square feet and built around 1982.
The properties are located in Conway, Arkansas in Faulkner County, with street addresses provided for both duplex buildings: 544-546 Oliver Street (72034) and 548-550 Oliver Street (72034).
The properties are located in Conway, Arkansas in Faulkner County, with street addresses provided for both duplex buildings: 544-546 Oliver Street (72034) and 548-550 Oliver Street (72034).
Key Highlights
- Two side‑by‑side duplexes in downtown Conway, Arkansas, featuring four fully occupied 2‑bedroom, 1‑bath units
- 544–546 Oliver St: 1,880 SF duplex built +/- 1982
- 548–550 Oliver St: 1,880 SF duplex built +/- 1982
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 | $38.4k | $10.20 |
| − Vacancy | −$2.2k | −$0.59 |
| EGI | $36.1k | $9.61 |
| − OpEx | −$10.8k | −$2.88 |
| NOI | $25.3k | $6.73 |
3,760 SF · lease $10.20/SF/yr · vacancy 5.79% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$361.3K
$316.2K – $421.5K
NOI $25,292 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$322.9K
$282.5K – $376.7K
NOI $22,603 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$857.6K
$750.4K – $1.00M
NOI $60,033 @ 7.0% cap · market cap 14.64%
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?
Multifamily property - Two side-by-side duplexes with four occupied 2-bedroom, 1-bath units, built circa 1982.
Where is this multifamily property located?
The property is located at 544-550 Oliver Street Conway, AR.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two side‑by‑side duplexes in downtown Conway, Arkansas, featuring four fully occupied 2‑bedroom, 1‑bath units; 544–546 Oliver St: 1,880 SF duplex built +/- 1982; 548–550 Oliver St: 1,880 SF duplex built +/- 1982
