Duplex with Wood
New
For Sale
$160,000
610 N Main, Searcy, AR 72143
Residential, Searcy, AR
Property Size1,008 SF
Lot Size0.10 Acres
Price / SF$158.73
Days on Market4
Property Features for 610 N Main
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Den
Interior features
Washer Connection, Dryer Connection-Electric
Appliances
Free-Standing Stove
Subdivision
Not In List
Lot features
Level, In Subdivision
Directions
At the corner intersection of Moore St and N Main St in Searcy
Standard status
Active
Size
1,008 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
A.F.A.-AROUND FEMALE ACADEMY
Tax Annual Amount
745
Legal Description
A.F.A.-AROUND FEMALE ACADEMY
Building Details
Year built
1950
Floors in Building
1
Flooring type
Vinyl, Wood
Roof type
Composition
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
John Holt
(501) 380-5353
Added: Aug 28
Last Checked: Aug 31 at 1:06PM
MLS# 26035265
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.
Located at 610 N Main in Searcy, this 1,008-square-foot duplex was built in 1950 and sits on a 0.1-acre lot. The interior includes four bedrooms, two bathrooms, and a den, with a mix of vinyl and wood flooring. A free-standing stove, washer connection, and electric dryer connection are provided, while the building has a composition roof.
The duplex is currently rented, with one long-term tenancy and another tenant set preparing to leave. The property offers a two-unit residential configuration with established occupancy and an existing layout suited to income-producing use.
The duplex is currently rented, with one long-term tenancy and another tenant set preparing to leave. The property offers a two-unit residential configuration with established occupancy and an existing layout suited to income-producing use.
Key Highlights
- Duplex configuration with 1,008 square feet of building area
- Four bedrooms, two bathrooms, and a den
- Situated on a 0.1‑acre lot
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
$5,874
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
3.67%
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%
$117,480
$117.5K
Cap Rate 7%
$83,914
$83.9K
Cap Rate 9%
$65,267
$65.3K
Market Conditions
NOI Build-Up for 1,008 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
$9.1K $9.00/SF
− Vacancy
−$680 −$0.68/SF
EGI
$8.4K $8.33/SF
− OpEx
−$2.5K −$2.50/SF
NOI
$5.9K $5.83/SF
Area
White County, AR
Vacancy
7.50%
Lease Rate
$9.00 /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%
$117,480
Cap Rate 7%
$83,914
Cap Rate 9%
$65,267
Alternative Uses
Best Use
Multifamily LT 5
$83.9K
$73.4K – $97.9K
NOI $5,874 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$77.8K
$68.1K – $90.8K
NOI $5,445 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$184.3K
$161.3K – $215.1K
NOI $12,904 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
978
Businesses Nearby
Explore this area
Business Placement
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom property with two bathrooms, a den, and washer and dryer connections.
Where is this duplex located?
The property is located at 610 N Main Searcy, AR.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Duplex configuration with 1,008 square feet of building area; Four bedrooms, two bathrooms, and a den; Situated on a 0.1‑acre lot
