New Bentonville Duplex For
6501 & 6503 NW Altus Street Bentonville, AR 72713
6501 & 6503 NW Altus Street, Bentonville, AR, 72713
$489,950
For Sale
$489,950
MULTI_FAMILY - Bentonville, AR
Property Size2,502 SF
Lot Size0.48 Acres
Price / SF$195.82
Days on Market269
Property Features for 6501 & 6503 NW Altus Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2
- Parking features
- Open, Garage
- Exterior features
- ConcreteDriveway
- Appliances
- ElectricRange, ElectricWaterHeater, Disposal, Microwave
- Standard status
- Active
- APN
- 22-01394-000
- Size
- 2,502 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Description
- PLAT 11/3/2023 L202357176 & EMST PLAT 8/17/2023 L202342320(SEE ADMIN NTS)
- Tax Annual Amount
- 728
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Tile
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle
Listing agency
NextHome NWA Pro Realty
(479) 418-3000
Listed by
Patrick Kuhlman · License #SA00074566
(479) 877-0184
Added: Oct 28, 2025 Updated: Jul 18 at 12:21AM Checked: Jul 23 at 4:06AM
MLS# 1326842
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 is a turnkey duplex property located in Bentonville, Arkansas. The property is fully tenanted, with both sides leased at $1,395 per month each, generating a total monthly gross rent of $2,790. Each unit features 3 bedrooms, 2 bathrooms, and a 1-car garage. The property offers quality finishes, solid new construction, and no deferred maintenance. The property is located within the Bentonville school district and offers low-maintenance living. The property size is 2,502 square feet and the lot size is 0.48 acres. The property is intended for use as a multi-family residential income property. Up to $4,500 in closing credits are available with the preferred lender.
Key Highlights
- Brand‑new duplex under construction (2025) with both sides fully leased
- Each unit is a 3‑bedroom, 2‑bath layout with a 1‑car garage
- Current lease status: $1,395/month per side for $2,790/month total gross rent
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 | $34.5k | $13.80 |
| − Vacancy | −$1.9k | −$0.76 |
| EGI | $32.6k | $13.04 |
| − OpEx | −$9.8k | −$3.91 |
| NOI | $22.8k | $9.13 |
2,502 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$326.3K
$285.5K – $380.6K
NOI $22,838 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$291.1K
$254.7K – $339.6K
NOI $20,378 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$687.6K
$601.6K – $802.2K
NOI $48,130 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey duplex in Bentonville, fully leased and generating immediate income.
Where is this duplex located?
The property is located at 6501 & 6503 NW Altus Street Bentonville, AR.
What is the asking price?
The asking price for this property is $489,950.
What are key features of this property?
This property features: Brand‑new duplex under construction (2025) with both sides fully leased; Each unit is a 3‑bedroom, 2‑bath layout with a 1‑car garage; Current lease status: $1,395/month per side for $2,790/month total gross rent
