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Russellville Duplex: Investment Opportunity

701-703 E 11th Street Russellville, AR 72801

Claim this Listing
Pending
$214,000

MULTI_FAMILY - Russellville, AR

Property size:
1,920 SF
Added:
Jan 22, 2026
Days on Market:
171
Last Refresh:
Jul 12 at 12:06 pm

Property Features for 701-703 E 11th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking features
Carport
Patio and Porch features
Patio
Exterior features
ConcreteDriveway
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator
Standard status
Pending
APN
845-00090-000R
Size
1,920 SF

Taxes and HOA fees

Tax Description
ALL LOT 5 & 6 14 CITY OF RUSSELLVILLE
Tax Annual Amount
976

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1985
Floors in Building
1
Number of units
2
Flooring type
Laminate
Building materials
VinylSiding
Roof type
Fiberglass, Shingle

Listing agent Katie Barton License #SA00087333

Listing office Moore and Company REALTORS 103 W Parkway Dr Ste 2A, Russellville, AR

Listing date Jan 22, 2026

MLS# 1333855 Listing URL

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 well-maintained duplex, located at 701-703 E 11th Street in Russellville, Arkansas, presents an excellent investment opportunity. The property features two fully rented units, each containing 2 bedrooms and 1 full bathroom. Each unit also includes a full kitchen and comfortable living space. The layouts are practical, designed to attract long-term tenants. Both units have been well cared for and include new HVAC systems, providing efficiency. The property is situated in an established area of Russellville, offering convenient access to shopping, dining, schools, and local amenities. This property offers steady rental potential and low-maintenance ownership. The property size is 1920 square feet.

Key Highlights

  • Duplex at 701‑703 E 11th Street in Russellville with two fully rented units
  • Each unit has 2 bedrooms and 1 full bathroom, plus a full kitchen and living space
  • Central heating and central air, with new HVAC systems reported for both units

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 $19.6k $10.20
− Vacancy −$1.2k −$0.64
EGI $18.4k $9.56
− OpEx −$5.5k −$2.87
NOI $12.8k $6.69
1,920 SF · lease $10.20/SF/yr · vacancy 6.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$183.6K
$160.6K – $214.2K (±1% cap)
NOI $12,849 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$164.0K
$143.5K – $191.4K (±1% cap)
NOI $11,481 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$306.8K
$268.4K – $357.9K (±1% cap)
NOI $21,473 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Tech Support Center Pet Grooming Service Locksmith Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex in Russellville with two fully rented units.
Where is this duplex located?
The property is located at 701-703 E 11th Street Russellville, AR.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: Duplex at 701‑703 E 11th Street in Russellville with two fully rented units; Each unit has 2 bedrooms and 1 full bathroom, plus a full kitchen and living space; Central heating and central air, with new HVAC systems reported for both units
Contact an agent
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