Three-Unit Triplex with
For Sale
$1,035,000
774 776 778 N Wordsworth Lane, Fayetteville, AR 72704
Residential, Fayetteville, AR
Property Size6,375 SF
Lot Size0.31 Acres
Price / SF$162.35
Days on Market108
Property Features for 774 776 778 N Wordsworth Lane
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 4
Parking features
Open, Garage
Window features
Blinds
Patio and Porch features
Patio
Interior features
Attic, CeilingFans, GraniteCounters, Pantry, Storage, WalkInClosets, WindowTreatments
Exterior features
ConcreteDriveway
Fencing
Privacy
Fireplace
1
Appliances
Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
Subdivision
Rupple Row Sub
Lot features
Central Business District, Cul De Sac, Landscaped, Level, Near Park, Subdivision
Elementary school district
Fayetteville
Middle school district
Fayetteville
High school district
Fayetteville
Directions
Get on I-49 S/US-71 S. Follow I-49 S/US-71 S to Fayetteville. Take exit 64 from I-49 S/US-71 S. Continue on AR-16 W/W Wedington Dr. Drive to N Wordsworth Ln
Standard status
Active
APN
765-25381-000
Size
6,375 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Description
Lot 165 Rupple Row Sub
Tax Annual Amount
8232
HOA Fee
$180 Monthly
Legal Description
Lot 165 Rupple Row Sub
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2014
Floors in Building
2
Number of units
3
Flooring type
Tile, Laminate, Carpet, Simulatedwood
Building materials
Brick, VinylSiding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Keller Williams Market Pro Realty · Keller Williams Realty
(479) 718-2800
Listed By:
Motus Group
(479) 601-1915
Added: May 21
Changed: Sep 1
Last Checked: Sep 5 at 6:06PM
MLS# 1348252
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.
Built in 2014, this Fayetteville triplex contains three residences totaling 6,375 square feet on 0.3138 acres. Each unit provides four bedrooms, three bathrooms, an attached two-car garage, walk-in closets, a pantry, storage, granite counters, and a patio. Interior finishes include laminate, tile, carpet, and simulated wood flooring, with central air and electric heating and cooling. Appliances include refrigerators, ranges, microwaves, dishwashers, disposals, washers, and dryers. Brick and vinyl siding, shingle roofing, privacy fencing, and a concrete driveway complete the improvements.
The property at 774, 776, and 778 N Wordsworth Lane is immediately adjacent to the Razorback Transit Bus Line, providing access to the University of Arkansas campus. Public water and public sewer serve the property, and all units are vacant.
The property at 774, 776, and 778 N Wordsworth Lane is immediately adjacent to the Razorback Transit Bus Line, providing access to the University of Arkansas campus. Public water and public sewer serve the property, and all units are vacant.
Key Highlights
- Three units, each with 4 bedrooms, 3 bathrooms, and an attached 2‑car garage
- 6,375 square feet across a 0.3138‑acre parcel
- All units are vacant
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
$57,370
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
5.54%
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%
$1,147,400
$1.1M
Cap Rate 7%
$819,571
$819.6K
Cap Rate 9%
$637,444
$637.4K
Market Conditions
NOI Build-Up for 6,375 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
$88.0K $13.80/SF
− Vacancy
−$6.0K −$0.94/SF
EGI
$82.0K $12.86/SF
− OpEx
−$24.6K −$3.86/SF
NOI
$57.4K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /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%
$1,147,400
Cap Rate 7%
$819,571
Cap Rate 9%
$637,444
Alternative Uses
Best Use
Multifamily LT 5
$819.6K
$717.1K – $956.2K
NOI $57,370 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$725.1K
$634.5K – $846.0K
NOI $50,759 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,781 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
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?
Triplex - Vacant residences offer four-bedroom layouts, private outdoor space, and convenient access to the Razorback Transit Bus Line.
Where is this triplex located?
The property is located at 774 776 778 N Wordsworth Lane Fayetteville, AR.
What is the asking price?
The asking price for this property is $1,035,000.
What are key features of this property?
This property features: Three units, each with 4 bedrooms, 3 bathrooms, and an attached 2‑car garage; 6,375 square feet across a 0.3138‑acre parcel; All units are vacant
