815 Pleasant Street, Springdale, AR 72764
MULTI_FAMILY - Springdale, AR
- Added:
- Apr 28, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 15 at 12:06 pm
Property Features for 815 Pleasant Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Interior features
- CeilingFans, EatInKitchen, WindowTreatments
- Exterior features
- ConcreteDriveway, GravelDriveway
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, RangeHood, PlumbedForIceMaker
- Standard status
- Active
- APN
- 815-27995-000
- Size
- 3,660 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Description
- PT LOT 9 E1/2 NE .33 A. FURTHER DESCRIBED FROM 2012-22849 AS: PART OF THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 35, TOWNSHIP 18 NORTH, RANGE 30 WEST, MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: BEGINNING AT A POINT 1307.28 FEET NORTH OF T HE S
- Tax Annual Amount
- 4066
Utilities
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1980
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Tile
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Lucirene Pinto License #SA00089256 (616) 780-3565
Listing office Lindsey & Assoc Inc Branch 3801 W Walnut, AR (479) 636-2200
Listing date Apr 28, 2026
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.
HighLights
- Brick 4‑plex built in 1980 with 4 residential units
- Natural gas heating with central air and window unit cooling
- Appliances include dishwasher, electric range, microwave, and range hood
- Plumbed for an ice maker and includes an electric water heater
- Flooring features vinyl and tile, with ceiling fans in the units
- Driveways include concrete and gravel
Overview
Located in Springdale in Washington County, the property is described as being near major employers, shopping, and dining, with quick access to I-49. The surrounding area is presented as a rental-focused corridor within the Springdale market.
For investors and buyers, the four separate units provide a built-in multi-unit structure for rental operations, portfolio building, or an owner-occupant strategy. The varied unit layouts can support a tenant mix across different household needs, while the low-maintenance orientation and functional floor plans are intended to support day-to-day manageability. If you’re looking for a residential income asset in Springdale, this 4-plex offers a complete, ready-to-deploy configuration for rental management.
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 | $50.5k | $13.80 |
| − Vacancy | −$3.5k | −$0.94 |
| EGI | $47.1k | $12.86 |
| − OpEx | −$14.1k | −$3.86 |
| NOI | $32.9k | $9.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springdale
- County
- Washington
- State
- Arkansas
- Longitude
- -94.14253
- Latitude
- 36.192436
