Centerton Duplex: Investment
860 & 862 Oakwood Court, Centerton, AR 72719
MULTI_FAMILY - Centerton, AR
Property size:
2,992 SFLot size:
0.38 AcresPrice / SF:
$167/SF- Added:
- Feb 12, 2026
- Days on Market:
- 111
- Last Refresh:
- Jun 3 at 1:06 am
Property Features for 860 & 862 Oakwood Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 4
- Parking features
- Garage, Open
- Exterior features
- ConcreteDriveway
- Fencing
- Fenced, Privacy
- Fireplace
- 1
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 06-02357-000
- Size
- 2,992 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Description
- PLAT 2005-350, 352
- Tax Annual Amount
- 4040
Utilities
- Heating system
- Central, Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2017
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Tile
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle
Listing agent Patrick Kuhlman License #SA00074566 (479) 877-0184
Listing office NextHome NWA Pro Realty 1401 SW 14th Ste 3 Ste 3, Bentonville, AR (479) 418-3000
Listing date Feb 12, 2026
MLS# 1335677
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.
HighLights
- Duplex offers income potential: Live in one unit and rent the other.
- Built in 2017: Newer construction minimizes maintenance.
- Each unit features 3 bedrooms, 2 bathrooms, and a 2‑car garage: Provides ample space.
- Private fenced yard and patio for each unit: Offers outdoor space.
- Open living area and spacious kitchen: Ideal for entertaining.
- Located in rapidly growing Centerton: Provides strong potential for long‑term appreciation.
Overview
This 2017-built duplex presents an investment opportunity in the rapidly growing community of Centerton. The property features two sides, each with three bedrooms, two full bathrooms, and a private two-car garage. The units offer an open living area that flows into a spacious kitchen and dining zone. Both units include a private back patio and a fully fenced yard. The property is located in close proximity to major Northwest Arkansas employers. The building is designed for long-term appreciation and consistent cash flow in one of the region's most desirable hubs. The property size is 2992 square feet and the lot size is 0.38 acres.
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 | $41.3k | $13.80 |
| − Vacancy | −$2.3k | −$0.76 |
| EGI | $39.0k | $13.04 |
| − OpEx | −$11.7k | −$3.91 |
| NOI | $27.3k | $9.13 |
2,992 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.1K
$341.4K – $455.2K
NOI $27,310 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$348.1K
$304.6K – $406.1K
NOI $24,368 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$822.2K
$719.5K – $959.3K
NOI $57,556 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Centerton
- County
- Benton
- State
- Arkansas
- Longitude
- -94.272505
- Latitude
- 36.359241
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - 2017-built duplex in growing Centerton, AR with strong rental appeal.
Where is this duplex located?
The property is located at 860 & 862 Oakwood Court Centerton, AR.
What is the asking price?
The asking price for this property is $499,950.
What are key features of this property?
This property features: Duplex offers income potential: Live in one unit and rent the other.; Built in 2017: Newer construction minimizes maintenance.; Each unit features 3 bedrooms, 2 bathrooms, and a 2‑car garage: Provides ample space.
