Centerton Duplex: Investment
860 & 862 Oakwood Court Centerton, AR 72719
860 & 862 Oakwood Court, Centerton, AR, 72719
$499,950
Pending
For Sale
$499,950
Pending
MULTI_FAMILY - Centerton, AR
Property Size2,992 SF
Lot Size0.38 Acres
Days on Market160
Property Features for 860 & 862 Oakwood Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Parking features
- Garage, Open
- Exterior features
- ConcreteDriveway
- Fencing
- Privacy, Fenced
- Fireplace
- 1
- Appliances
- ElectricWaterHeater
- Standard status
- Pending
- 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
- Heat Pump (Heating), Central
- 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 agency
NextHome NWA Pro Realty
(479) 418-3000
Listed by
Patrick Kuhlman · License #SA00074566
(479) 877-0184
Added: Feb 12 Updated: Jul 18 at 12:21AM Checked: Jul 22 at 3:06PM
MLS# 1335677
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 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.
Key Highlights
- 2017‑built duplex with two sides, each featuring 3 bedrooms and 2 full bathrooms
- Each unit includes a private 2‑car garage and a private back patio
- Fully fenced yard features privacy fencing for added outdoor privacy
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
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: 2017‑built duplex with two sides, each featuring 3 bedrooms and 2 full bathrooms; Each unit includes a private 2‑car garage and a private back patio; Fully fenced yard features privacy fencing for added outdoor privacy
