Two-Level Duplex Income
917-919 Kensington Drive Centerton, AR 72719
917-919 Kensington Drive, Centerton, AR, 72719
$535,000
For Sale
$535,000
MULTI_FAMILY - Contemporary - Centerton, AR
Property Size2,924 SF
Lot Size0.29 Acres
Price / SF$182.97
Days on Market15
Property Features for 917-919 Kensington Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Garage, Open
- Exterior features
- ConcreteDriveway
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator
- Standard status
- Active
- APN
- 06-02272-000
- Size
- 2,924 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- Copper Oaks Subdivision, Lot 23, Section 34, Township 20 Range 31
- Tax Annual Amount
- 3588
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Carpet
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Contemporary
Listing agency
Century 21 Lyons & Associates
(479) 524-2100
Listed by
Glenda Dozier · License #SA00065983
(479) 220-1515
Added: Jul 7 Updated: Jul 18 at 12:21AM Checked: Jul 21 at 10:06AM
MLS# 1354388
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 for-sale duplex income property includes two 2-level units at 917-919 Kensington Drive. Each unit features three bedrooms located on the second level and includes two and a half bathrooms, offering a well-proportioned layout for residential renters. Updates are in place throughout, including new carpet and flooring, along with new appliances. The property also includes attached garages and offers both interior and exterior space.
The duplexes are located in Centerton, Arkansas in Benton County. The offering covers 0.29 acres and is listed as a 2-unit residential income structure with a total building size of 2,924 square feet.
Unit 917-919 Kensington Drive is move-in ready for an upcoming transition, with 917 and 919 currently occupied and a current lease in place. This configuration makes the property a practical fit for buyers seeking an income-producing, updated duplex setup, with one unit already leased while the remainder is positioned for straightforward occupancy.
The duplexes are located in Centerton, Arkansas in Benton County. The offering covers 0.29 acres and is listed as a 2-unit residential income structure with a total building size of 2,924 square feet.
Unit 917-919 Kensington Drive is move-in ready for an upcoming transition, with 917 and 919 currently occupied and a current lease in place. This configuration makes the property a practical fit for buyers seeking an income-producing, updated duplex setup, with one unit already leased while the remainder is positioned for straightforward occupancy.
Key Highlights
- Two‑level duplexes in Centerton generating income
- 3 bedrooms (all on 2nd level) and 2.5 bathrooms per unit
- New carpet and new flooring throughout plus new appliances
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 | $40.4k | $13.80 |
| − Vacancy | −$2.2k | −$0.76 |
| EGI | $38.1k | $13.04 |
| − OpEx | −$11.4k | −$3.91 |
| NOI | $26.7k | $9.13 |
2,924 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$381.3K
$333.6K – $444.8K
NOI $26,689 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$340.2K
$297.7K – $396.9K
NOI $23,815 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$803.5K
$703.1K – $937.5K
NOI $56,247 @ 7.0% cap · market cap 10.51%
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 - Two 2-level duplex units with spacious interiors, attached garages, and updated finishes for current occupancy and leasing.
Where is this duplex located?
The property is located at 917-919 Kensington Drive Centerton, AR.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two‑level duplexes in Centerton generating income; 3 bedrooms (all on 2nd level) and 2.5 bathrooms per unit; New carpet and new flooring throughout plus new appliances
