Renovated Duplex with Bike
For Sale
$620,000
10 Jonquilla, Bentonville, AR 72712
Residential, Bentonville, AR
Property Size2,688 SF
Lot Size0.37 Acres
Price / SF$230.65
Days on Market8
Property Features for 10 Jonquilla
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 2, Bathroom 5, Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 4
Parking features
Garage, Open
Exterior features
ConcreteDriveway
Appliances
CounterTop, Dishwasher, ElectricCooktop, ElectricOven, Disposal, GasWaterHeater
Subdivision
Applegate
Lot features
Cul De Sac, City Lot, Near Park, Open Lot, Subdivision
Elementary school district
Bentonville
Middle school district
Bentonville
High school district
Bentonville
Directions
From Bentonville, take Walton Blvd. North to right on Tiger Blvd., left on Bella Vista Rd, right on Braithwaite St to right on Jonquilla Way. Property is in the center of the cul-de-sac.
Standard status
Active
APN
01-05786-000
Size
2,688 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Description
/
Tax Annual Amount
3644
Legal Description
/
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
bike washing stations
bike storage
Building Details
Year built
1995
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Brick, VinylSiding
Roof type
Shingle, Asphalt
Listing Agency:
The Brandon Group
Listed By:
Sumer Brandon · License #PB00063728
(479) 787-3080
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 22 at 5:06AM
MLS# 1360937
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.
Located at 10 Jonquilla in Bentonville, this duplex property contains two residential units within 2688 square feet on a 0.37-acre lot. The improvements include a full renovation, vinyl flooring, central heating and cooling, brick and vinyl siding, asphalt shingle roofing, and kitchens equipped with electric appliances and dishwashers. Both units may be conveyed fully furnished.
Outdoor features include two bike washing stations, dedicated bike storage, a concrete driveway, a garage, and open parking. The property is one block from the Slaughter Pen Trails, approximately 5 minutes from Downtown Bentonville, and 2 miles from the Walmart Home Office Campus. Crystal Bridges Museum, local dining, shopping, and schools are also identified as nearby area attractions. The property recorded 509 booked nights in 2025 and includes two years of revenue records.
Outdoor features include two bike washing stations, dedicated bike storage, a concrete driveway, a garage, and open parking. The property is one block from the Slaughter Pen Trails, approximately 5 minutes from Downtown Bentonville, and 2 miles from the Walmart Home Office Campus. Crystal Bridges Museum, local dining, shopping, and schools are also identified as nearby area attractions. The property recorded 509 booked nights in 2025 and includes two years of revenue records.
Key Highlights
- Two‑unit duplex property totaling 2688 square feet
- Full renovation with vinyl flooring and central HVAC
- Two bike washing stations plus dedicated bike storage
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
$24,535
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
3.96%
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%
$490,700
$490.7K
Cap Rate 7%
$350,500
$350.5K
Cap Rate 9%
$272,611
$272.6K
Market Conditions
NOI Build-Up for 2,688 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
$37.1K $13.80/SF
− Vacancy
−$2.0K −$0.76/SF
EGI
$35.1K $13.04/SF
− OpEx
−$10.5K −$3.91/SF
NOI
$24.5K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
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%
$490,700
Cap Rate 7%
$350,500
Cap Rate 9%
$272,611
Alternative Uses
Best Use
Multifamily LT 5
$350.5K
$306.7K – $408.9K
NOI $24,535 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$312.8K
$273.7K – $364.9K
NOI $21,893 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$738.7K
$646.4K – $861.8K
NOI $51,708 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated duplex property with two units, furnished interiors, bike storage, and dedicated wash stations.
Where is this duplex located?
The property is located at 10 Jonquilla Bentonville, AR.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Two‑unit duplex property totaling 2688 square feet; Full renovation with vinyl flooring and central HVAC; Two bike washing stations plus dedicated bike storage
