Back to Search
Duplex Income Property

1006 Clifton Street Conway, AR 72034

Claim this Listing
For Sale
$269,500

MULTI_FAMILY - Conway, AR

Type:Single Family Residence
Property size:
2,208 SF
Lot size:
0.40 Acres
Price / SF:
$122/SF
Added:
May 20, 2026
Days on Market:
53
Last Refresh:
Jul 11 at 1:06 am

Property Features for 1006 Clifton Street

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Parking features
Carport
Patio and Porch features
Patio
Interior features
Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Closet - Walk In, Fan - Ceiling, Some Units
Exterior features
Partially Fenced, Patio
Fencing
Partial
Appliances
Free-Standing Stove, Disposal, Ice Maker Connection, Free-Standing Stove, Disposal, Ice Maker Connection
Standard status
Active
APN
710-02902-000
Size
2,208 SF
Lot size
0.40 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PT Lot 137 Fiddlers Survey
Tax Annual Amount
1960

Building Details

Year built
1940
Floors in Building
1
Number of units
2
Flooring type
Wood, Vinyl
Roof type
Flat, Composition
Architectural style
Ranch

Listing agent Reda Salter

Listing office Salter Real Estate, Inc. 719 Monroe St., Conway, AR

Listing date May 20, 2026

MLS# 26021063 Listing URL

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 duplex includes two apartment sides with separate gas service and individual furnaces. Tenants share a laundry room and the water heater, and the washer and dryer belong to the Prince St. renter. The water and sewer are on one meter, with the owner paying the utility bill. The shared patio area serves both tenants.

The property is located at 1006 Clifton Street in Conway, Arkansas and is being sold “as is” “where is.” The Clifton St. side needs paint and will need a cookstove and dishwasher; no refrigerator is included for that side. By contrast, the Prince St. side is a 1-bedroom, 1-bath unit that includes a cookstove and refrigerator, with no dishwasher. A storage building on the east side belongs to the Prince St. renter.

This setup may appeal to buyers looking for an income-producing duplex where each unit has its own furnace and gas service, while shared laundry and patio areas help keep common features straightforward. Please note the Clifton St. side will require some updates and missing appliances, and the listing is priced and presented with the property sold as-is.

Key Highlights

  • Sold as is where is; Clifton St. side needs paint
  • 1940 ranch‑style property with flat and composition roof
  • Each apartment has its own gas service and furnaces

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 $22.5k $10.20
− Vacancy −$1.3k −$0.59
EGI $21.2k $9.61
− OpEx −$6.4k −$2.88
NOI $14.9k $6.73
2,208 SF · lease $10.20/SF/yr · vacancy 5.79% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$212.2K
$185.7K – $247.5K (±1% cap)
NOI $14,852 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$189.6K
$165.9K – $221.2K (±1% cap)
NOI $13,273 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$503.6K
$440.7K – $587.6K (±1% cap)
NOI $35,253 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Grocery & Convenience Store Electrical Service Garden Center Locksmith Acupuncture Florist Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with shared laundry and patio, with separate gas services, sold as-is where-is.
Where is this duplex located?
The property is located at 1006 Clifton Street Conway, AR.
What is the asking price?
The asking price for this property is $269,500.
What are key features of this property?
This property features: Sold as is where is; Clifton St. side needs paint; 1940 ranch‑style property with flat and composition roof; Each apartment has its own gas service and furnaces
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message