1011 & 1009 W Cypress Street, Rogers, AR 72756
MULTI_FAMILY - Rogers, AR
- Added:
- May 22, 2026
- Days on Market:
- 46
- Last Refresh:
- Jul 6 at 3:06 pm
Property Features for 1011 & 1009 W Cypress Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Patio
- Exterior features
- ConcreteDriveway
- Appliances
- ElectricWaterHeater
- Standard status
- Pending
- APN
- 02-04070-000
- Size
- 1,728 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- S-T-R: 12-19-30, Subdivision: DUCKWORTH'S ADD-ROGERS
- Tax Annual Amount
- 1375
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Steven Young License #EB00091843 (479) 995-2649
Listing office eXp Realty NWA Branch 1202 NE McClain Ste 130, Little Rock, AR (866) 720-5056
Listing date May 22, 2026
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
- Excellent investment opportunity: long‑term tenants, short‑term rentals, or owner‑occupancy.
- Ideally located minutes from Downtown Rogers, close to dining, shopping, entertainment, and trails.
- New HVACs, water heaters, and roof, all replaced within the last 2 years.
- Duplex offers functional living space on each side.
- Suitable for both seasoned investors and first‑time buyers.
- Features include a concrete driveway and patio.
Overview
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 | $23.8k | $13.80 |
| − Vacancy | −$1.3k | −$0.76 |
| EGI | $22.5k | $13.04 |
| − OpEx | −$6.8k | −$3.91 |
| NOI | $15.8k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rogers
- County
- Benton
- State
- Arkansas
- Longitude
- -94.128896
- Latitude
- 36.330397
