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Four-Unit Duplex Property

1013 NW 12th Street, Bentonville, AR 72712

For Sale
$1,040,000

Residential, Bentonville, AR

Property Size4,564 SF
Lot Size0.74 Acres
Price / SF$227.87
Days on Market198

Property Features for 1013 NW 12th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 5, Bedroom 7, Bedroom 8, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 7, Bedroom 4, Bathroom 8, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 6, Bathroom 4, Bedroom 5
Parking features Garage
Exterior features ConcreteDriveway
Fencing Privacy
Appliances GasWaterHeater
Subdivision Coffelt Place
Lot features Cul De Sac, City Lot, Level
Elementary school district Bentonville
Middle school district Bentonville
High school district Bentonville
Directions From intersection of Walton/Tiger Blvds - go west on NW 12th St (Tiger becomes NW 12th west of Walton Blvd). Duplexes on left just past the commercial buildings fronting Walton Blvd.
Standard status Active
APN 01-00858-001
Size 4,564 SF
Lot size 0.74 Acres

Taxes and HOA fees

Tax Description Tracts 1 & 3 Coffelt Place - See attachment for full legal
Tax Annual Amount 9869
Legal Description Tracts 1 & 3 Coffelt Place - See attachment for full legal

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1993
Floors in Building 1
Number of units 4
Flooring type Carpet, Laminate, Vinyl
Building materials Brick, VinylSiding, WoodSiding
Roof type Shingle
Buildings 2
Listing Agency: Equity Partners Realty
Listed By: Ryan Russell · License AR EB00056667
Added: May 1 Changed: Nov 10 Last Checked: Nov 14 at 10:06AM
MLS# 1344927

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.

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Investment Insights

Based on property information with market context.

This Bentonville duplex property comprises four total units across two duplex buildings, with 4,564 square feet on approximately 0.74 acres. Each unit is configured with two bedrooms, two bathrooms, and a one-car garage. Two vacant units have received recent improvements, including luxury vinyl plank flooring and granite countertops. The buildings date to 1993 and feature brick, vinyl siding, and wood siding, along with shingle roofs, central heating and cooling, natural gas, and electric service.

The property includes the addresses 1009/1011 and 1013/1015 NW 12th Street. Public water and public sewer serve the site, which also includes concrete driveways, privacy fencing, and garage parking. Interior finishes include carpet, vinyl, and laminate flooring.

Key Highlights

  • Four total units across two duplex buildings
  • Each unit includes 2 bedrooms, 2 bathrooms, and a 1‑car garage
  • Approximately 0.74 acres with 4,564 square feet of improvements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,659
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$833,180 $833.2K
Cap Rate 7%
$595,129 $595.1K
Cap Rate 9%
$462,878 $462.9K
Market Conditions
NOI Build-Up for 4,564 SF
Gross rent
$63.0K $13.80/SF
− Vacancy
−$3.5K −$0.76/SF
EGI
$59.5K $13.04/SF
− OpEx
−$17.9K −$3.91/SF
NOI
$41.7K $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 Rate 5%
$833,180
Cap Rate 7%
$595,129
Cap Rate 9%
$462,878

Alternative Uses

Best Use
Multifamily LT 5
$595.1K
$520.7K – $694.3K (±1% cap)
NOI $41,659 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$531.0K
$464.7K – $619.5K (±1% cap)
NOI $37,172 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,795 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Bentonville, AR

$204 Jul
$202 Aug
$206 Sep
$201 Oct

Properties on Market for Duplexes in Bentonville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two recently refreshed vacancies complement four two-bedroom units with private garages and public utilities.
Where is this duplex located?
The property is located at 1013 NW 12th Street Bentonville, AR.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: Four total units across two duplex buildings; Each unit includes 2 bedrooms, 2 bathrooms, and a 1‑car garage; Approximately 0.74 acres with 4,564 square feet of improvements
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