Brick
New
For Sale
$464,900
103-105 Dakota Trail, Farmington, AR 72730
Residential, Farmington, AR
Property Size3,046 SF
Lot Size0.47 Acres
Price / SF$152.63
Days on Market7
Property Features for 103-105 Dakota Trail
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 1
Parking features
Open, Garage
Patio and Porch features
Patio
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, MicrowaveHoodFan, Microwave
Subdivision
South Haven Ph III
Lot features
Central Business District, Cleared, City Lot, Landscaped, Level, Subdivision
Elementary school district
Farmington
Middle school district
Farmington
High school district
Farmington
Directions
From Hwy 62 (Main St) in Farmington, go south on Locust St, which becomes Dakota Trail. Property is on the right at the bend of the street
Standard status
Active
APN
760-02628-000
Size
3,046 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Description
Lot 28 South Haven SD Ph III
Tax Annual Amount
3299
Legal Description
Lot 28 South Haven SD Ph III
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
fenced backyards
luxury vinyl plank floors
ceramic tile floors
ceiling fans
blinds
Building Details
Year built
2004
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
Legend Realty Inc
(479) 267-5911
Listed By:
Neil Adams · License #EB00071885
(479) 871-6045
Added: Oct 15
Changed: Oct 16
Last Checked: Oct 21 at 7:06AM
MLS# 1365426
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.
Built in 2004, this brick duplex contains 3,046 square feet across two residences, each measuring 1,523 square feet. Both sides are currently occupied and include three bedrooms, two bathrooms, and a two-car garage. Interior finishes include vinyl and tile flooring, ceiling fans, and blinds; each residence also has a privacy-fenced backyard and patio.
The property occupies 0.4737 acres and is served by public water and sewer. Central electric heating and air conditioning serve the building.
The property occupies 0.4737 acres and is served by public water and sewer. Central electric heating and air conditioning serve the building.
Key Highlights
- Two occupied residences, each with 1,523 square feet
- Each side has 3 bedrooms, 2 bathrooms, and a 2‑car garage
- 3,046‑square‑foot duplex on 0.4737 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,412
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,240
$548.2K
Cap Rate 7%
$391,600
$391.6K
Cap Rate 9%
$304,578
$304.6K
Market Conditions
NOI Build-Up for 3,046 SF
Gross rent
$42.0K $13.80/SF
− Vacancy
−$2.9K −$0.94/SF
EGI
$39.2K $12.86/SF
− OpEx
−$11.7K −$3.86/SF
NOI
$27.4K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,240
Cap Rate 7%
$391,600
Cap Rate 9%
$304,578
Alternative Uses
Best Use
Multifamily LT 5
$391.6K
$342.7K – $456.9K
NOI $27,412 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$346.5K
$303.2K – $404.2K
NOI $24,253 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$817.6K
$715.4K – $953.9K
NOI $57,232 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Explore this area
Business Placement
Demographics for 72730, AR
9,624
Population
4,017
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
463
Density / Sq Mi
$88,780
Median Household Income
$45,652
Median Earnings
$1,225
Median Rent
$244,900
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and offer three bedrooms, two bathrooms, and a two-car garage.
Where is this duplex located?
The property is located at 103-105 Dakota Trail Farmington, AR.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: Two occupied residences, each with 1,523 square feet; Each side has 3 bedrooms, 2 bathrooms, and a 2‑car garage; 3,046‑square‑foot duplex on 0.4737 acres
