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Updated Duplex Near Downtown
For Sale
$169,000

1030 Clifton St., Conway, AR 72034

Multi-Family, Traditional, Conway, AR

Property Size1,246 SF
Lot Size0.17 Acres
Price / SF$135.63
Days on Market47

Property Features for 1030 Clifton St.

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features On Street
Patio and Porch features Porch, Deck
Interior features Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Hot Water Heater-Gas, Smoke Detector, Fan - Ceiling, All Units, Window Treatments
Exterior features Partially Fenced, Outside Storage Area, Deck, Porch, Chain Link
Fencing Chain Link, Partial
Appliances Free-Standing Stove, Gas Range, Dishwasher, Refrigerator-Stays, Exhaust Fan, Free-Standing Stove, Gas Range, Dishwasher, Refrigerator-Stays, Exhaust Fan
Subdivision Fiddlers Survey
Lot features Level, In Subdivision
Directions Oak St. through downtown Conway - turns into Caldwell St. Take a right on Center St. Cross Prince St. and you're on Cifton St. Duplex on right across from United Methodist Church parking lot.
Standard status Active
Size 1,246 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 242
Tax Annual Amount 1358
Legal Description Lot 242

Building Details

Year built 1927
Floors in Building 1
Number of units 2
Flooring type Tile, Vinyl
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Arkansas Property Brokers, LLC
Listed By: Jan Clark
Added: Sep 1 Changed: Oct 13 Last Checked: Oct 17 at 3:06AM
MLS# 26035684

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.

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Investment Insights

Based on property information with market context.

This 1,246-square-foot duplex, built in 1927, contains two distinct residences: a studio and a two-bedroom, one-bath unit. The studio includes an 11-foot tongue-and-groove ceiling, galley kitchen, stackable washer and dryer, and recent mini-split, range, and refrigerator installations. The larger unit features an 11-foot beadboard ceiling, laundry room, updated kitchen, remodeled bathroom, LVP flooring, and a mini-split system.

Recent work includes kitchen improvements, new front doors, plumbing updates beneath the house, and window replacement completed in 2022 and 2023. The shingle roof is approximately 5–6 years old. Each residence has separate electric and gas metering, while water is paid by the landlord. The property sits on 0.17 acres at 1030 Clifton St. and is within walking distance of downtown Conway.

Additional features include a deck, porch, partial chain-link fencing, outside storage, on-street parking, gas water heating, and washer and dryer connections or appliances in the units.

Key Highlights

  • Two residences: one studio and one 2BR/1BA unit
  • 1,246 square feet on a 0.17‑acre lot
  • 2024 updates include kitchen work, appliances, bathroom remodeling, flooring, mini‑splits, and front doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,381
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,620 $167.6K
Cap Rate 7%
$119,729 $119.7K
Cap Rate 9%
$93,122 $93.1K
Market Conditions
NOI Build-Up for 1,246 SF
Gross rent
$12.7K $10.20/SF
− Vacancy
−$736 −$0.59/SF
EGI
$12.0K $9.61/SF
− OpEx
−$3.6K −$2.88/SF
NOI
$8.4K $6.73/SF
Area
Faulkner County, AR
Vacancy
5.79%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,620
Cap Rate 7%
$119,729
Cap Rate 9%
$93,122

Alternative Uses

Best Use
Multifamily LT 5
$119.7K
$104.8K – $139.7K (±1% cap)
NOI $8,381 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$107.0K
$93.6K – $124.8K (±1% cap)
NOI $7,490 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$284.2K
$248.7K – $331.6K (±1% cap)
NOI $19,894 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Garden Center Acupuncture Florist Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,640
Businesses Nearby

Demographics for 72034, AR

47,873
Population
22,523
Households
2.1
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
47.9 sq mi
ZIP Area
999
Density / Sq Mi
$61,675
Median Household Income
$40,511
Median Earnings
$993
Median Rent
$250,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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-unit property with recent interior improvements, separate utility meters, and a mix of studio and two-bedroom layouts.
Where is this duplex located?
The property is located at 1030 Clifton St. Conway, AR.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Two residences: one studio and one 2BR/1BA unit; 1,246 square feet on a 0.17‑acre lot; 2024 updates include kitchen work, appliances, bathroom remodeling, flooring, mini‑splits, and front doors
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