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Brick Duplex with Attached Garages
For Sale
$415,000
Pending

1041 Remington Drive, Springdale, AR 72764

Residential, Springdale, AR

Property Size2,556 SF
Lot Size0.28 Acres
Days on Market110

Property Features for 1041 Remington Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Garage
Exterior features ConcreteDriveway
Appliances GasWaterHeater
Subdivision Remington Place Springdale
Lot features Cleared, Corner Lot, Near Park
Directions From I-49, E on Wagon Wheel Rd, E on Hwy 264 to S on HWY 265, left on Remington. Duplex on right.
Standard status Pending
APN 21-03284-000
Size 2,556 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description PLAT 2006-1179 9/29/06
Tax Annual Amount 2580
Legal Description PLAT 2006-1179 9/29/06

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2007
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet
Building materials Brick, VinylSiding
Roof type Shingle
Listing Agency: Equity Partners Realty
Listed By: Joseph McKee · License #SA00091477
Added: Jun 23 Changed: Sep 13 Last Checked: Oct 10 at 9:06AM
MLS# 1352960

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.

Investment Insights

Based on property information with market context.

This duplex contains 2,556 square feet across two residences, each arranged with 3 bedrooms and 2 bathrooms. Both units feature an open connection between the living room, kitchen, and dining area, with vinyl and carpet flooring. Brick and vinyl siding form the exterior, while central heating and central air provide year-round climate control. Each residence includes a garage, and the property has a concrete driveway. A gas water heater serves the building, and the shingle roof is identified as new in 2026.

Built in 2007 on a 0.28-acre lot, the property is located in Springdale, AR. Unit B is expected to be vacant in October, providing a change in occupancy within the duplex. The configuration supports separate residential living spaces within one income-property asset.

Key Highlights

  • Duplex totals 2,556 square feet with two 3‑bedroom, 2‑bathroom residences
  • Each unit includes an open living room, kitchen, and dining arrangement
  • New roof in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,002
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,040 $460.0K
Cap Rate 7%
$328,600 $328.6K
Cap Rate 9%
$255,578 $255.6K
Market Conditions
NOI Build-Up for 2,556 SF
Gross rent
$35.3K $13.80/SF
− Vacancy
−$2.4K −$0.94/SF
EGI
$32.9K $12.86/SF
− OpEx
−$9.9K −$3.86/SF
NOI
$23.0K $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%
$460,040
Cap Rate 7%
$328,600
Cap Rate 9%
$255,578

Alternative Uses

Best Use
Multifamily LT 5
$328.6K
$287.5K – $383.4K (±1% cap)
NOI $23,002 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$290.7K
$254.4K – $339.2K (±1% cap)
NOI $20,351 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$686.1K
$600.3K – $800.4K (±1% cap)
NOI $48,025 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Restaurant Hair Salon Parking Lot & Garage Nail Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 72764, AR

60,786
Population
20,781
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
72%
High-School Grad
66.2 sq mi
ZIP Area
918
Density / Sq Mi
$61,569
Median Household Income
$34,552
Median Earnings
$984
Median Rent
$226,100
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two matching residences offer open living areas, private bedrooms, and central HVAC in a 2007-built duplex.
Where is this duplex located?
The property is located at 1041 Remington Drive Springdale, AR.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Duplex totals 2,556 square feet with two 3‑bedroom, 2‑bathroom residences; Each unit includes an open living room, kitchen, and dining arrangement; New roof in 2026
More about this property
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