Duplex Investment
105 & 107 E 4th Street, Ward, AR 72176
- Added:
- Jun 1, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 8 at 10:06 am
Property Features for 105 & 107 E 4th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4
- Patio and Porch features
- Porch
- Interior features
- Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Fan - Ceiling
- Exterior features
- Porch
- Appliances
- Free-Standing Stove, Dishwasher, Free-Standing Stove, Dishwasher
- Standard status
- Active
- APN
- 800-01901-001
- Size
- 1,537 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Description
- See Survey for full legal
- Tax Annual Amount
- 925
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet - Partial, Vinyl, Laminate, Concrete, Tile
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Laura Casteel (501) 733-1602
Listing office MVP Real Estate 304S. Hampton Dr., Conway, AR (501) 459-6871
Listing date Jun 1, 2026
MLS# 26021979
Listing URL
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.
HighLights
- Duplex built in 1996 with two units, each offering 2 bedrooms and 1 bathroom
- Cabot School District; tenant‑occupied—24‑hour notice required for showings
- New shingle roof installed within the last 2–3 years
- HVAC replaced in 2021
- Each unit includes its own parking and outdoor space
- Interior includes washer and dryer electric connections, smoke detectors, ceiling fans, and multiple flooring types (carpet, vinyl, laminate, concrete, tile)
Overview
This duplex for sale includes two separate units at 105 & 107 E 4th Street, Ward, AR 72176. Each unit is laid out with two bedrooms and one bathroom. The property’s exterior and major systems have seen recent improvements, including a new roof within the last 2–3 years and HVAC replacement in 2021. Each unit also has its own parking and outdoor space, supporting tenant convenience and everyday usability.
The duplex is located in the Cabot School District. The property is described as being on a quiet street, and both units are currently fully occupied. Because tenants are in place, a 24-hour notice is required for showings.
For buyers or investors seeking a ready-to-rent duplex configuration, the appeal here is straightforward: two self-contained residential units with separate parking and outdoor space, plus documented updates to the roof and HVAC. For owner-occupants, the layout can also support living in one unit while renting the other, subject to the terms and occupancy in place at the time of closing. Seller notes that no property disclosure will be provided, as the seller has never lived in the property.
The duplex is located in the Cabot School District. The property is described as being on a quiet street, and both units are currently fully occupied. Because tenants are in place, a 24-hour notice is required for showings.
For buyers or investors seeking a ready-to-rent duplex configuration, the appeal here is straightforward: two self-contained residential units with separate parking and outdoor space, plus documented updates to the roof and HVAC. For owner-occupants, the layout can also support living in one unit while renting the other, subject to the terms and occupancy in place at the time of closing. Seller notes that no property disclosure will be provided, as the seller has never lived in the property.
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 | $21.2k | $13.80 |
| − Vacancy | −$1.2k | −$0.76 |
| EGI | $20.0k | $13.04 |
| − OpEx | −$6.0k | −$3.91 |
| NOI | $14.0k | $9.13 |
1,537 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$200.4K
$175.4K – $233.8K
NOI $14,029 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$177.5K
$155.3K – $207.1K
NOI $12,423 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$312.9K
$273.8K – $365.1K
NOI $21,906 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Ward
- County
- Lonoke
- State
- Arkansas
- Longitude
- -91.951228
- Latitude
- 35.032019
FAQs
What type of property is this?
Duplex - Two fully occupied units each offer two bedrooms, one bath, with recent roofing and updated HVAC.
Where is this duplex located?
The property is located at 105 & 107 E 4th Street Ward, AR.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Duplex built in 1996 with two units, each offering 2 bedrooms and 1 bathroom; Cabot School District; tenant‑occupied—24‑hour notice required for showings; New shingle roof installed within the last 2–3 years
