Duplex on Two
New
For Sale
$250,000
10916 Jaybird Road, Gravette, AR 72736
Residential, Gravette, AR
Property Size2,246 SF
Lot Size2.00 Acres
Price / SF$111.31
Days on Market3
Property Features for 10916 Jaybird Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Exterior features
GravelDriveway
Appliances
ElectricWaterHeater
Subdivision
25-20-34-RURAL
Lot features
Outside City Limits, Rural Lot
Directions
From Harps, head north on 1st Avenue SE. Turn left onto 2nd Avenue NW. Continue onto Highway 72 West (Main Street SW). Follow Highway 72 West and turn left onto Benson Road. Turn right onto Clarry Road. Turn left onto Blue Bird Road. Turn left onto the access road. The property will be on your right.
Standard status
Active
APN
18-16293-008
Size
2,246 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Description
A PART OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 25, TOWNSHIP 20 NORTH, RANGE 34 WEST, BENTON COUNTY, ARKANSAS. BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT N 0254'39" E 331.71 FEET AND S 8707'05" E 506.36 FEE T
Tax Annual Amount
2261
Legal Description
A PART OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 25, TOWNSHIP 20 NORTH, RANGE 34 WEST, BENTON COUNTY, ARKANSAS. BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT N 0254'39" E 331.71 FEET AND S 8707'05" E 506.36 FEE T
Utilities
Heating system
Natural Gas
Cooling system
Electric
Building Details
Year built
2002
Floors in Building
1
Number of units
2
Flooring type
Simulatedwood, Laminate
Building materials
Brick, VinylSiding
Roof type
Fiberglass, Shingle
Listing Agency:
Viridian Real Estate
(479) 235-2820
Listed By:
Nicole Brecheen · License #SA00097751
(479) 737-4075
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 30 at 2:06PM
MLS# 1366528
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 2002-built duplex contains 2,246 square feet across two residences, each with two bedrooms and one-and-a-half bathrooms. Brick and vinyl siding form the exterior, with simulated wood and laminate flooring inside. The property includes a gravel driveway, natural gas heating, and electric cooling.
The building sits back from the main road on approximately 2 acres. Its two-unit layout and substantial parcel size define the property’s principal physical features.
The building sits back from the main road on approximately 2 acres. Its two-unit layout and substantial parcel size define the property’s principal physical features.
Key Highlights
- Two residences, each with 2 bedrooms and 1.5 bathrooms
- 2,246 square feet of building area
- Approximately 2 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,501
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,020
$410.0K
Cap Rate 7%
$292,871
$292.9K
Cap Rate 9%
$227,789
$227.8K
Market Conditions
NOI Build-Up for 2,246 SF
Gross rent
$31.0K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$29.3K $13.04/SF
− OpEx
−$8.8K −$3.91/SF
NOI
$20.5K $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%
$410,020
Cap Rate 7%
$292,871
Cap Rate 9%
$227,789
Alternative Uses
Best Use
Multifamily LT 5
$292.9K
$256.3K – $341.7K
NOI $20,501 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$261.3K
$228.7K – $304.9K
NOI $18,293 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$617.2K
$540.1K – $720.1K
NOI $43,205 @ 7.0% cap · market cap 17.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
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Business Placement
Demographics for 72736, AR
7,046
Population
2,682
Households
2.6
Avg Household Size
38
Median Age
24%
College-Educated
88%
High-School Grad
98.5 sq mi
ZIP Area
72
Density / Sq Mi
$73,565
Median Household Income
$43,892
Median Earnings
$1,012
Median Rent
$277,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms and one-and-a-half bathrooms in a two-unit configuration.
Where is this duplex located?
The property is located at 10916 Jaybird Road Gravette, AR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1.5 bathrooms; 2,246 square feet of building area; Approximately 2 acres
