Brick Duplexes with Two-Car
For Sale
$375,000
Pending
1102 Springhill RD, Barling, AR 72923
MULTI_FAMILY - Barling, AR
Property Size2,726 SF
Lot Size0.24 Acres
Days on Market259
Property Features for 1102 Springhill RD
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage - Attached
Fencing
Privacy
Appliances
Dishwasher, Electric, Garbage Disposal, Microwave, Range, Refrigerator
Subdivision
Springhill Estates
Lot features
In Subdivision, Level
High school
Northside
Directions
From Barling, drive north on Hwy 59, Turn right on H Street, Left on Springhill Rd, Unit is on the right.
Standard status
Pending
APN
62510-0030-00000-00
Size
2,726 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
LOT 30 80 X 130
Tax Annual Amount
2678
Legal Description
LOT 30 80 X 130
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Amenities
covered entryway
fenced backyard
granite countertops
wood look laminate flooring
refrigerator
tray ceilings
walk-in closet
Building Details
Year built
2016
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile - Ceramic, Laminate
Roof type
Shingle
Listing Agency:
The Heritage Group Real Estate Co.-Van Buren
(479) 806-5955
Listed By:
The Cluck Graham Team · License #SA00078901
(479) 883-8301
Added: Dec 4, 2025
Changed: Aug 3
Last Checked: Aug 20 at 3:06AM
MLS# 1085541
Copyright © 2026 Western River Valley Board of REALTORS®. 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.
These brick duplexes offer a well-suited residential income configuration with three bedrooms and two bathrooms per unit. Each unit includes a two-car attached garage and a covered entryway, plus a fenced backyard with privacy fencing. Interior finishes include granite countertops, wood-look laminate flooring, and a mix of tile, laminate, and carpet flooring. Appliances are included, and the kitchen includes a refrigerator along with the provided range, microwave, dishwasher, garbage disposal, and electric service. Heating is electric with central heating, and cooling is provided by central air.
Built in 2016 on a 0.24-acre lot in Barling, the duplexes are set up for convenient access to nearby city park, medical college, interstate, schools, and shopping.
For tenants, the layout supports comfortable daily living with bedrooms and baths sized for practical use, along with garages and outdoor space for added functionality.
Built in 2016 on a 0.24-acre lot in Barling, the duplexes are set up for convenient access to nearby city park, medical college, interstate, schools, and shopping.
For tenants, the layout supports comfortable daily living with bedrooms and baths sized for practical use, along with garages and outdoor space for added functionality.
Key Highlights
- Built in 2016 on a 0.24‑acre lot with 2,726 SF total
- Two‑car attached garage with each duplex unit
- Privacy‑fenced backyard plus covered entryway
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,078
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,560
$361.6K
Cap Rate 7%
$258,257
$258.3K
Cap Rate 9%
$200,867
$200.9K
Market Conditions
NOI Build-Up for 2,726 SF
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.
Gross rent
$27.8K $10.20/SF
− Vacancy
−$2.0K −$0.73/SF
EGI
$25.8K $9.47/SF
− OpEx
−$7.7K −$2.84/SF
NOI
$18.1K $6.63/SF
Area
Sebastian County, AR
Vacancy
7.12%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,560
Cap Rate 7%
$258,257
Cap Rate 9%
$200,867
Alternative Uses
Best Use
Multifamily LT 5
$258.3K
$226.0K – $301.3K
NOI $18,078 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$230.6K
$201.8K – $269.1K
NOI $16,143 @ 7.0% cap · market cap 4.30%
Theoretical Best
Healthcare Medical
$580.0K
$507.5K – $676.7K
NOI $40,599 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 72923, AR
4,811
Population
2,608
Households
1.8
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
16.4 sq mi
ZIP Area
293
Density / Sq Mi
$52,210
Median Household Income
$36,122
Median Earnings
$893
Median Rent
$125,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplexes built in 2016 offer each unit a two-car attached garage, covered entry, and fenced backyard.
Where is this duplex located?
The property is located at 1102 Springhill RD Barling, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Built in 2016 on a 0.24‑acre lot with 2,726 SF total; Two‑car attached garage with each duplex unit; Privacy‑fenced backyard plus covered entryway
