Remodeled 4-Unit
For Sale
$659,900
11048 Orpha Rd, Farmington, AR 72730
Four updated residences offer distinct layouts, private outdoor spaces, and shared grounds in a wooded setting.
Property Size4,400 SF
Lot Size1.50 Acres
Price / SF$149.98
Days on Market74
Property Features for 11048 Orpha Rd
General Information
Standard status
Active
Size
4,400 SF
Lot size
1.50 Acres
Property subtype
Multi-Family
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Gross Income
$55,800
Multifamily Units
4
Amenities
private deck or patio
shared outdoor gathering area
circular drive
Building Details
Year Built
1975
Listing Agency:
Small Fee Realty
Listed By:
Nicole Miller · License #PB00096798
(479) 857-6273
Source:
Thebesthomeprice
Added: Aug 3
Changed: Oct 14
Last Checked: Oct 15 at 2:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Small Fee Realty
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Investment Insights
Based on property information with market context.
This four-unit residential property, built in 1975 and remodeled with updated finishes, includes 4,400 square feet across four residences with individual layouts. Each unit has luxury vinyl or tile flooring and a private deck or patio. The property also includes an attached 2-car garage and a 10x12 storage building, both currently used by the owner.
Set on 1.5 acres at 11048 Orpha Rd in Farmington, the property occupies a private setting at the end of a quiet road, with woods along three sides and privacy fencing on the remaining side. Shared outdoor gathering space and a large circular drive serve the units. The property is in the Prairie Grove School District and has Washington County water, septic with a grinder pump to city sewer, and a metal roof.
Set on 1.5 acres at 11048 Orpha Rd in Farmington, the property occupies a private setting at the end of a quiet road, with woods along three sides and privacy fencing on the remaining side. Shared outdoor gathering space and a large circular drive serve the units. The property is in the Prairie Grove School District and has Washington County water, septic with a grinder pump to city sewer, and a metal roof.
Key Highlights
- 4,400‑square‑foot quadplex with 4 residential units
- Remodeled property built in 1975 with updated finishes
- Each unit includes luxury vinyl or tile flooring and a private deck or patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,597
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,940
$791.9K
Cap Rate 7%
$565,671
$565.7K
Cap Rate 9%
$439,967
$440.0K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$60.7K $13.80/SF
− Vacancy
−$4.2K −$0.94/SF
EGI
$56.6K $12.86/SF
− OpEx
−$17.0K −$3.86/SF
NOI
$39.6K $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%
$791,940
Cap Rate 7%
$565,671
Cap Rate 9%
$439,967
Alternative Uses
Best Use
Multifamily LT 5
$565.7K
$495.0K – $660.0K
NOI $39,597 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$500.5K
$437.9K – $583.9K
NOI $35,034 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,672 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
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Business Placement
Demographics for 72730, AR
9,624
Population
4,017
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
463
Density / Sq Mi
$88,780
Median Household Income
$45,652
Median Earnings
$1,225
Median Rent
$244,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four updated residences offer distinct layouts, private outdoor spaces, and shared grounds in a wooded setting.
Where is this quadplex located?
The property is located at 11048 Orpha Rd Farmington, AR.
What is the asking price?
The asking price for this property is $659,900.
What are key features of this property?
This property features: 4,400‑square‑foot quadplex with 4 residential units; Remodeled property built in 1975 with updated finishes; Each unit includes luxury vinyl or tile flooring and a private deck or patio
