Remodeled 4-Unit Multifamily
11048 Orpha Road Farmington, AR 72730
New
11048 Orpha Road, Farmington, AR, 72730
$659,900
For Sale
$659,900
MULTI_FAMILY - Farmington, AR
Property Size3,806 SF
Lot Size1.20 Acres
Price / SF$173.38
Days on Market2
Property Features for 11048 Orpha Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 6, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 5, Bedroom 3, Bedroom 7, Bathroom 1
- Parking features
- Garage, Open, Parking Lot, Driveway
- Patio and Porch features
- Patio, Porch, Deck
- Interior features
- Storage
- Exterior features
- GravelDriveway
- Appliances
- Dishwasher, ElectricRange, GasRange, HotWaterCirculator, Refrigerator, WaterHeater
- Standard status
- Active
- APN
- 805-20334-480
- Size
- 3,806 SF
- Lot size
- 1.20 Acres
Taxes and HOA fees
- Tax Description
- ANNEXED TO CITY OF PRAIRIE GROVE FOR 2006 & FOLLOWING YEARS PER ANNEXATION ORDINACE NO. 2006-15 NORTH 1/2 LOT 17
- Tax Annual Amount
- 4043
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating), Central
- Cooling system
- Ductless, Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl
- Building materials
- Frame, WoodSiding
- Roof type
- Metal
- Additional Structures
- Storage
Listing agency
Small Fee Realty
(479) 857-6273
Listed by
Nicole Miller · License #PB00096798
(479) 857-6273
Added: Jul 20 Updated: Jul 21 at 5:12AM Checked: Jul 21 at 9:06AM
MLS# 1356064
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 remodeled 4-unit multifamily property offers updated finishes throughout, including luxury vinyl/tile flooring. Each unit includes its own private deck or patio and a unique layout. Outdoor amenities include a shared outdoor gathering area and a large circular drive. The property also features an attached 2-car garage and a 10x12 storage building that are currently owner occupied, with tenant interest reported for potential additional income. A metal roof supports the exterior improvements.
The property sits on a 1.1999-acre lot at the end of a quiet road, bordered by woods on two sides and a privacy fence on the third. Utilities include septic with a grinder pump to city sewer, and water provided by Washington County. The property falls within the Prairie Grove School District and Washington County.
Current rents total $4,650 per month, and the overall configuration is designed for both owner-occupancy or full leasing of all four units.
The property sits on a 1.1999-acre lot at the end of a quiet road, bordered by woods on two sides and a privacy fence on the third. Utilities include septic with a grinder pump to city sewer, and water provided by Washington County. The property falls within the Prairie Grove School District and Washington County.
Current rents total $4,650 per month, and the overall configuration is designed for both owner-occupancy or full leasing of all four units.
Key Highlights
- 1975‑built 4‑unit investment property on 1.5 acres at the end of a quiet road
- Current rents total $4,650/month
- Each unit has updated finishes with private deck or patio and its own unique layout
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 | $52.5k | $13.80 |
| − Vacancy | −$3.6k | −$0.94 |
| EGI | $48.9k | $12.86 |
| − OpEx | −$14.7k | −$3.86 |
| NOI | $34.3k | $9.00 |
3,806 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$489.3K
$428.1K – $570.9K
NOI $34,251 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$432.9K
$378.8K – $505.1K
NOI $30,304 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$1.02M
$893.9K – $1.19M
NOI $71,511 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Remodeled quadplex features updated finishes, private decks or patios, and a shared outdoor gathering area.
Where is this quadplex located?
The property is located at 11048 Orpha Road 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: 1975‑built 4‑unit investment property on 1.5 acres at the end of a quiet road; Current rents total $4,650/month; Each unit has updated finishes with private deck or patio and its own unique layout
