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Park-Side Duplex
New
For Sale
$375,000

117 & 129 E Ella Street, Fayetteville, AR 72701

Residential, Fayetteville, AR

Property Size1,536 SF
Lot Size0.18 Acres
Price / SF$244.14
Days on Market3

Property Features for 117 & 129 E Ella Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bedroom 1
Window features Vinyl Frames
Exterior features ConcreteDriveway
Appliances Dryer, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, MicrowaveHoodFan, Microwave, Refrigerator, SelfCleaningOven, Washer
Subdivision Burl Dodd Add
Lot features Central Business District, Corner Lot, City Lot, Level, Not In Subdivision, Near Park
Elementary school district Fayetteville
Middle school district Fayetteville
High school district Fayetteville
Directions From MLK go south on S College, then Left of Ella Street, Duplex on Right.
Standard status Active
APN 765-03380-000
Size 1,536 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description LOT 1 BLOCK 8 BURL DODD ADD
Tax Annual Amount 2237
Legal Description LOT 1 BLOCK 8 BURL DODD ADD

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central, Heat Pump (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2007
Floors in Building 1
Number of units 2
Flooring type Vinyl, Tile
Building materials VinylSiding
Roof type Asphalt, Shingle
Architectural style Other
Buildings 1
Listing Agency: Keller Williams Market Pro Realty · Keller Williams Realty
Listed By: NWA Real Estate HUB
Added: Oct 29 Last Checked: Oct 31 at 1:06AM
MLS# 1366567

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 2007 duplex contains 1,536 square feet across two units on a 0.1831-acre lot. Interior finishes include tile and vinyl flooring, and appliances are included. The property has central heating and cooling, a concrete driveway, and public water and sewer service.

Walker Park is directly next to the property, with downtown Fayetteville and the University of Arkansas a short drive away. Both units are currently vacant.

Key Highlights

  • Two‑unit duplex with 1,536 square feet of building area
  • 0.1831‑acre lot
  • Built in 2007

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,823
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,460 $276.5K
Cap Rate 7%
$197,471 $197.5K
Cap Rate 9%
$153,589 $153.6K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$21.2K $13.80/SF
− Vacancy
−$1.4K −$0.94/SF
EGI
$19.7K $12.86/SF
− OpEx
−$5.9K −$3.86/SF
NOI
$13.8K $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%
$276,460
Cap Rate 7%
$197,471
Cap Rate 9%
$153,589

Alternative Uses

Best Use
Multifamily LT 5
$197.5K
$172.8K – $230.4K (±1% cap)
NOI $13,823 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$174.7K
$152.9K – $203.8K (±1% cap)
NOI $12,230 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$412.3K
$360.8K – $481.0K (±1% cap)
NOI $28,860 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 72701, AR

48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are vacant and include appliances, with tile and vinyl flooring throughout.
Where is this duplex located?
The property is located at 117 & 129 E Ella Street Fayetteville, 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: Two‑unit duplex with 1,536 square feet of building area; 0.1831‑acre lot; Built in 2007
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