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Side-by-Side Duplex with Private Courtyard
For Sale
$530,800

118 Fox Run Place, Lowell, AR 72745

MULTI_FAMILY - Lowell, AR

Property Size2,976 SF
Lot Size0.31 Acres
Price / SF$178.36
Days on Market92

Property Features for 118 Fox Run Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1
Parking features Garage, Open
Window features Vinyl Frames
Exterior features ConcreteDriveway
Appliances Dishwasher, ElectricRange, Disposal, GasWaterHeater, Microwave
Subdivision Fox Run Sub Lowell
Lot features Cul De Sac, City Lot, Level, Near Park, Subdivision
Elementary school district Rogers
Middle school district Rogers
High school district Rogers
Directions From I-49 take West Monroe Exit East about a half mile just before 71B turn left from left turning lane into Fox Run. Duplex will be on the left.
Standard status Active
APN 12-00725-000
Size 2,976 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description Lot 3 Block 0 Fox Run Sub Lowell
Tax Annual Amount 2474
Legal Description Lot 3 Block 0 Fox Run Sub Lowell

Utilities

Heating system Central, Natural Gas
Cooling system Electric, Central Air

Amenities

private gate
landscaped courtyard
concrete walkway covered by a pergola
patio covers
screened security front doors
bar

Building Details

Year built 1993
Floors in Building 1
Number of units 2
Flooring type Tile, Vinyl
Building materials Brick
Roof type Shingle
Listing Agency: Dick Weaver And Associate Inc
Listed By: Michael Simmons · License #PB00082816
Added: May 7 Changed: Aug 1 Last Checked: Aug 6 at 3:06AM
MLS# 1344524

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.

Updated true side-by-side duplex designed for complete independence between units, with separately metered utilities. Enter through a private gate into a landscaped courtyard with a concrete walkway covered by a pergola, setting a welcoming, tucked-away arrival.

Each side provides a full dual-living layout with 3 bedrooms and 2 full bathrooms. The property features brick construction, a shingle roof, tile and vinyl flooring, central heating with natural gas, and central air with electric cooling. Parking includes a garage and open parking.

Recent updates on both units include a new roof, new gutters, interior paint, bathroom faucet updates, high-rise toilets, new back doors, screened security front doors, added attic insulation, and new exterior and interior lighting fixtures. Improvements also include a wood fence with double extended gates. Unit A includes a new furnace (as of 2025), a full-length patio with patio cover and bar, and a new garage door opener with springs. Unit B includes newly installed high-efficiency double pane vinyl windows, plus a walk-in shower with step-in bathtub, along with patio/patio cover and a garage door upgrade.

Key Highlights

  • Updated true side‑by‑side duplex with separately metered utilities
  • Landscaped courtyard entry through a private gate with pergola‑covered concrete walkway
  • 3 bedrooms and 2 full bathrooms on each side for independent living

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 $41.1k $13.80
− Vacancy −$2.3k −$0.76
EGI $38.8k $13.04
− OpEx −$11.6k −$3.91
NOI $27.2k $9.13
2,976 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$388.1K
$339.6K – $452.7K (±1% cap)
NOI $27,164 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$346.3K
$303.0K – $404.0K (±1% cap)
NOI $24,238 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$817.8K
$715.6K – $954.1K (±1% cap)
NOI $57,248 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby

Demographics for 72745, AR

13,371
Population
5,324
Households
2.5
Avg Household Size
35
Median Age
26%
College-Educated
85%
High-School Grad
31.8 sq mi
ZIP Area
420
Density / Sq Mi
$88,958
Median Household Income
$49,144
Median Earnings
$1,119
Median Rent
$255,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated side-by-side duplex with separately metered utilities, landscaped courtyard entry, and two independent 3-bedroom homes.
Where is this duplex located?
The property is located at 118 Fox Run Place Lowell, AR.
What is the asking price?
The asking price for this property is $530,800.
What are key features of this property?
This property features: Updated true side‑by‑side duplex with separately metered utilities; Landscaped courtyard entry through a private gate with pergola‑covered concrete walkway; 3 bedrooms and 2 full bathrooms on each side for independent living
More about this property
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