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Duplex with Landscaped Courtyard

118 Fox Run Place, Lowell, AR 72745

For Sale
New
$500,000

Residential, Lowell, AR

Property Size2,976 SF
Lot Size0.31 Acres
Price / SF$168.01
Days on Market1

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 Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 5
Parking features Garage, Open
Window features Blinds
Interior features CeilingFans, WindowTreatments
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, W Monroe Exit / go left about 1/2 mile / L on Fox Run Pl / Duplex will be on left.
Standard status Active
APN 12-00725-000
Size 2,976 SF
Lot size 0.31 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Description PLAT 8/12/1992 16-307
Tax Annual Amount 2474
Legal Description PLAT 8/12/1992 16-307

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Electric, Central Air
Water source Public

Amenities

courtyard
pergola
patio
covered patio
bar

Building Details

Year built 1993
Floors in Building 1
Number of units 2
Flooring type Vinyl, Tile
Building materials Brick
Roof type Shingle
Listing Agency: Lindsey & Assoc Inc Branch
Listed By: Dalton Orband · License AR AB00096936
Added: Nov 9 Last Checked: Nov 9 at 8:06PM
MLS# 1367514

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.

Rey
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Investment Insights

Based on property information with market context.

This brick duplex contains two residences, each with three bedrooms and two full bathrooms, across 2,976 square feet. The property was built in 1993 and occupies a 0.31-acre lot. A gated entry opens to a landscaped courtyard with a concrete path and pergola. Each residence has a separate utility meter. Unit A includes a full-length patio with a covered section and a heater installed in 2025. Unit B has double-pane windows and a walk-in shower paired with a step-in bathtub.

The property is in a cul-de-sac in Lowell, with I-49 and Highway 71 Business identified as nearby routes. The J.B. Hunt Home Office is also noted as minutes away. Parking includes a garage and open spaces; public water and public sewer serve the property.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 full bathrooms
  • 2,976 square feet on a 0.31‑acre lot
  • Separate utility meters for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,164
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,280 $543.3K
Cap Rate 7%
$388,057 $388.1K
Cap Rate 9%
$301,822 $301.8K
Market Conditions
NOI Build-Up for 2,976 SF
Gross rent
$41.1K $13.80/SF
− Vacancy
−$2.3K −$0.76/SF
EGI
$38.8K $13.04/SF
− OpEx
−$11.6K −$3.91/SF
NOI
$27.2K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,280
Cap Rate 7%
$388,057
Cap Rate 9%
$301,822

Alternative Uses

Best Use
Multifamily LT 5
$388.1K
$339.6K – $452.7K (±1% cap)
NOI $27,164 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$346.3K
$303.0K – $404.0K (±1% cap)
NOI $24,238 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$817.8K
$715.6K – $954.1K (±1% cap)
NOI $57,248 @ 7.0% cap · market cap 11.45%
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
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Lease Details

2
Residential units
Yes
Highway access
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Benton County, AR

$188 Jul
$192 Aug
$191 Sep
$187 Oct

Properties on Market for Duplexes in Benton County

Jul
Aug
Sep
Oct

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 - Separate utility meters and private outdoor areas support distinct occupancy for each residence.
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 $500,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 2,976 square feet on a 0.31‑acre lot; Separate utility meters for each residence
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