Renovated Residential Income
For Sale
$275,000
12 Fairway Woods Circle, Maumelle, AR 72113
Residential, Traditional, Maumelle, AR
Property Size1,883 SF
Price / SF$146.04
Days on Market99
Property Features for 12 Fairway Woods Circle
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3
Parking features
Garage, Open
Patio and Porch features
Deck
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-in Shower, Kit Counter-Quartz
Exterior features
Deck, Outside Storage Area
Fireplace
1
Appliances
Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry
Subdivision
Fairway Woods HPR
Lot features
Level, Cul-de-sac, Golf Course Frontage, Wooded, Cleared, In Subdivision, Golf View
Directions
From Maumelle Blvd., turn left onto Odom South, turn left onto Club Manor, then turn right into Fairway Woods.
Standard status
Active
Size
1,883 SF
Taxes and HOA fees
Tax Description
Lot12 Block0 FAIRWAY WOODS HPR
Tax Annual Amount
1918
HOA Fee
$360 Monthly
Legal Description
Lot12 Block0 FAIRWAY WOODS HPR
Amenities
community pool
clubhouse access
outdoor storage
Building Details
Year built
1984
Floors in Building
2
Flooring type
Vinyl, Tile
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Keller Williams Realty
(501) 907-5959
Listed By:
Ken Maier
(870) 830-2529
Added: Jul 14
Changed: Oct 18
Last Checked: Oct 20 at 5:06AM
MLS# 26028408
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 1,883-square-foot condominium at 12 Fairway Woods Circle provides three bedrooms, a loft, and a main-level primary suite within a two-level layout. Renovations include quartz kitchen counters, stainless steel appliances, updated plumbing fixtures, refreshed bathrooms, new lighting, fresh interior paint, luxury vinyl plank flooring, upgraded hardware, and updated thermostats. The home also includes a separate dining area, eat-in kitchen space, walk-in storage, a deck, and an outdoor storage area.
The residence overlooks the first tee of Maumelle Country Club and is part of an HOA community with access to a pool and clubhouse. A private one-car garage and open parking support everyday convenience. Additional updates include a new AC compressor, new front door, fresh sod, and a shingle roof replacement approximately three years ago. Built in 1984, the property includes gas water heating, electric dryer connections, and a fireplace.
The residence overlooks the first tee of Maumelle Country Club and is part of an HOA community with access to a pool and clubhouse. A private one-car garage and open parking support everyday convenience. Additional updates include a new AC compressor, new front door, fresh sod, and a shingle roof replacement approximately three years ago. Built in 1984, the property includes gas water heating, electric dryer connections, and a fireplace.
Key Highlights
- 1,883‑square‑foot condominium with three bedrooms and a loft
- Private one‑car garage plus open parking
- Views overlooking the first tee of Maumelle Country Club
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,165
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,300
$283.3K
Cap Rate 7%
$202,357
$202.4K
Cap Rate 9%
$157,389
$157.4K
Market Conditions
NOI Build-Up for 1,883 SF
Gross rent
$27.3K $14.52/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$25.8K $13.68/SF
− OpEx
−$11.6K −$6.16/SF
NOI
$14.2K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,300
Cap Rate 7%
$202,357
Cap Rate 9%
$157,389
Alternative Uses
Best Use
Apartment 5plus
$202.4K
$177.1K – $236.1K
NOI $14,165 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$359.2K
$314.3K – $419.1K
NOI $25,143 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
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Business Placement
Demographics for 72113, AR
25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom condo with a private garage, golf-course views, pool, and clubhouse access.
Where is this residential income property located?
The property is located at 12 Fairway Woods Circle Maumelle, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,883‑square‑foot condominium with three bedrooms and a loft; Private one‑car garage plus open parking; Views overlooking the first tee of Maumelle Country Club
