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Duplex with Two-Bedroom Units
For Sale
$345,000

1209 Carlsbad Trace #1209 & 1211, Fayetteville, AR 72704

Two separate residences provide a practical configuration for rental occupancy or owner use.

Property Size1,763 SF
Price / SF$195.69
Days on Market52

Property Features for 1209 Carlsbad Trace #1209 & 1211

General Information

Standard status Active
Size 1,763 SF
Property subtype Multi Family Home

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,952

Amenities

Concrete Driveway

Building Details

Building Size 1,763 SF
Year Built 1981
Stories 1
Units 2
Listing Agency: PAK Home Realty
Listed By: Abdi Jaimes-Reyes · License #SA00074400
Source: Beaverlakerealty
Added: Sep 14 Changed: Nov 3 Last Checked: Nov 3 at 3:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PAK Home Realty

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Investment Insights

Based on property information with market context.

This duplex contains two 2-bedroom, 1-bath units, with a combined property size of 1,763 square feet. Built in 1981, the property offers a two-unit residential configuration in Fayetteville.

Access to I-49 and Wedington connects the property with the University of Arkansas, as well as nearby shopping, dining, parks, and trails.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bath
  • 1,763 square feet of property size
  • Built in 1981

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,866
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,320 $317.3K
Cap Rate 7%
$226,657 $226.7K
Cap Rate 9%
$176,289 $176.3K
Market Conditions
NOI Build-Up for 1,763 SF
Gross rent
$24.3K $13.80/SF
− Vacancy
−$1.7K −$0.94/SF
EGI
$22.7K $12.86/SF
− OpEx
−$6.8K −$3.86/SF
NOI
$15.9K $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%
$317,320
Cap Rate 7%
$226,657
Cap Rate 9%
$176,289

Alternative Uses

Best Use
Multifamily LT 5
$226.7K
$198.3K – $264.4K (±1% cap)
NOI $15,866 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$200.5K
$175.5K – $234.0K (±1% cap)
NOI $14,037 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$473.2K
$414.1K – $552.1K (±1% cap)
NOI $33,125 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 72704, AR

31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value

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 - Two separate residences provide a practical configuration for rental occupancy or owner use.
Where is this duplex located?
The property is located at 1209 Carlsbad Trace #1209 & 1211 Fayetteville, AR.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bath; 1,763 square feet of property size; Built in 1981
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Includes: Price & PSF · Cap rate · Location · Zoning

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