Search
Two-Story Duplexes with Elevator
For Sale
$328,000

121 Maumelle Village Drive, Maumelle, AR 72113

TOWNHOME - Maumelle, AR

Property Size1,424 SF
Lot Size0.02 Acres
Price / SF$230.34
Days on Market13

Property Features for 121 Maumelle Village Drive

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Bedrooms 2
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Laundry Room, Bathroom 1, Bathroom 3, Bedroom 1, Great Room, Bathroom 2
Patio and Porch features Patio
Interior features Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Walk-In Closet(s), Handicapped Design, Balcony/Loft, Ceiling Fan(s), Walk-in Shower, Wired for Highspeed Inter, Elevator, Kit Counter- Granite Slab, Kit Counter-Quartz
Exterior features Patio, Wheelchair Accessible, Sport Court
Fireplace 1
Accessibility Accessible Approach with Ramp, Accessible Elevator Installed
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Ice Maker Connection
Subdivision THE VILLAGE AT MAUMELLE
Lot features Level
Directions From I-430N take Maumelle Blvd. Exit, turn left, go to Commerce Drive, take right, then left on Maumelle Village
Standard status Active
APN 42M0083800500
Size 1,424 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Lot 1 Block 2
Tax Annual Amount 113
Legal Description Lot 1 Block 2

Amenities

on-site medical services
elevator-ready

Building Details

Year built 2026
Floors in Building 2
Flooring type Vinyl
Roof type Shingle
Architectural style Contemporary, Other
Listing Agency: Moore and Co., Realtors - Benton
Listed By: Nathan Angel
Added: Jul 31 Changed: Aug 7 Last Checked: Aug 12 at 7:06PM
MLS# 26031177

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.

Investment Insights

Based on property information with market context.

Four newly constructed, two-story duplex residences are currently under construction, with an estimated year built of 2026. Each unit features elevator-ready design with an optional private elevator for access across levels, along with contemporary finishes and designer-selected fixtures and cabinetry.

The homes include a patio and support wheelchair accessibility, with an accessible approach with ramp and an accessible elevator installed. Interior appointments include a walk-in closet, walk-in shower, ceiling fans, and an in-unit laundry room. The kitchen counters are noted as granite slab and quartz, and the property includes washer and dryer connections. A fireplace is also listed.

Exterior features include a sport court, with wheelchair accessibility noted throughout. The property is listed with a lot size of 0.02 acres and a property size of 1,424 square feet.

Key Highlights

  • Four newly constructed, two‑story duplex residences under construction
  • Each unit offers optional private elevator for access across all levels
  • Elevator‑ready accessibility with accessible approach ramp and accessible elevator installed

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,967
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.65%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$239,340 $239.3K
Cap Rate 7%
$170,957 $171.0K
Cap Rate 9%
$132,967 $133.0K
Market Conditions
NOI Build-Up for 1,424 SF 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.
Gross rent
$18.3K $12.84/SF
− Vacancy
−$1.2K −$0.83/SF
EGI
$17.1K $12.01/SF
− OpEx
−$5.1K −$3.60/SF
NOI
$12.0K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$239,340
Cap Rate 7%
$170,957
Cap Rate 9%
$132,967

Alternative Uses

Best Use
Multifamily LT 5
$171.0K
$149.6K – $199.5K (±1% cap)
NOI $11,967 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$153.0K
$133.9K – $178.5K (±1% cap)
NOI $10,712 @ 7.0% cap · market cap 3.27%
Theoretical Best
Specialty Retail
$271.6K
$237.7K – $316.9K (±1% cap)
NOI $19,014 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Under construction two-story duplex residences with patio space and elevator-ready, wheelchair-accessible design.
Where is this duplex located?
The property is located at 121 Maumelle Village Drive Maumelle, AR.
What is the asking price?
The asking price for this property is $328,000.
What are key features of this property?
This property features: Four newly constructed, two‑story duplex residences under construction; Each unit offers optional private elevator for access across all levels; Elevator‑ready accessibility with accessible approach ramp and accessible elevator installed
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message