All-Brick Triplex with Privacy-Fenced
For Sale
$539,900
1270 -1274 Trinity Drive, Fayetteville, AR 72704
MULTI_FAMILY - Fayetteville, AR
Property Size3,174 SF
Lot Size0.28 Acres
Price / SF$170.10
Days on Market125
Property Features for 1270 -1274 Trinity Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 6, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 5, Bedroom 5
Window features
Vinyl Frames
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
Dryer, Dishwasher, ElectricCooktop, ElectricWaterHeater, Disposal, Microwave, RangeHood, Washer
Subdivision
Trinity Place Triplex Units
Lot features
Central Business District, Cleared, City Lot
Directions
.
Standard status
Active
APN
765-24486-000
Size
3,174 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
Lot 1, Trinity Place Triplex Units S/D, City of Fayetteville
Tax Annual Amount
2856
Legal Description
Lot 1, Trinity Place Triplex Units S/D, City of Fayetteville
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
spray foam insulation
private patios
refrigerator, washer and dryer
new HVAC systems
Building Details
Year built
2005
Floors in Building
1
Number of units
3
Flooring type
Tile, Carpet, Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Phillip Shepard · License #SA00089829
(479) 332-9631
Added: Apr 18
Changed: Aug 1
Last Checked: Aug 20 at 3:06AM
MLS# 1343378
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.
This triplex at 1270-1274 Trinity Drive in Fayetteville, AR features three all-brick units with solid steel frame construction. Built in 2005, the property includes low-maintenance exteriors, energy-efficient spray foam insulation, and enclosed privacy-fenced back patios for outdoor living. Each unit is laid out with 2 bedrooms and 2 bathrooms, with primary suites that include an attached bath and walk-in closet. Dedicated parking is provided with two parking spaces per unit.
The property is positioned just off I-49 on a private street, approximately 3 miles from the University of Arkansas, and convenient to dining, shopping, and entertainment. Updates noted include new HVAC systems, and a new AC unit on one unit. Plumbing and utilities include public water and public sewer, with a shingle roof. Interior finishes include tile, carpet, and vinyl flooring, and the units include appliances such as a refrigerator, washer, and dryer.
The property is sold as-is.
The property is positioned just off I-49 on a private street, approximately 3 miles from the University of Arkansas, and convenient to dining, shopping, and entertainment. Updates noted include new HVAC systems, and a new AC unit on one unit. Plumbing and utilities include public water and public sewer, with a shingle roof. Interior finishes include tile, carpet, and vinyl flooring, and the units include appliances such as a refrigerator, washer, and dryer.
The property is sold as-is.
Key Highlights
- 0.2756‑acre lot with three all‑brick units
- 3 miles from the University of Arkansas, just off I‑49 on a private street
- Each unit has 2 beds and 2 baths with walk‑in closets
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
$28,564
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
5.29%
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%
$571,280
$571.3K
Cap Rate 7%
$408,057
$408.1K
Cap Rate 9%
$317,378
$317.4K
Market Conditions
NOI Build-Up for 3,174 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
$43.8K $13.80/SF
− Vacancy
−$3.0K −$0.94/SF
EGI
$40.8K $12.86/SF
− OpEx
−$12.2K −$3.86/SF
NOI
$28.6K $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 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%
$571,280
Cap Rate 7%
$408,057
Cap Rate 9%
$317,378
Alternative Uses
Best Use
Multifamily LT 5
$408.1K
$357.1K – $476.1K
NOI $28,564 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$361.0K
$315.9K – $421.2K
NOI $25,272 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$852.0K
$745.5K – $994.0K
NOI $59,637 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex near I-49 offers three 2 bed, 2 bath units with private, privacy-fenced back patios and dedicated parking.
Where is this triplex located?
The property is located at 1270 -1274 Trinity Drive Fayetteville, AR.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 0.2756‑acre lot with three all‑brick units; 3 miles from the University of Arkansas, just off I‑49 on a private street; Each unit has 2 beds and 2 baths with walk‑in closets
