Residential Income Property with Indoor
12842 Ruby Road Farmington, AR 72730
New
For Sale
$589,000
MULTI_FAMILY - Farmington, AR
Property Size2,823 SF
Lot Size0.75 Acres
Price / SF$208.64
Days on Market4
Property Features for 12842 Ruby Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage, Parking Lot
Patio and Porch features
Patio
Exterior features
ConcreteDriveway, GravelDriveway
Fireplace
1
Appliances
DoubleOven, GasWaterHeater
Standard status
Active
APN
760-01916-901
Size
2,823 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Description
ANNEXED INTO CITY OF FARMINGTON FOR 2008 & FOLLOWING YEARS PER 2008-8 PT SE NW 0.75 AC FURTHER DESCRIBED FROM 2014-30128 AS: A PART OF THE SOUTHEAST QUARTER (SE 1/4) OF THE NORTHWEST QUARTER (NW 1/4) OF SECTION 27, TOWNSHIP
Tax Annual Amount
3502
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2004
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Brick, VinylSiding
Roof type
Shingle, Asphalt
Listing Agency:
Roots Real Estate Group
(479) 966-9753
Listed By:
Hunt Homes
(479) 310-6581
Added: Jul 27
Changed: Jul 29
Last Checked: Jul 30 at 6:06AM
MLS# 1356778
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 turnkey residential income property includes a 3-bedroom, 2-bath single-family home with an indoor heated pool, along with an additional apartment unit. The home features quartz counters, fresh paint, and a new roof (2023) on both units, plus a climate-controlled garage with finished floors. Exterior features include a fully fenced yard, a smaller fenced area between the structures, and a private drive.
Also onsite is a large workshop measuring 950 square feet with a high ceiling and a 12-foot roll-up door. The shop is plumbed for an additional bathroom, and it includes a smaller interior mudroom area in the apartment that can be separated.
The property is currently described as zoned residential and moving toward commercial. Convenience to I-49 N and the University of Arkansas is noted in the listing remarks as part of the rental appeal.
Also onsite is a large workshop measuring 950 square feet with a high ceiling and a 12-foot roll-up door. The shop is plumbed for an additional bathroom, and it includes a smaller interior mudroom area in the apartment that can be separated.
The property is currently described as zoned residential and moving toward commercial. Convenience to I-49 N and the University of Arkansas is noted in the listing remarks as part of the rental appeal.
Key Highlights
- Single‑family 3/2 home plus 1/2 apartment with combined rental‑income potential of approximately $3,300–$3,900/month
- Indoor heated pool, fully fenced yard, and separate smaller fenced area between structures
- Includes a 950 SF high‑ceiling shop with 12‑ft roll‑up door; plumbed for an additional bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $13.80 |
| − Vacancy | −$2.7k | −$0.94 |
| EGI | $36.3k | $12.86 |
| − OpEx | −$10.9k | −$3.86 |
| NOI | $25.4k | $9.00 |
2,823 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$362.9K
$317.6K – $423.4K
NOI $25,405 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$321.1K
$281.0K – $374.6K
NOI $22,477 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$757.7K
$663.0K – $884.0K
NOI $53,042 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey income property with indoor heated pool, fenced yard, and a high-ceiling workshop with roll-up door.
Where is this duplex located?
The property is located at 12842 Ruby Road Farmington, AR.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Single‑family 3/2 home plus 1/2 apartment with combined rental‑income potential of approximately $3,300–$3,900/month; Indoor heated pool, fully fenced yard, and separate smaller fenced area between structures; Includes a 950 SF high‑ceiling shop with 12‑ft roll‑up door; plumbed for an additional bathroom
