Rogers Duplex with
1308 & 1310 W Lela Street Rogers, AR 72758
1308 & 1310 W Lela Street, Rogers, AR, 72758
$415,000
Pending
For Sale
$415,000
Pending
Centrally located 2-bed/2-bath duplex with garages and decks.
Property Size2,534 SF
Days on Market252
Property Features for 1308 & 1310 W Lela Street
General Information
- Standard status
- Pending
- Size
- 2,534 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1994
Listing Agency
Lindsey & Assoc Inc Branch
(479) 659-1804
Listed by
Bob Orband · License #SA00061791
(479) 659-1804
Source
Exitrealty
Added: Nov 7, 2025 Checked: Jul 17 at 5:35 am
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 Lindsey & Assoc Inc Branch
Investment Insights
Based on property information with market context.
This is a centrally located brick duplex in Rogers. Each side features 2 bedrooms and 2 bathrooms, along with a 1-car garage and a newly built back deck. Both sides are currently rented with month-to-month leases. The property offers an investment opportunity, or the option to live in one side and collect rent from the other. The property size is 2534 square feet.
Key Highlights
- Great investment opportunity with existing tenants
- Live in one unit and rent the other for income
- Centrally located in Rogers
Local 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 | $35.0k | $13.80 |
| − Vacancy | −$1.9k | −$0.76 |
| EGI | $33.0k | $13.04 |
| − OpEx | −$9.9k | −$3.91 |
| NOI | $23.1k | $9.13 |
2,534 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$330.4K
$289.1K – $385.5K
NOI $23,130 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$294.8K
$258.0K – $344.0K
NOI $20,638 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$696.4K
$609.3K – $812.4K
NOI $48,745 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Centrally located 2-bed/2-bath duplex with garages and decks.
Where is this duplex located?
The property is located at 1308 & 1310 W Lela Street Rogers, AR.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Great investment opportunity with existing tenants; Live in one unit and rent the other for income; Centrally located in Rogers
