Modern Duplex With Ensuite
For Sale
$650,000
1347 & 1349 S Duncan Ave, Fayetteville, AR 72701
Each residence offers an open layout, modern kitchen, and guest half bath.
Property Size2,580 SF
Price / SF$251.94
Days on Market83
Property Features for 1347 & 1349 S Duncan Ave
General Information
Standard status
Active
Size
2,580 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2021
Buildings
1
Listing Agency:
Arkansas Real Estate Group Fayetteville
Listed By:
Zachary Stanley · License #SA00087858
(479) 304-2198
Source:
Thebesthomeprice
Added: Jul 26
Changed: Oct 11
Last Checked: Oct 7 at 1:14PM
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 Arkansas Real Estate Group Fayetteville
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Investment Insights
Based on property information with market context.
This duplex contains 2,580 square feet arranged as two residences, each with an open-concept interior and a modern kitchen. Kitchen features include a gas range, open shelving, and a pantry. The bedroom suites include private ensuite bathrooms, while a half bath serves guests on the lower level.
Located at 1347 & 1349 S Duncan Ave in Fayetteville, the property is in the south Fayetteville area, with the University of Arkansas, restaurants, shopping, and trails described as minutes or moments away. The configuration provides two separately arranged living spaces within one residential income property.
Located at 1347 & 1349 S Duncan Ave in Fayetteville, the property is in the south Fayetteville area, with the University of Arkansas, restaurants, shopping, and trails described as minutes or moments away. The configuration provides two separately arranged living spaces within one residential income property.
Key Highlights
- 2,580‑square‑foot duplex with two residences
- Open floor plans in both units
- Modern kitchens with gas ranges, open shelving, and pantries
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,218
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,360
$464.4K
Cap Rate 7%
$331,686
$331.7K
Cap Rate 9%
$257,978
$258.0K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$35.6K $13.80/SF
− Vacancy
−$2.4K −$0.94/SF
EGI
$33.2K $12.86/SF
− OpEx
−$10.0K −$3.86/SF
NOI
$23.2K $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%
$464,360
Cap Rate 7%
$331,686
Cap Rate 9%
$257,978
Alternative Uses
Best Use
Multifamily LT 5
$331.7K
$290.2K – $387.0K
NOI $23,218 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$293.5K
$256.8K – $342.4K
NOI $20,543 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$692.5K
$606.0K – $807.9K
NOI $48,476 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
Business Placement
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers an open layout, modern kitchen, and guest half bath.
Where is this duplex located?
The property is located at 1347 & 1349 S Duncan Ave Fayetteville, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,580‑square‑foot duplex with two residences; Open floor plans in both units; Modern kitchens with gas ranges, open shelving, and pantries
