Remodeled Fourplex in East
1407 A B C D Oriole Street, Springdale, AR 72764
- Added:
- Sep 10, 2025
- Days on Market:
- 250
- Last Refresh:
- May 17 at 12:06 pm
Property Features for 1407 A B C D Oriole Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 5, Bathroom 6, Bathroom 3, Bedroom 7, Bedroom 6, Bedroom 4, Bedroom 8, Bedroom 3, Bedroom 1, Bathroom 4, Bathroom 7, Bedroom 5, Bathroom 1, Bathroom 8
- Parking features
- Parking Lot
- Patio and Porch features
- Patio, Porch
- Exterior features
- ConcreteDriveway
- Appliances
- BuiltInRange, BuiltInOven, CounterTop, Dryer, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, RangeHood, Washer
- Standard status
- Pending
- APN
- 815-24405-000
- Size
- 4,096 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Description
- Lot 13, Block 6, Parson Hills, Phase II
- Tax Annual Amount
- 2638
Utilities
- Sewer type
- Private Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle
Listing agent Jody Cohen License #SA00070744 (479) 871-3573
Listing office Keller Williams Market Pro Realty 1200 N College Ave, Fayetteville, AR (479) 718-2800
Listing date Sep 10, 2025
MLS# 1321614
Listing URL
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.
HighLights
- Remodeled 4‑plex with updated roof, HVAC (3 of 4 units), flooring, paint, cabinets, countertops, lighting, and plumbing fixtures.
- All units are currently leased, providing immediate rental income.
- Each unit features 2 bedrooms and 1.5 bathrooms.
- Includes updated kitchen appliances (refrigerators) and washers/dryers.
- Convenient location close to schools, grocery stores, restaurants, shopping, trails, and other Springdale amenities; less than 3 miles to Emma Ave and downtown.
- Concrete driveway, patio, and porch.
Overview
This is an excellent investment opportunity located in East Springdale. The property is a recently remodeled fourplex, with each unit featuring 2 bedrooms and 1.5 bathrooms. The building has an updated roof and HVAC units (3 of 4). Interior updates include new flooring, paint, refinished cabinets, countertops, and updated lighting and plumbing fixtures throughout. Kitchen appliances, including refrigerators, have been updated. Washers and dryers are included. The property is conveniently located near schools, grocery stores, restaurants, shopping, trails, and other amenities in Springdale. It is less than 3 miles from Emma Ave and downtown. The lot size is 0.3868 acres. The property size is 4096 square feet. All units are currently leased.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$409.6K
NOI $36,861 @ 9.00% cap · cautious / downside scenario
Moderate
$526.6K
NOI $36,861 @ 7.00% cap · market / base-case scenario
Aggressive
$737.2K
NOI $36,861 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.5k | $13.80 |
| − Vacancy | −$3.9k | −$0.94 |
| EGI | $52.7k | $12.86 |
| − OpEx | −$15.8k | −$3.86 |
| NOI | $36.9k | $9.00 |
4,096 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$526.6K
$460.8K – $614.4K
NOI $36,861 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$465.9K
$407.7K – $543.6K
NOI $32,613 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.10M
$962.0K – $1.28M
NOI $76,960 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Springdale
- County
- Washington
- State
- Arkansas
- Longitude
- -94.107938
- Latitude
- 36.175057
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Recently remodeled fourplex with updated features in a convenient location.
Where is this quadplex located?
The property is located at 1407 A B C D Oriole Street Springdale, AR.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Remodeled 4‑plex with updated roof, HVAC (3 of 4 units), flooring, paint, cabinets, countertops, lighting, and plumbing fixtures.; All units are currently leased, providing immediate rental income.; Each unit features 2 bedrooms and 1.5 bathrooms.
