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Two-Unit Duplex Property

1415-1417 Stafford, Sherwood, AR 72120

For Sale
$199,000

Multi-Family, Traditional, Sherwood, AR

Property Size2,320 SF
Lot Size0.24 Acres
Price / SF$85.78
Days on Market425

Property Features for 1415-1417 Stafford

General Information

Property type Residential Multi Family
Property subtype Duplex
Appliances Free-Standing Stove, Free-Standing Stove
Subdivision Royal Manor
Lot features Level
Directions keihl to Stafford
Standard status Active
APN 23S-049-00-032-00
Size 2,320 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Blk4Lot6
Tax Annual Amount 1788
Legal Description Blk4Lot6

Building Details

Year built 1976
Floors in Building 1
Number of units 2
Flooring type Tile, Carpet - Partial
Roof type Composition
Architectural style Other
Listing Agency: CENTURY 21 Prestige Realty · Century 21 Real Estate
Listed By: John Belden Sr. · License AR PB00068696
Added: Sep 14, 2025 Changed: Sep 12 Last Checked: Nov 12 at 7:06AM
MLS# 25037174

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex property contains 2,320 square feet on a 0.24-acre parcel in Sherwood, Arkansas. The building dates to 1976 and includes partial carpet and tile flooring, along with two listed free-standing stoves. A composition roof completes the primary building improvements.

The property is located at 1415-1417 Stafford in Sherwood, within Pulaski County and ZIP Code 72120-5028. Its two-unit configuration provides a defined multifamily format, while the documented interior finishes and appliance package offer a clear overview of the existing improvements.

Key Highlights

  • Duplex configuration with two residential units
  • 2,320 square feet of building area
  • 0.24‑acre parcel in Sherwood, AR

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,453
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,060 $349.1K
Cap Rate 7%
$249,329 $249.3K
Cap Rate 9%
$193,922 $193.9K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$33.7K $14.52/SF
− Vacancy
−$2.0K −$0.84/SF
EGI
$31.7K $13.68/SF
− OpEx
−$14.3K −$6.16/SF
NOI
$17.5K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,060
Cap Rate 7%
$249,329
Cap Rate 9%
$193,922

Alternative Uses

Best Use
Multifamily LT 5
$278.5K
$243.7K – $325.0K (±1% cap)
NOI $19,497 @ 7.0% cap · market cap 9.80%
Second Best
Apartment 5plus
$249.3K
$218.2K – $290.9K (±1% cap)
NOI $17,453 @ 7.0% cap · market cap 8.77%
Theoretical Best
Specialty Retail
$442.5K
$387.2K – $516.3K (±1% cap)
NOI $30,978 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 72120, AR

34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Sherwood, AR

$93.11 Jul
$90.91 Aug
$91.1 Sep
$90.67 Oct

Properties on Market for Duplexes in Sherwood

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Interior finishes include partial carpet and tile flooring, with free-standing stoves provided for the two-unit layout.
Where is this duplex located?
The property is located at 1415-1417 Stafford Sherwood, AR.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Duplex configuration with two residential units; 2,320 square feet of building area; 0.24‑acre parcel in Sherwood, AR
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