Search
Two-Unit Duplex with Patios
New
For Sale
$139,900

1416 S Bailey Street, Jacksonville, AR 72076

Residential, Traditional, Jacksonville, AR

Property Size1,488 SF
Lot Size0.24 Acres
Price / SF$94.02
Days on Market1

Property Features for 1416 S Bailey Street

General Information

Property type Residential
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Laundry Room, Bedroom 4, Bedroom 2, Bathroom 1
Patio and Porch features Patio
Interior features Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Ceiling Fan(s), Kit Counter- Granite Slab
Exterior features Patio
Appliances Free-Standing Stove, Electric Range, Dishwasher, Pantry, Refrigerator-Stays
Subdivision STAMPS JOHN
Lot features Level, In Subdivision
Directions North Interstate 57, (67/167), take first exit Redmond Road, go over railroad track, turn left on Ellis, left on South Bailey, duplex on left.
Standard status Active
APN 12J-095-00-006-00
Size 1,488 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 6/0
Tax Annual Amount 814
Legal Description 6/0

Building Details

Year built 2011
Floors in Building 1
Flooring type Concrete
Roof type Composition
Architectural style Other
Listing Agency: Michele Phillips & Co. Realtors
Listed By: Tracy Smith · License #SA00078039
Added: Oct 5 Last Checked: Oct 5 at 1:06PM
MLS# 26040216

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.

Investment Insights

Based on property information with market context.

Built in 2011, this duplex contains 1,488 square feet across two units, each configured with two bedrooms and one bathroom. Both residences have eat-in kitchens with appliances, including a stove, dishwasher, and refrigerator. Concrete flooring runs through the interiors, and each unit has its own patio and parking area. The property sits on a 0.24-acre lot in Jacksonville, Arkansas.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 1,488 square feet of building area on 0.24 acres
  • Built in 2011

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,505
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,100 $250.1K
Cap Rate 7%
$178,643 $178.6K
Cap Rate 9%
$138,944 $138.9K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$19.1K $12.84/SF
− Vacancy
−$1.2K −$0.83/SF
EGI
$17.9K $12.01/SF
− OpEx
−$5.4K −$3.60/SF
NOI
$12.5K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,100
Cap Rate 7%
$178,643
Cap Rate 9%
$138,944

Alternative Uses

Best Use
Multifamily LT 5
$178.6K
$156.3K – $208.4K (±1% cap)
NOI $12,505 @ 7.0% cap · market cap 8.94%
Second Best
Apartment 5plus
$159.9K
$139.9K – $186.6K (±1% cap)
NOI $11,194 @ 7.0% cap · market cap 8.00%
Theoretical Best
Specialty Retail
$283.8K
$248.4K – $331.2K (±1% cap)
NOI $19,869 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Bakery Computer & Electronic Repair Law Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 72076, AR

38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes an eat-in kitchen, appliances, and a separate parking area.
Where is this duplex located?
The property is located at 1416 S Bailey Street Jacksonville, AR.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,488 square feet of building area on 0.24 acres; Built in 2011
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again