Two-Unit
New
For Sale
$139,900
1416 S Bailey Street, Jacksonville, AR 72076
Multi-Family, Traditional, Jacksonville, AR
Property Size1,488 SF
Lot Size0.24 Acres
Price / SF$94.02
Days on Market2
Property Features for 1416 S Bailey Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Patio
Interior features
Washer-Stays, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector
Exterior features
Partially Fenced, Patio
Fencing
Partial
Appliances
Free-Standing Stove, Electric Range, Dishwasher, Pantry, Refrigerator-Stays, Free-Standing Stove, Electric Range, Dishwasher, Pantry, Refrigerator-Stays
Subdivision
Stamps John
Lot features
Level, In Subdivision
Directions
North 57, first exit right onto Redmond, cross railroad track, left on Ellis, left on S. 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
Number of units
2
Flooring type
Concrete
Roof type
Composition
Architectural style
Other
Listing Agency:
Michele Phillips & Co. Realtors
(501) 834-3433
Listed By:
Tracy Smith · License #SA00078039
(501) 912-1874
Added: Oct 5
Last Checked: Oct 6 at 3:06PM
MLS# 26040364
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.
This 1,488-square-foot duplex contains two residences, each arranged with two bedrooms and one bathroom. The kitchens include eating areas, and appliances are in place. Concrete flooring, a patio, partial fencing, and electric dryer connections are among the property’s features. The building was constructed in 2011 and occupies a 0.24-acre lot.
One residence is tenant-occupied, while the other is vacant and available for showings. Each unit has its own parking and outdoor space.
One residence is tenant-occupied, while the other is vacant and available for showings. Each unit has its own parking and outdoor space.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,488 square feet on a 0.24‑acre lot
- 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
NOI $12,505 @ 7.0% cap · market cap 8.94%
Second Best
Apartment 5plus
$159.9K
$139.9K – $186.6K
NOI $11,194 @ 7.0% cap · market cap 8.00%
Theoretical Best
Specialty Retail
$283.8K
$248.4K – $331.2K
NOI $19,869 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have dedicated parking and private outdoor space.
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 on a 0.24‑acre lot; Built in 2011
