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Duplex with Tenants In Place
For Sale
$199,000

1419-1421 Stafford, Sherwood, AR 72120

Multi-Family, Traditional, Sherwood, AR

Property Size2,370 SF
Lot Size0.20 Acres
Price / SF$83.97
Days on Market341

Property Features for 1419-1421 Stafford

General Information

Property type Residential Multi Family
Property subtype Other
Appliances Free-Standing Stove, Free-Standing Stove
Subdivision Royal Manor
Lot features Level
Directions Keihl to Stafford
Standard status Active
Size 2,370 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Blk4Lot7
Tax Annual Amount 2024
Legal Description Blk4Lot7

Building Details

Year built 1976
Floors in Building 1
Number of units 2
Flooring type Carpet - Partial, Tile
Roof type Composition
Architectural style Other
Listing Agency: CENTURY 21 Prestige Realty · Century 21 Real Estate
Listed By: John Belden Sr. · License #PB00068696
Added: Sep 14, 2025 Changed: Aug 19 Last Checked: Aug 20 at 2:06PM
MLS# 25037167

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 duplex offers an in-place tenant situation and a compact footprint on a 0.2-acre lot. The property size is 2,370 square feet, and it was built in 1976.

The duplex is located at 1419-1421 Stafford in Sherwood, AR 72120-5028 in Pulaski County. The unit interiors include a mix of carpet (partial) and tile flooring. The roof is listed as composition, and appliances include free-standing stoves.

With tenants already in place, this setup may appeal to buyers looking for a straightforward duplex configuration with existing in-place occupancy.

Key Highlights

  • 0.2‑acre lot with a 2,370 SF duplex
  • Tenants in place for the current configuration
  • Built in 1976

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,829
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.96%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$356,580 $356.6K
Cap Rate 7%
$254,700 $254.7K
Cap Rate 9%
$198,100 $198.1K
Market Conditions
NOI Build-Up for 2,370 SF 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.
Gross rent
$34.4K $14.52/SF
− Vacancy
−$2.0K −$0.84/SF
EGI
$32.4K $13.68/SF
− OpEx
−$14.6K −$6.16/SF
NOI
$17.8K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$356,580
Cap Rate 7%
$254,700
Cap Rate 9%
$198,100

Alternative Uses

Best Use
Multifamily LT 5
$284.5K
$249.0K – $332.0K (±1% cap)
NOI $19,917 @ 7.0% cap · market cap 10.01%
Second Best
Apartment 5plus
$254.7K
$222.9K – $297.2K (±1% cap)
NOI $17,829 @ 7.0% cap · market cap 8.96%
Theoretical Best
Specialty Retail
$452.1K
$395.6K – $527.4K (±1% cap)
NOI $31,646 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Law Firm (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop

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

Turnkey business
Opportunity

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a small lot with current tenants, built in 1976 and finished with carpet and tile.
Where is this duplex located?
The property is located at 1419-1421 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: 0.2‑acre lot with a 2,370 SF duplex; Tenants in place for the current configuration; Built in 1976
More about this property
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