Duplex with Attached
For Sale
$252,000
1500 A&B N Pleasant Street, Springdale, AR 72764
Both residences are leased and offer matching two-bedroom, one-bathroom layouts.
Property Size1,650 SF
Price / SF$152.73
Days on Market11
Property Features for 1500 A&B N Pleasant Street
General Information
Standard status
Active
Size
1,650 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,771
Amenities
Ceiling Fan(s)
Other
Window Treatments
Concrete Driveway
Building Details
Building Size
1,650 SF
Year Built
1988
Buildings
1
Stories
1
Units
2
Construction
brick and vinyl
Listing Agency:
Keller Williams Market Pro Realty
(479) 718-2800
Listed By:
Jody Cohen · License #SA00070744
(479) 871-3573
Source:
Cappyharrisrealtors
Added: Oct 14
Changed: Oct 22
Last Checked: Oct 22 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Market Pro Realty
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Investment Insights
Based on property information with market context.
Built in 1988, this duplex has two matching residences, each with two bedrooms, one bathroom, and a one-car garage. The exterior combines brick and vinyl, while updated flooring and a newer roof are among the property’s improvements. Both units are currently rented.
The property is in Springdale near shopping, dining, schools, parks, and trails.
The property is in Springdale near shopping, dining, schools, parks, and trails.
Key Highlights
- Both units are currently rented
- Each residence has 2 bedrooms and 1 bathroom
- One‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,849
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,980
$297.0K
Cap Rate 7%
$212,129
$212.1K
Cap Rate 9%
$164,989
$165.0K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$22.8K $13.80/SF
− Vacancy
−$1.6K −$0.94/SF
EGI
$21.2K $12.86/SF
− OpEx
−$6.4K −$3.86/SF
NOI
$14.8K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,980
Cap Rate 7%
$212,129
Cap Rate 9%
$164,989
Alternative Uses
Best Use
Multifamily LT 5
$212.1K
$185.6K – $247.5K
NOI $14,849 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$187.7K
$164.2K – $219.0K
NOI $13,138 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$442.9K
$387.5K – $516.7K
NOI $31,002 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Explore this area
Business Placement
Demographics for 72764, AR
60,786
Population
20,781
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
72%
High-School Grad
66.2 sq mi
ZIP Area
918
Density / Sq Mi
$61,569
Median Household Income
$34,552
Median Earnings
$984
Median Rent
$226,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and offer matching two-bedroom, one-bathroom layouts.
Where is this duplex located?
The property is located at 1500 A&B N Pleasant Street Springdale, AR.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: Both units are currently rented; Each residence has 2 bedrooms and 1 bathroom; One‑car garage for each unit
