Rented Duplex with
New
For Sale
$252,000
1500 A&B N Pleasant Street, Springdale, AR 72764
Residential, Springdale, AR
Property Size1,650 SF
Lot Size0.27 Acres
Price / SF$152.73
Days on Market3
Property Features for 1500 A&B N Pleasant Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
On Street, Garage
Window features
Blinds
Patio and Porch features
Patio, Porch
Interior features
CeilingFans, WindowTreatments
Exterior features
ConcreteDriveway
Fireplace
1
Appliances
BuiltInRange, BuiltInOven, CounterTop, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator
Subdivision
Pleasant Place
Lot features
Central Business District, City Lot, Industrial Park, Level, Near Park
Elementary school district
Springdale
Middle school district
Springdale
High school district
Springdale
Directions
From 71B/ N Thompson St in Springdale, turn west on Backus Ave. Take the second Right on N Pleasant St. Property is a few block up the street on the left side of the road. Please do not disturb tenants.
Standard status
Active
APN
815-24945-000
Size
1,650 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
Lot 7, Block 3, Pleasant Place Subdivision
Tax Annual Amount
1771
Legal Description
Lot 7, Block 3, Pleasant Place Subdivision
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Building Details
Year built
1988
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Brick, VinylSiding
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Keller Williams Market Pro Realty · Keller Williams Realty
(479) 718-2800
Listed By:
Jody Cohen · License #SA00070744
(479) 871-3573
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 4:06PM
MLS# 1365096
Copyright © 2026 ArkansasONE MLS. 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 1,650-square-foot duplex in Springdale contains two residences, each with two bedrooms, one bathroom, and a one-car garage. The 0.2708-acre property was built in 1988 and has a brick and vinyl-sided exterior, shingle roof, and a mix of vinyl and carpet flooring. Central electric heating and air conditioning serve the building, and each residence has access to a patio or porch.
Key Highlights
- Both units are currently rented
- Two residences, each with 2 bedrooms, 1 bathroom, and a 1‑car garage
- 1,650 square feet on a 0.2708‑acre lot
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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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
344
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 currently leased, with a two-bedroom, one-bath layout on each side.
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; Two residences, each with 2 bedrooms, 1 bathroom, and a 1‑car garage; 1,650 square feet on a 0.2708‑acre lot
