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Recently Remodeled 4-Unit Multifamily

1502 A B C D Oriole Street Springdale, AR 72764

New
1502 A B C D Oriole Street, Springdale, AR, 72764
$665,000
For Sale
$665,000

MULTI_FAMILY - Springdale, AR

Property Size4,096 SF
Lot Size0.32 Acres
Price / SF$162.35
Days on Market3

Property Features for 1502 A B C D Oriole Street

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Rooms
Bedroom 8, Bedroom 4, Bathroom 2, Bathroom 6, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 7, Bathroom 3, Bedroom 7, Bathroom 4, Bathroom 8, Bedroom 3, Bathroom 5, Bedroom 5
Parking features
Parking Lot
Patio and Porch features
Patio
Exterior features
ConcreteDriveway
Appliances
BuiltInRange, BuiltInOven, CounterTop, Dryer, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, RangeHood, Washer
Standard status
Active
APN
815-24364-000
Size
4,096 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Description
Lot 13, Block 4, Parson Hills Subdivision, Phase II
Tax Annual Amount
2797

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric

Building Details

Year built
1986
Floors in Building
2
Number of units
4
Flooring type
Carpet, Vinyl
Building materials
VinylSiding
Roof type
Shingle
Listing Agency Keller Williams Market Pro Realty
1200 N College Ave, Fayetteville, AR
Listed by Heather Miley · License #SA00088352
Added: Jul 17 Checked: Jul 19 at 12:06 pm
MLS# 1355421 Listing URL

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.


Investment Insights

Based on property information with market context.

This is a four-unit multifamily property configured as 2-bedroom, 1.5-bath units. The interior has been substantially updated with a newer roof and updated HVAC units, along with refreshed flooring and interior paint. Kitchen updates include refinished cabinets and new countertops, plus modern lighting and plumbing fixtures throughout. Each unit includes updated kitchen appliances, with refrigerators and washers and dryers included.

The property is located in East Springdale, with access to Emma Avenue and downtown Springdale less than 3 miles away. The listing notes proximity to schools, grocery stores, restaurants, shopping, and trails.

Lot size is listed at 0.3214 acres, and the property size is 4,096 square feet. Showings are not available until an accepted offer, and tenants should not be disturbed.

Key Highlights

  • 4‑unit multifamily built in 1986 with 2‑bedroom, 1.5‑bathroom units
  • Recently remodeled interior with updated flooring, interior paint, refinished cabinets, new countertops, and modern lighting and plumbing fixtures
  • Newer roof plus updated HVAC units; central heating and central air

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $56.5k $13.80
− Vacancy −$3.9k −$0.94
EGI $52.7k $12.86
− OpEx −$15.8k −$3.86
NOI $36.9k $9.00
4,096 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$526.6K
$460.8K – $614.4K (±1% cap)
NOI $36,861 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$465.9K
$407.7K – $543.6K (±1% cap)
NOI $32,613 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.10M
$962.0K – $1.28M (±1% cap)
NOI $76,960 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Four recently remodeled units with updated roofs, HVAC, finishes, and in-unit appliances and laundry equipment.
Where is this quadplex located?
The property is located at 1502 A B C D Oriole Street Springdale, AR.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 4‑unit multifamily built in 1986 with 2‑bedroom, 1.5‑bathroom units; Recently remodeled interior with updated flooring, interior paint, refinished cabinets, new countertops, and modern lighting and plumbing fixtures; Newer roof plus updated HVAC units; central heating and central air
Contact an agent
More about this property
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