Remodeled 4-Unit
1505 A B C D Oriole Street Springdale, AR 72764
New
1505 A B C D Oriole Street, Springdale, AR, 72764
$665,000
For Sale
$665,000
MULTI_FAMILY - Springdale, AR
Property Size4,096 SF
Lot Size0.29 Acres
Price / SF$162.35
Days on Market3
Property Features for 1505 A B C D Oriole Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bathroom 3, Bathroom 8, Bedroom 4, Bedroom 8, Bathroom 7, Bathroom 6, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 6, Bedroom 1, Bedroom 7
- Parking features
- Parking Lot
- Window features
- Blinds
- Patio and Porch features
- Patio
- Interior features
- BuiltInFeatures, CeilingFans, EatInKitchen, WindowTreatments
- Exterior features
- ConcreteDriveway
- Appliances
- BuiltInRange, BuiltInOven, CounterTop, Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, RangeHood, Washer
- Standard status
- Active
- APN
- 815-24401-000
- Size
- 4,096 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- Lot 9, Block 6, Parson Hills Subdivision, Phase II
- Tax Annual Amount
- 2822
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1983
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl
- Building materials
- Brick, VinylSiding
- Roof type
- Asphalt, Shingle
Listing Agency
Keller Williams Market Pro Realty
(479) 718-2800
1200 N College Ave, Fayetteville, AR
Listed by
Heather Miley · License #SA00088352
(479) 409-0408
Added: Jul 17 Checked: Jul 19 at 12:06 pm
MLS# 1355506
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 remodeled four-unit quadplex offers spacious layouts with two bedrooms and 1.5 bathrooms per unit. Updates include updated HVAC units, new flooring, interior paint, refinished cabinets, new countertops, and modern lighting and plumbing fixtures throughout. Each unit comes equipped with kitchen appliances, including refrigerators, and washers and dryers convey.
Three of the four units are currently leased, providing immediate occupancy. The property is positioned just minutes from schools, grocery stores, restaurants, shopping, and trails, with easy access to Emma Avenue and downtown Springdale, located less than 3 miles away.
The building’s configuration and current leasing status make it well suited for an investor seeking a multi-unit property with recent interior and mechanical upgrades already in place.
Three of the four units are currently leased, providing immediate occupancy. The property is positioned just minutes from schools, grocery stores, restaurants, shopping, and trails, with easy access to Emma Avenue and downtown Springdale, located less than 3 miles away.
The building’s configuration and current leasing status make it well suited for an investor seeking a multi-unit property with recent interior and mechanical upgrades already in place.
Key Highlights
- 4‑unit multifamily property in East Springdale with spacious 2‑bedroom, 1.5‑bathroom units
- Recently remodeled with updated HVAC units, flooring, interior paint, refinished cabinets, new countertops, and modern lighting and plumbing fixtures
- 3 of the 4 units are currently leased, providing immediate rental income for the next owner
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
NOI $36,861 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$465.9K
$407.7K – $543.6K
NOI $32,613 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.10M
$962.0K – $1.28M
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
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Recently remodeled fourplex with three currently leased units and in-unit laundry, updated HVAC, finishes, and kitchen appliances.
Where is this quadplex located?
The property is located at 1505 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 property in East Springdale with spacious 2‑bedroom, 1.5‑bathroom units; Recently remodeled with updated HVAC units, flooring, interior paint, refinished cabinets, new countertops, and modern lighting and plumbing fixtures; 3 of the 4 units are currently leased, providing immediate rental income for the next owner
