Duplex with Two-Car Garage
New
For Sale
$252,000
1508 A&B N Pleasant Street, Springdale, AR 72764
Residential, Springdale, AR
Property Size1,600 SF
Lot Size0.26 Acres
Price / SF$157.50
Days on Market3
Property Features for 1508 A&B N Pleasant Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
Parking features
Garage
Window features
Blinds
Patio and Porch features
Patio
Interior features
BuiltInFeatures, CeilingFans, EatInKitchen, WindowTreatments
Exterior features
ConcreteDriveway
Fireplace
1
Appliances
ElectricWaterHeater
Subdivision
Pleasant Place
Lot features
Central Business District, Industrial Park, Level, Near Park, Subdivision
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 blocks up the street on the left side of the road. No yard sign. Please do not disturb tenants.
Standard status
Active
APN
815-24949-000
Size
1,600 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Description
Lot 11, Block 3, Pleasant Place Subdivision
Tax Annual Amount
1684
Legal Description
Lot 11, Block 3, Pleasant Place Subdivision
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
1987
Floors in Building
1
Number of units
2
Flooring type
Laminate, Vinyl, Carpet
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency:
Keller Williams Market Pro Realty · Keller Williams Realty
(479) 718-2800
Listed By:
Heather Miley · License #SA00088352
(479) 409-0408
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 4:06PM
MLS# 1365148
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 1,600-square-foot duplex contains two residences, each arranged with two bedrooms, one bathroom, and a one-car garage. The building dates to 1987 and has brick and vinyl siding, a shingle roof, and a patio. Central heating and air conditioning serve the property, with electric systems noted for both. The parcel measures 0.2606 acres in Springdale.
Both units are currently rented. Shopping, restaurants, schools, parks, and trails are among the nearby everyday destinations.
Both units are currently rented. Shopping, restaurants, schools, parks, and trails are among the nearby everyday destinations.
Key Highlights
- Two units, each with 2 bedrooms, 1 bathroom, and a 1‑car garage
- 1,600 square feet of building area on a 0.2606‑acre lot
- Both residences currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,399
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,980
$288.0K
Cap Rate 7%
$205,700
$205.7K
Cap Rate 9%
$159,989
$160.0K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$22.1K $13.80/SF
− Vacancy
−$1.5K −$0.94/SF
EGI
$20.6K $12.86/SF
− OpEx
−$6.2K −$3.86/SF
NOI
$14.4K $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%
$287,980
Cap Rate 7%
$205,700
Cap Rate 9%
$159,989
Alternative Uses
Best Use
Multifamily LT 5
$205.7K
$180.0K – $240.0K
NOI $14,399 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$182.0K
$159.3K – $212.3K
NOI $12,740 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$429.5K
$375.8K – $501.1K
NOI $30,063 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
280
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 include two bedrooms and one bathroom apiece.
Where is this duplex located?
The property is located at 1508 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: Two units, each with 2 bedrooms, 1 bathroom, and a 1‑car garage; 1,600 square feet of building area on a 0.2606‑acre lot; Both residences currently rented
