New Duplex with Private
For Sale
$679,000
1516 W Sligo Street, Fayetteville, AR 72701
Residential, Fayetteville, AR
Property Size2,785 SF
Lot Size0.22 Acres
Price / SF$243.81
Days on Market51
Property Features for 1516 W Sligo Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning description
Residential
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 6, Bathroom 5, Bedroom 4, Bedroom 2, Bedroom 5
Window features
Blinds, Vinyl Frames
Patio and Porch features
Patio
Interior features
CeilingFans, EatInKitchen, ProgrammableThermostat, WindowTreatments
Exterior features
ConcreteDriveway
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, PlumbedForIceMaker
Subdivision
Meadowvale
Lot features
City Lot, Landscaped
Elementary school district
Fayetteville
Middle school district
Fayetteville
High school district
Fayetteville
Directions
I-49 to East on MLK Blvd, Right on Razorback, Right on Sligo.
Standard status
Active
APN
765-08391-000
Size
2,785 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
Replat Block 2 E 10 ft Lot 13, W 65 ft Lot 14 Block 2, Meadowvale
Tax Annual Amount
6199
Legal Description
Replat Block 2 E 10 ft Lot 13, W 65 ft Lot 14 Block 2, Meadowvale
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Brick
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Lindsey & Associates Inc
(479) 521-6611
Listed By:
Paige Crockett · License #EB00062543
6114114x4114
Added: Sep 14
Changed: Oct 27
Last Checked: Nov 3 at 8:06AM
MLS# 1361787
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.
Under construction for 2025 delivery, this duplex contains 2,785 square feet on a 0.22-acre site. Each residence provides 1,392 square feet with 3 bedrooms, 2.5 bathrooms, an open living and dining arrangement, an eat-in kitchen, and a separate laundry room. Interior finishes include luxury vinyl plank flooring, custom cabinetry, quartz countertops, stainless steel appliances, ceiling fans, and faux wood blinds. Central electric heating and cooling serve both sides, while brick construction, a shingle roof, patios, landscaping, and a concrete driveway complete the improvements.
The property is located at 1516 W Sligo Street in Fayetteville, off Razorback Road and south of Baum Stadium. The University of Arkansas and I-49 are identified as nearby access points. Public water and public sewer serve the property, and private parking is positioned behind the duplex.
The property is located at 1516 W Sligo Street in Fayetteville, off Razorback Road and south of Baum Stadium. The University of Arkansas and I-49 are identified as nearby access points. Public water and public sewer serve the property, and private parking is positioned behind the duplex.
Key Highlights
- 2,785 SF duplex on a 0.22‑acre site
- Each side includes 3 bedrooms, 2.5 bathrooms, and 1,392 square feet
- Under construction with a 2025 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,063
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,260
$501.3K
Cap Rate 7%
$358,043
$358.0K
Cap Rate 9%
$278,478
$278.5K
Market Conditions
NOI Build-Up for 2,785 SF
Gross rent
$38.4K $13.80/SF
− Vacancy
−$2.6K −$0.94/SF
EGI
$35.8K $12.86/SF
− OpEx
−$10.7K −$3.86/SF
NOI
$25.1K $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%
$501,260
Cap Rate 7%
$358,043
Cap Rate 9%
$278,478
Alternative Uses
Best Use
Multifamily LT 5
$358.0K
$313.3K – $417.7K
NOI $25,063 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$316.8K
$277.2K – $369.6K
NOI $22,175 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$747.5K
$654.1K – $872.1K
NOI $52,328 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
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Business Placement
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
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 - Two attached residences offer open living areas, eat-in kitchens, private laundry, and dedicated parking.
Where is this duplex located?
The property is located at 1516 W Sligo Street Fayetteville, AR.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 2,785 SF duplex on a 0.22‑acre site; Each side includes 3 bedrooms, 2.5 bathrooms, and 1,392 square feet; Under construction with a 2025 year built
