For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Duplex Income Property Title is generated by Realmo AI

    1606 Cedar ST, Van Buren, AR 72956

    View on Map
    Claim this Listing
    New
    For Sale
    $225,000

    MULTI_FAMILY - Van Buren, AR

    Property size:
    2,516 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $89/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 8:06 am

    Property Features for 1606 Cedar ST

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Garage - Attached
    Standard status
    Active
    APN
    700-04884-000
    Size
    2,516 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Description
    PER DOC#2017003010 FILED 3/31/2017: LOT 5 BLOCK 6 OAKLAND PLACE ADDITION TO THE CITY OF VAN BUREN, ARKANSAS.
    Tax Annual Amount
    1596

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2007
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl
    Roof type
    Shingle

    We can help!

    Contact an agent
    The Price Group

    Listing agent The Price Group

    Listing office Keller Williams Platinum Realty 3300 S 70th St., Fort Smith, AR

    Listing date Jun 25, 2026

    MLS# 1090008 Listing URL

    Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex built in 2007 with two units
    • Each unit offers 2 bedrooms and 2.5 bathrooms
    • Each unit includes an attached one‑car garage
    • Central heating and central air conditioning
    • Vinyl flooring and shingle roofing

    Overview

    This property is a duplex with two spacious, self-contained units. Each unit is laid out with 2 bedrooms and 2.5 bathrooms, and includes a one-car garage. The overall configuration supports either fully rented occupancy or owner occupancy paired with leasing.

    Located at 1606 Cedar St in Van Buren, Arkansas 72956, the property sits on approximately 0.17 acres. With a total size of about 2,516 square feet, the duplex format is straightforward for residential income management.

    For buyers seeking a low-maintenance residential income setup, the appeal is the clear separation between two units and matching 2-bedroom/2.5-bath designs. The attached one-car garages per unit can be a practical benefit for tenant use, while the duplex structure also allows for the option to occupy one side and rent the other.

    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 $25.7k $10.20
    − Vacancy −$1.7k −$0.66
    EGI $24.0k $9.54
    − OpEx −$7.2k −$2.86
    NOI $16.8k $6.68
    2,516 SF · lease $10.20/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $240.1K
    $210.1K – $280.1K (±1% cap)
    NOI $16,804 @ 7.0% cap · market cap 7.47%
    Second Best
    Apartment 5plus
    $221.1K
    $193.5K – $257.9K (±1% cap)
    NOI $15,476 @ 7.0% cap · market cap 6.88%
    Theoretical Best
    Office A
    $482.4K
    $422.1K – $562.8K (±1% cap)
    NOI $33,767 @ 7.0% cap · market cap 15.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Van Buren
    County
    Crawford
    State
    Arkansas
    Longitude
    -94.342274
    Latitude
    35.438275

    FAQs

    What type of property is this?
    Duplex - Well-designed two-unit duplex offering two-bedroom layouts with attached one-car garages for flexible ownership.
    Where is this duplex located?
    The property is located at 1606 Cedar ST Van Buren, AR.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Duplex built in 2007 with two units; Each unit offers 2 bedrooms and 2.5 bathrooms; Each unit includes an attached one‑car garage
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message