Recently Remodeled Fourplex
1607 A B C D Oriole Street Springdale, AR 72764
New
1607 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 1607 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
- Deck, Porch, Patio
- Interior features
- CeilingFans, WindowTreatments
- Exterior features
- ConcreteDriveway
- Appliances
- BuiltInRange, BuiltInOven, CounterTop, Dryer, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, RangeHood, Washer, PlumbedForIceMaker
- Standard status
- Active
- APN
- 815-24395-000
- Size
- 4,096 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- Lot 3, Block 6, Parson Hills Subdivision, Phase II
- Tax Annual Amount
- 3013
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle
Listing Agency
Keller Williams Market Pro Realty
(479) 718-2800
1200 N College Ave, Fayetteville, AR
Listed by
Jody Cohen · License #SA00070744
(479) 871-3573
Added: Jul 17 Checked: Jul 19 at 12:06 pm
MLS# 1355439
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 fourplex offers four leased units and extensive recent remodeling. The units are described as spacious two-bedroom layouts with 1.5 bathrooms. Reported updates include a newer roof, updated flooring, interior paint, some HVAC units, refinished cabinets, new countertops, and modern lighting and plumbing fixtures. Each unit is also equipped with updated kitchen appliances, including refrigerators, and washers and dryers are included.
The property is located in East Springdale, with access to Emma Avenue and downtown Springdale less than 3 miles away. The public remarks note proximity to schools, grocery stores, restaurants, shopping, and trails.
For buyers, the listing notes that all four units are currently leased, providing immediate rental income for the next owner. The property is also being marketed as part of a larger multifamily investment package.
The property is located in East Springdale, with access to Emma Avenue and downtown Springdale less than 3 miles away. The public remarks note proximity to schools, grocery stores, restaurants, shopping, and trails.
For buyers, the listing notes that all four units are currently leased, providing immediate rental income for the next owner. The property is also being marketed as part of a larger multifamily investment package.
Key Highlights
- Recently remodeled 4‑unit multifamily property with leased units—each unit currently rented for immediate rental income
- Unit layout features spacious 2‑bedroom, 1.5‑bathroom units across all four units
- Extensive updates include a newer roof, updated flooring, interior paint, refinished cabinets, new countertops, and modern lighting and plumbing fixtures
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 - Four leased units with recent interior updates, including a newer roof, refreshed kitchens, and some HVAC units.
Where is this quadplex located?
The property is located at 1607 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: Recently remodeled 4‑unit multifamily property with leased units—each unit currently rented for immediate rental income; Unit layout features spacious 2‑bedroom, 1.5‑bathroom units across all four units; Extensive updates include a newer roof, updated flooring, interior paint, refinished cabinets, new countertops, and modern lighting and plumbing fixtures
