Remodeled Quadplex with Conveyed
For Sale
$665,000
1607 A B C D Oriole Street, Springdale, AR 72764
Residential, Springdale, AR
Property Size4,096 SF
Lot Size0.29 Acres
Price / SF$162.35
Days on Market88
Property Features for 1607 A B C D Oriole Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Full bathrooms
4
Half bathrooms
4
Rooms
Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 7, Bathroom 3, Bathroom 5, Bedroom 3, Bathroom 8, Bedroom 2
Parking features
Parking Lot
Window features
Blinds
Patio and Porch features
Porch, Deck, Patio
Interior features
CeilingFans, WindowTreatments
Exterior features
ConcreteDriveway
Appliances
BuiltInRange, BuiltInOven, CounterTop, Dryer, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator, RangeHood, Washer, PlumbedForIceMaker
Subdivision
Parson Hills
Lot features
Central Business District, Cleared, City Lot, Level, Near Park, Subdivision
Elementary school district
Springdale
Middle school district
Springdale
High school district
Springdale
Directions
From Hwy 71B, go East on Hwy 412. Turn left on Oriole St. Property will be on the right. NO yard sign. *Do NOT disturb Tenants*
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
Legal Description
Lot 3, Block 6, Parson Hills Subdivision, Phase II
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
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 · Keller Williams Realty
(479) 718-2800
Listed By:
Jody Cohen · License #SA00070744
(479) 871-3573
Added: Jul 17
Changed: Sep 12
Last Checked: Oct 12 at 4:06AM
MLS# 1355439
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 4,096-square-foot quadplex contains four residential units on a 0.2921-acre parcel. Recent improvements include a newer shingle roof, refreshed flooring, interior paint, refinished cabinetry, new countertops, modern lighting and plumbing fixtures, and updates to select HVAC systems. Refrigerators, washers, dryers, and additional kitchen appliances convey with the property. Brick and vinyl siding, central electric heating and cooling, public water and sewer, a concrete driveway, parking lot, deck, patio, and porch complete the physical offering.
The property is located at 1607 A, B, C, D Oriole Street in Springdale, Washington County, Arkansas. Schools, grocery stores, restaurants, shopping, and trails are nearby, while Emma Avenue and downtown Springdale are less than 3 miles away. All four units are currently leased, providing an occupied multifamily asset for the next owner.
The property is located at 1607 A, B, C, D Oriole Street in Springdale, Washington County, Arkansas. Schools, grocery stores, restaurants, shopping, and trails are nearby, while Emma Avenue and downtown Springdale are less than 3 miles away. All four units are currently leased, providing an occupied multifamily asset for the next owner.
Key Highlights
- 4,096‑square‑foot quadplex on 0.2921 acres
- Four units, all currently leased
- Recent updates include roof, flooring, paint, cabinetry, countertops, lighting, plumbing fixtures, and select HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,861
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,220
$737.2K
Cap Rate 7%
$526,586
$526.6K
Cap Rate 9%
$409,567
$409.6K
Market Conditions
NOI Build-Up for 4,096 SF
Gross rent
$56.5K $13.80/SF
− Vacancy
−$3.9K −$0.94/SF
EGI
$52.7K $12.86/SF
− OpEx
−$15.8K −$3.86/SF
NOI
$36.9K $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%
$737,220
Cap Rate 7%
$526,586
Cap Rate 9%
$409,567
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 authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
329
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four leased units provide a fully occupied multifamily configuration with updated interiors and shared parking improvements.
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: 4,096‑square‑foot quadplex on 0.2921 acres; Four units, all currently leased; Recent updates include roof, flooring, paint, cabinetry, countertops, lighting, plumbing fixtures, and select HVAC systems
