Duplex with New
New
For Sale
$415,000
1743 E Central Street, Siloam Springs, AR 72761
MULTI_FAMILY - Siloam Springs, AR
Property Size2,245 SF
Lot Size0.31 Acres
Price / SF$184.86
Days on Market3
Property Features for 1743 E Central Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Open, Garage
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
ElectricWaterHeater
Subdivision
L M Proctors Add Siloam Spgs
Lot features
Central Business District, Corner Lot, Level, Subdivision
Directions
AR-16 W turns into E Main St as you enter Siloam Springs. Turn north onto S Country Club Rd. Turn west onto E Central St; the destination will be on your right.
Standard status
Active
APN
03-02405-005
Size
2,245 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Description
REPLAT 3/6/2019 L201910132
Tax Annual Amount
3519
Legal Description
REPLAT 3/6/2019 L201910132
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
2019
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency:
Rowe Real Estate
(479) 595-5446
Listed By:
Elizabeth Rowe · License #PB00056216
(479) 595-5446
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 2 at 6:06AM
MLS# 1357434
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.
Well-maintained duplex on a desirable corner lot offering both an investment opportunity and an owner-occupant option. The property includes two spacious units, each with three bedrooms and two full bathrooms, plus an attached single-car garage. Both units are all-electric, with central electric heating and central air, and a functional layout supported by vinyl and tile flooring. The exterior features brick construction with vinyl siding, a concrete driveway, and privacy fencing.
The duplex was built in 2019 and totals 2,245 SF on a 0.31-acre lot. The roof has been replaced with a brand-new shingle roof. Parking includes the attached garage(s) and open parking. An electric water heater is on-site.
With durable construction, maintained utilities, and separate unit setups, the property supports flexible living while providing rental income potential.
The duplex was built in 2019 and totals 2,245 SF on a 0.31-acre lot. The roof has been replaced with a brand-new shingle roof. Parking includes the attached garage(s) and open parking. An electric water heater is on-site.
With durable construction, maintained utilities, and separate unit setups, the property supports flexible living while providing rental income potential.
Key Highlights
- Brand‑new shingle roof
- All‑electric duplex with central electric heat and central air
- Two units, each with 3 bedrooms and 2 full bathrooms
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 | $31.0k | $13.80 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $29.3k | $13.04 |
| − OpEx | −$8.8k | −$3.91 |
| NOI | $20.5k | $9.13 |
2,245 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.7K
$256.2K – $341.5K
NOI $20,492 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$261.2K
$228.6K – $304.7K
NOI $18,284 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$616.9K
$539.8K – $719.8K
NOI $43,186 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 72761, AR
23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained all-electric duplex on a corner lot, with attached single-car garages for each unit.
Where is this duplex located?
The property is located at 1743 E Central Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Brand‑new shingle roof; All‑electric duplex with central electric heat and central air; Two units, each with 3 bedrooms and 2 full bathrooms
