3-Bedroom Duplex with New
1743 E Central Street, Siloam Springs, AR 72761
For Sale
$350,000
Residential, Siloam Springs, AR
Property Size2,245 SF
Lot Size0.31 Acres
Price / SF$155.90
Days on Market105
Property Features for 1743 E Central Street
General Information
Property type
Property subtype
Parking features
Exterior features
Fencing
Appliances
Subdivision
Lot features
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Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
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Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Rowe Real Estate
Listed By:
Elizabeth Rowe · License AR PB00056216
(479) 595-5446
Added: Jul 31
Changed: Nov 9
Last Checked: Nov 12 at 7:06AM
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.
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Investment Insights
Based on property information with market context.
Built in 2019, this duplex contains 2,245 square feet across two units, each with 3 bedrooms, 2 full bathrooms, and an attached single-car garage. The property sits on a 0.31-acre corner lot and features brick and vinyl siding, tile and vinyl flooring, central heating and cooling, electric water heaters, and a shingle roof. A brand-new roof is also in place.
Exterior features include a concrete driveway, open parking, and privacy fencing. The building is located at 1743 E Central Street in Siloam Springs, Arkansas, within ZIP code 72761.
Exterior features include a concrete driveway, open parking, and privacy fencing. The building is located at 1743 E Central Street in Siloam Springs, Arkansas, within ZIP code 72761.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 2 full bathrooms per unit
- 2,245 square feet on a 0.31‑acre corner lot
- Attached single‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,492
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,840
$409.8K
Cap Rate 7%
$292,743
$292.7K
Cap Rate 9%
$227,689
$227.7K
Market Conditions
NOI Build-Up for 2,245 SF
Gross rent
$31.0K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$29.3K $13.04/SF
− OpEx
−$8.8K −$3.91/SF
NOI
$20.5K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,840
Cap Rate 7%
$292,743
Cap Rate 9%
$227,689
Alternative Uses
Best Use
Multifamily LT 5
$292.7K
$256.2K – $341.5K
NOI $20,492 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$261.2K
$228.6K – $304.7K
NOI $18,284 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$616.9K
$539.8K – $719.8K
NOI $43,186 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
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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
$218,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Benton County, AR
Properties on Market for Duplexes in Benton County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with two spacious units, attached garages, and all-electric systems.
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 $350,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2 full bathrooms per unit; 2,245 square feet on a 0.31‑acre corner lot; Attached single‑car garage for each unit
