Two-Duplex Residential
New
For Sale
$700,000
1813-1818 S 14th Place, Rogers, AR 72758
Four matching two-bedroom, two-bathroom homes are distributed across the two buildings.
Property Size5,032 SF
Price / SF$139.11
Days on Market5
Property Features for 1813-1818 S 14th Place
General Information
Standard status
Active
Size
5,032 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Building Details
Year Built
1989
Buildings
2
Listing Agency:
Century 21 Lyons & Associates
(479) 549-8018
Listed By:
The Moldenhauer Group
(479) 341-6413
Source:
Nwahomestore
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 14 at 10:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Lyons & Associates
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential property comprises two duplex buildings with four units totaling 5,032 square feet. Each unit has two bedrooms and two bathrooms. The duplex at 1813 and 1815 S 14th Place is 2,516 square feet, was built in 1989, and sits on a level 0.32-acre lot. It has brick and vinyl exterior finishes, a fenced backyard, central heat and air, ceramic and laminate flooring, city water and sewer, and driveway parking; its units are tenant occupied.
At the second duplex, one unit has been remodeled, while work on the other includes new flooring and paint. The buildings are offered together or separately.
At the second duplex, one unit has been remodeled, while work on the other includes new flooring and paint. The buildings are offered together or separately.
Key Highlights
- Two duplex buildings with four 2‑bedroom, 2‑bathroom units
- Combined property size of 5,032 square feet
- 1813 and 1815 S 14th Place duplex: 2,516 square feet; built in 1989
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,931
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,620
$918.6K
Cap Rate 7%
$656,157
$656.2K
Cap Rate 9%
$510,344
$510.3K
Market Conditions
NOI Build-Up for 5,032 SF
Gross rent
$69.4K $13.80/SF
− Vacancy
−$3.8K −$0.76/SF
EGI
$65.6K $13.04/SF
− OpEx
−$19.7K −$3.91/SF
NOI
$45.9K $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%
$918,620
Cap Rate 7%
$656,157
Cap Rate 9%
$510,344
Alternative Uses
Best Use
Multifamily LT 5
$656.2K
$574.1K – $765.5K
NOI $45,931 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$585.5K
$512.3K – $683.1K
NOI $40,983 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,798 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 72758, AR
45,105
Population
18,145
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
88%
High-School Grad
31.3 sq mi
ZIP Area
1,441
Density / Sq Mi
$94,605
Median Household Income
$49,856
Median Earnings
$1,300
Median Rent
$358,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Four matching two-bedroom, two-bathroom homes are distributed across the two buildings.
Where is this duplex located?
The property is located at 1813-1818 S 14th Place Rogers, AR.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two duplex buildings with four 2‑bedroom, 2‑bathroom units; Combined property size of 5,032 square feet; 1813 and 1815 S 14th Place duplex: 2,516 square feet; built in 1989
