Duplex with Large
New
For Sale
$375,000
1813 & 1815 S 14th Place, Rogers, AR 72758
Residential, Rogers, AR
Property Size2,516 SF
Lot Size0.32 Acres
Price / SF$149.05
Days on Market3
Property Features for 1813 & 1815 S 14th Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Driveway
Fencing
Privacy
Appliances
Dishwasher, ElectricOven, ElectricWaterHeater, Refrigerator
Lot features
Cleared
Directions
south I-49 take exit 83 toward pinnacle hills parkway turn left onto south 52nd st. use the left two lanes to turn left onto new hope rd. turn left onto south 14th place. duplex on the right.
Standard status
Active
APN
02-03281-003
Size
2,516 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Description
0203281003
Tax Annual Amount
2164
Legal Description
0203281003
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
backyard
Building Details
Year built
1989
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency:
Venture Group Real Estate
(417) 621-1883
Listed By:
Julia Townsend · License #SA00101529
(479) 685-6292
Added: Sep 13
Changed: Sep 14
Last Checked: Sep 15 at 1:06PM
MLS# 1361977
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.
Located at 1813 & 1815 S 14th Place in Rogers, this 2,516-square-foot duplex contains two residential units, with each side providing two bedrooms, two full bathrooms, and a practical living-area layout. The property sits on a 0.32-acre lot with a privacy-fenced backyard and driveway parking.
Built in 1989, the building combines brick and vinyl siding with laminate and tile flooring. Kitchen appliances include dishwashers, electric ovens, electric water heaters, and refrigerators. Central electric heating and central air conditioning serve the units, while public water supports the property. The duplex is in Rogers, AR 72758, within Benton County.
Built in 1989, the building combines brick and vinyl siding with laminate and tile flooring. Kitchen appliances include dishwashers, electric ovens, electric water heaters, and refrigerators. Central electric heating and central air conditioning serve the units, while public water supports the property. The duplex is in Rogers, AR 72758, within Benton County.
Key Highlights
- 2,516‑square‑foot duplex with two units
- Each unit includes 2 bedrooms and 2 full bathrooms
- 0.32‑acre lot with a privacy‑fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,965
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,300
$459.3K
Cap Rate 7%
$328,071
$328.1K
Cap Rate 9%
$255,167
$255.2K
Market Conditions
NOI Build-Up for 2,516 SF
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.
Gross rent
$34.7K $13.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$32.8K $13.04/SF
− OpEx
−$9.8K −$3.91/SF
NOI
$23.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,300
Cap Rate 7%
$328,071
Cap Rate 9%
$255,167
Alternative Uses
Best Use
Multifamily LT 5
$328.1K
$287.1K – $382.8K
NOI $22,965 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$292.7K
$256.2K – $341.5K
NOI $20,492 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$691.4K
$605.0K – $806.7K
NOI $48,399 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both units offer two bedrooms, two full bathrooms, and functional living areas.
Where is this duplex located?
The property is located at 1813 & 1815 S 14th Place Rogers, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,516‑square‑foot duplex with two units; Each unit includes 2 bedrooms and 2 full bathrooms; 0.32‑acre lot with a privacy‑fenced backyard
