Duplex with Remodeled
New
For Sale
$369,999
1816 & 1818 S 14th St, Rogers, AR 72758
One residence is remodeled, while the adjoining unit is undergoing floor and paint updates.
Property Size2,160 SF
Price / SF$171.30
Days on Market5
Property Features for 1816 & 1818 S 14th St
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Building Details
Year Built
1989
Listing Agency:
Listwithfreedom.Com, Inc
Listed By:
Patriot Company Real Estate
(479) 439-1933
Source:
Patriotcompany
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 14 at 11:38PM
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 Listwithfreedom.Com, Inc
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Investment Insights
Based on property information with market context.
This duplex at 1816 & 1818 S 14th St in Rogers has two residences, each with 2 bedrooms and 2 bathrooms. One side has been remodeled; the other is receiving floor and paint updates. The property was built in 1989.
Key Highlights
- Two residences, each with 2 bedrooms and 2 bathrooms
- One unit is remodeled; the adjoining unit is undergoing floor and paint updates
- Built in 1989
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,716
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,320
$394.3K
Cap Rate 7%
$281,657
$281.7K
Cap Rate 9%
$219,067
$219.1K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$29.8K $13.80/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$28.2K $13.04/SF
− OpEx
−$8.4K −$3.91/SF
NOI
$19.7K $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%
$394,320
Cap Rate 7%
$281,657
Cap Rate 9%
$219,067
Alternative Uses
Best Use
Multifamily LT 5
$281.7K
$246.5K – $328.6K
NOI $19,716 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$251.3K
$219.9K – $293.2K
NOI $17,592 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$593.6K
$519.4K – $692.5K
NOI $41,551 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities.
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is remodeled, while the adjoining unit is undergoing floor and paint updates.
Where is this duplex located?
The property is located at 1816 & 1818 S 14th St Rogers, AR.
What is the asking price?
The asking price for this property is $369,999.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 bathrooms; One unit is remodeled; the adjoining unit is undergoing floor and paint updates; Built in 1989
