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    Restored Victorian Duplex in Downtown Title is generated by Realmo AI

    19 Pine Street, Eureka Springs, AR 72632

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    Claim this Listing
    For Sale
    $499,900

    MULTI_FAMILY - Victorian - Eureka Springs, AR

    Property size:
    2,081 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $240/SF
    Added:
    May 4, 2026
    Days on Market:
    13
    Last Refresh:
    May 16 at 10:06 pm

    Property Features for 19 Pine Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Parking Lot, On Street, Driveway
    Window features
    Wood Frames
    Patio and Porch features
    Deck
    Interior features
    InLawFloorplan, Storage
    Fireplace
    1
    Appliances
    Dryer, ElectricCooktop, GasWaterHeater, Refrigerator, Washer
    Standard status
    Active
    APN
    925-00858-000
    Size
    2,081 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Description
    LOT 10, HILTON ST SW FORM HARDING SPG LOT 10, PINE ST N SD W OF SPRING
    Tax Annual Amount
    1670

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Wood, Ductless (Heating), Wood Stove
    Cooling system
    Ductless
    Water source
    Public

    Building Details

    Year built
    1892
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Wood
    Building materials
    Cedar, Rock
    Roof type
    Shingle
    Architectural style
    Victorian
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Katie Hendrickson
    Katie Hendrickson

    Listing agent Katie Hendrickson License #SA00080043

    Listing office Keller Williams Market Pro Realty Branch Office 3105 NE 11th Street, Suite 5, Fayetteville, AR

    Listing date May 4, 2026

    MLS# 1345263 Listing URL

    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.

    HighLights

    • Prime downtown location: Just 387 ft from Brews and walkable to shopping, dining, nightlife, and galleries.
    • Completely renovated in 2024: Blends historic 1892 character with modern updates, including new HVAC, foundation, and roof.
    • Duplex configuration: Offers flexibility for living and rental income potential.
    • Spacious rooms with desirable features: Lofty ceilings, hardwood floors, oversized windows, and artisan woodwork.
    • Expansive decks: Perfect for entertaining and outdoor enjoyment.
    • Individually metered gas/electric: Simplifies utility management and billing.

    Overview

    This rare duplex, originally built in 1892 and restored in 2024, is located in downtown Eureka Springs, just 387 feet from Brews and a short stroll to shopping, dining, nightlife, and galleries. The property features artisan woodwork, spacious rooms, lofty ceilings, hardwood floors, and oversized windows. Expansive decks provide space for gatherings. The upper unit includes 1 bedroom, 1 bathroom, 2 large entertaining decks, and 1 off-street parking space. The lower level offers 2 bedrooms, 1 bathroom, and additional expansive decks with street-level access. Improvements include new HVAC, foundation, water lines with 1-inch insulated wrap, new sewer lines to the street, electric and gas lines, plumbing, electric, and a high-impact resistance roof. The property has individually metered gas and electric. The lot size is 0.0753 acres and the property size is 2081 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Nail Salon Restaurant Gym & Fitness Center Daycare Center Accounting Firm Auto Repair Shop Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eureka Springs
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.739414
    Latitude
    36.405181

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    FAQs

    What type of property is this?
    Duplex - Rare, restored 1892 duplex in downtown Eureka Springs.
    Where is this duplex located?
    The property is located at 19 Pine Street Eureka Springs, AR.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Prime downtown location: Just 387 ft from Brews and walkable to shopping, dining, nightlife, and galleries.; Completely renovated in 2024: Blends historic 1892 character with modern updates, including new HVAC, foundation, and roof.; Duplex configuration: Offers flexibility for living and rental income potential.
    (479) 925-5330
    We can help!
    Listing Contact
    Katie Hendrickson
    Katie Hendrickson
    Real Estate License ID: SA00080043
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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