Duplex with Recent Roof
For Sale
$309,900
1924 & 1926 S 18th Street, Rogers, AR 72758
The property may be purchased on its own or alongside two neighboring duplexes offered for sale.
Property Size2,438 SF
Price / SF$127.11
Days on Market16
Property Features for 1924 & 1926 S 18th Street
General Information
Standard status
Active
Size
2,438 SF
Property subtype
Multi Family Home
Taxes and HOA fees
Annual Taxes
$2,145
Amenities
Concrete Driveway
Building Details
Building Size
2,438 SF
Buildings
1
Stories
1
Units
2
Listing Agency:
Crye-Leike REALTORS Rogers
(479) 636-6633
Listed By:
Lynden Polk
(479) 719-3672
Source:
Cappyharrisrealtors
Added: Oct 14
Changed: Oct 25
Last Checked: Oct 26 at 3:36AM
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 Crye-Leike REALTORS Rogers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,438 square feet and received a roof replacement in 2024. It is one of three consecutive duplexes available for purchase, with the option to acquire this property individually or as part of the group.
The property is in Rogers, Arkansas. Its condition is described as good, and it has a history of rental use.
The property is in Rogers, Arkansas. Its condition is described as good, and it has a history of rental use.
Key Highlights
- 2,438 square feet
- Roof replaced in 2024
- One of three consecutive duplexes available separately or together
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,253
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,060
$445.1K
Cap Rate 7%
$317,900
$317.9K
Cap Rate 9%
$247,256
$247.3K
Market Conditions
NOI Build-Up for 2,438 SF
Gross rent
$33.6K $13.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$31.8K $13.04/SF
− OpEx
−$9.5K −$3.91/SF
NOI
$22.3K $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%
$445,060
Cap Rate 7%
$317,900
Cap Rate 9%
$247,256
Alternative Uses
Best Use
Multifamily LT 5
$317.9K
$278.2K – $370.9K
NOI $22,253 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$283.7K
$248.2K – $330.9K
NOI $19,856 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$670.0K
$586.2K – $781.7K
NOI $46,899 @ 7.0% cap · market cap 15.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
94
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 - The property may be purchased on its own or alongside two neighboring duplexes offered for sale.
Where is this duplex located?
The property is located at 1924 & 1926 S 18th Street Rogers, AR.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: 2,438 square feet; Roof replaced in 2024; One of three consecutive duplexes available separately or together
