Updated Duplex with Attached
1949 - 1951 S 18th Street Rogers, AR 72758
New
1949 - 1951 S 18th Street, Rogers, AR, 72758
$395,000
For Sale
$395,000
MULTI_FAMILY - Ranch - Rogers, AR
Property Size2,291 SF
Lot Size0.30 Acres
Price / SF$172.41
Days on Market6
Property Features for 1949 - 1951 S 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- ConcreteDriveway
- Fencing
- Privacy
- Appliances
- Dishwasher, ElectricOven, Disposal, GasWaterHeater, MicrowaveHoodFan, Microwave
- Standard status
- Active
- APN
- 02-11318-000
- Size
- 2,291 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Description
- S-T-R 23-19-30, Lot/Blk 13, Oak Village Sub - Rogers, +/- .30 Acres, Parcel ID: 02-11318-000 of Benton County
- Tax Annual Amount
- 2128
Utilities
- Heating system
- Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1991
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Brick, WoodSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Ranch
Listing agency
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 696-0600
Listed by
Tammy Waddell · License #SA00074070
(479) 685-9018
Added: Jul 16 Updated: Jul 18 at 12:21AM Checked: Jul 21 at 8:06PM
MLS# 1355149
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.
This well-maintained duplex offers two matching residential units, each with 2 bedrooms and 2 full bathrooms. Interiors include walk-in closets and an open great room layout with vaulted ceilings. Recent updates described in the listing include new kitchen cabinets, faucets, granite countertops, raised-panel doors, ceramic tile flooring, ceiling fans, paint, and updated fixtures.
Each unit also includes an attached garage with a private entry, supporting secure parking and additional storage. Outdoor space includes private, wood-fenced backyards and a 7' x 16' patio.
The property is a ranch-style duplex located at 1949–1951 S 18th Street in Rogers, Arkansas, within Benton County.
Each unit also includes an attached garage with a private entry, supporting secure parking and additional storage. Outdoor space includes private, wood-fenced backyards and a 7' x 16' patio.
The property is a ranch-style duplex located at 1949–1951 S 18th Street in Rogers, Arkansas, within Benton County.
Key Highlights
- 1991 ranch‑style duplex with two units, each offering 2 bedrooms and 2 full bathrooms
- Each unit includes walk‑in closets and an open great room layout with vaulted ceilings
- Recent kitchen updates include new cabinets, faucets, granite countertops, and raised‑panel doors
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $13.80 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $29.9k | $13.04 |
| − OpEx | −$9.0k | −$3.91 |
| NOI | $20.9k | $9.13 |
2,291 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$298.7K
$261.4K – $348.5K
NOI $20,912 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$266.6K
$233.2K – $311.0K
NOI $18,659 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$629.6K
$550.9K – $734.5K
NOI $44,071 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Each side features 2 bedrooms, 2 full baths, vaulted great room ceilings, and an attached garage with private entry.
Where is this duplex located?
The property is located at 1949 - 1951 S 18th Street Rogers, AR.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1991 ranch‑style duplex with two units, each offering 2 bedrooms and 2 full bathrooms; Each unit includes walk‑in closets and an open great room layout with vaulted ceilings; Recent kitchen updates include new cabinets, faucets, granite countertops, and raised‑panel doors
