Updated Duplex with Attached
For Sale
$395,000
1949 - 1951 S 18th St, Rogers, AR 72758
Two-bedroom units feature vaulted ceilings and private fenced backyards.
Property Size2,291 SF
Price / SF$172.41
Days on Market81
Property Features for 1949 - 1951 S 18th St
General Information
Standard status
Active
Size
2,291 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
1
Amenities
private fenced backyard
patio
walk-in closets
vaulted ceilings
Building Details
Year Built
1991
Buildings
1
Construction
ranch-style
Listing Agency:
Coldwell Banker Harris McHaney & Faucette-Rogers
Listed By:
Tammy Waddell · License #SA00074070
(479) 696-0600
Source:
Thebesthomeprice
Added: Jul 28
Changed: Oct 8
Last Checked: Oct 7 at 5:31PM
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 Coldwell Banker Harris McHaney & Faucette-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 2,291-square-foot duplex, built in 1991, contains two residential units with matching two-bedroom, two-bath layouts. Each side includes walk-in closets, an open great room with vaulted ceilings, and a private attached garage with direct entry. Interior improvements include kitchen cabinetry, granite countertops, faucets, raised-panel doors, ceramic tile flooring, ceiling fans, paint, and updated fixtures.
Both units extend to private wood-fenced backyards with 7' x 16' patios. The ranch-style exterior supports a consistent appearance across the property, while the individual garages provide enclosed parking and additional storage. Located at 1949 - 1951 S 18th St in Rogers, Arkansas, the property offers a duplex configuration with separate residential spaces and outdoor areas.
Both units extend to private wood-fenced backyards with 7' x 16' patios. The ranch-style exterior supports a consistent appearance across the property, while the individual garages provide enclosed parking and additional storage. Located at 1949 - 1951 S 18th St in Rogers, Arkansas, the property offers a duplex configuration with separate residential spaces and outdoor areas.
Key Highlights
- 2,291‑square‑foot duplex at 1949 - 1951 S 18th St, Rogers, AR 72758
- Two units, each with 2 bedrooms and 2 full bathrooms
- Interior updates include granite countertops, ceramic tile flooring, cabinetry, and fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,912
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,240
$418.2K
Cap Rate 7%
$298,743
$298.7K
Cap Rate 9%
$232,356
$232.4K
Market Conditions
NOI Build-Up for 2,291 SF
Gross rent
$31.6K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$29.9K $13.04/SF
− OpEx
−$9.0K −$3.91/SF
NOI
$20.9K $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%
$418,240
Cap Rate 7%
$298,743
Cap Rate 9%
$232,356
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
103
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units feature vaulted ceilings and private fenced backyards.
Where is this duplex located?
The property is located at 1949 - 1951 S 18th St 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: 2,291‑square‑foot duplex at 1949 - 1951 S 18th St, Rogers, AR 72758; Two units, each with 2 bedrooms and 2 full bathrooms; Interior updates include granite countertops, ceramic tile flooring, cabinetry, and fixtures
