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 Market1
Property Features for 1949 - 1951 S 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, 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
- Central Air, Electric
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
809 S 52nd Street, Rogers, AR
Listed by
Tammy Waddell · License #SA00074070
(479) 685-9018
Added: Jul 16 Checked: Jul 16 at 10:06 pm
MLS# 1355149
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.
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
- Ranch‑style duplex built in 1991 with 2 bedrooms and 2 full bathrooms per unit
- Each unit features walk‑in closets and an open great room layout with vaulted ceilings
- Recent kitchen updates include new cabinets, faucets, and granite countertops (plus 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
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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: Ranch‑style duplex built in 1991 with 2 bedrooms and 2 full bathrooms per unit; Each unit features walk‑in closets and an open great room layout with vaulted ceilings; Recent kitchen updates include new cabinets, faucets, and granite countertops (plus raised‑panel doors)
