Two-Unit Duplex
1954 - 1956 11th Pl, Rogers, AR 72758
For Sale
$350,000
Two-unit residential property with one vacant side and one month-to-month tenancy.
Property Size2,976 SF
Price / SF$117.61
Days on Market53
Property Features for 1954 - 1956 11th Pl
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Fathom Realty
Listed By:
Daniel Rosales · License AR SA00083245
(479) 283-6964
Source:
Thesummithometeam
Added: Sep 21
Changed: Oct 25
Last Checked: Oct 7 at 5:28PM
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 Fathom Realty
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Investment Insights
Based on property information with market context.
This duplex contains 2,976 square feet, with 1,488 square feet on each side, and was built in 1994. The two-unit layout includes one vacant side at 1956 and one side at 1954 occupied by long-term tenants on a month-to-month arrangement.
The vacant side is available to show, while access to the tenant-occupied side requires an accepted offer. The property is offered as-is, and the sellers do not plan to complete repairs. The sellers have not occupied the property and will not provide a Seller Property Disclosure.
The vacant side is available to show, while access to the tenant-occupied side requires an accepted offer. The property is offered as-is, and the sellers do not plan to complete repairs. The sellers have not occupied the property and will not provide a Seller Property Disclosure.
Key Highlights
- 2,976 SF duplex built in 1994
- Two 1,488‑square‑foot sides
- 1956 side is vacant and available to show
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,164
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,280
$543.3K
Cap Rate 7%
$388,057
$388.1K
Cap Rate 9%
$301,822
$301.8K
Market Conditions
NOI Build-Up for 2,976 SF
Gross rent
$41.1K $13.80/SF
− Vacancy
−$2.3K −$0.76/SF
EGI
$38.8K $13.04/SF
− OpEx
−$11.6K −$3.91/SF
NOI
$27.2K $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%
$543,280
Cap Rate 7%
$388,057
Cap Rate 9%
$301,822
Alternative Uses
Best Use
Multifamily LT 5
$388.1K
$339.6K – $452.7K
NOI $27,164 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$346.3K
$303.0K – $404.0K
NOI $24,238 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$817.8K
$715.6K – $954.1K
NOI $57,248 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
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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
$358,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Benton County, AR
Properties on Market for Duplexes in Benton County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with one vacant side and one month-to-month tenancy.
Where is this duplex located?
The property is located at 1954 - 1956 11th Pl Rogers, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,976 SF duplex built in 1994; Two 1,488‑square‑foot sides; 1956 side is vacant and available to show
