Duplex with Accessory Dwelling
New
For Sale
$760,000
1996 W Stone Street, Fayetteville, AR 72701
Residential, Fayetteville, AR
Property Size2,900 SF
Lot Size0.17 Acres
Price / SF$262.07
Days on Market1
Property Features for 1996 W Stone Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Patio and Porch features
Porch
Exterior features
ConcreteDriveway
Appliances
Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, RangeHood
Subdivision
West End Add
Lot features
Cleared, Landscaped, Level, Zero Lot Line
Directions
Take I-49 South toward Fayetteville. Take Exit 62 toward AR-180/6th Street. Turn left onto W Martin Luther King Jr Boulevard, then left onto S Razorback Road. Turn right onto W Stone Street. The destination will be on your left.
Standard status
Active
APN
765-11962-000
Size
2,900 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
(REPLAT W 1/2 BLOCK 2) LOT 22 BLOCK 2
Tax Annual Amount
434
Legal Description
(REPLAT W 1/2 BLOCK 2) LOT 22 BLOCK 2
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Tile
Building materials
Masonite
Roof type
Shingle
Architectural style
Craftsman
Listing Agency:
Weichert REALTORS - The Griffin Company Springdale
(479) 756-1003
Listed By:
Christopher Erstine · License #SA00058149
(479) 236-2868
Added: Nov 4
Last Checked: Nov 4 at 3:06PM
MLS# 1367117
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.
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Investment Insights
Based on property information with market context.
Under construction in Fayetteville, this 2,900-square-foot duplex is arranged as a main residence and a permitted accessory dwelling unit. The combined layout includes 6 bedrooms and 4 bathrooms, with vinyl and tile flooring, central electric heating and cooling, and a porch. The 2026 construction features Masonite siding and a shingle roof.
The property occupies a 0.1682-acre lot at 1996 W Stone Street. The University of Arkansas, local transit, and the MLK Jr. Boulevard corridor are described as within walking distance. Public water and sewer serve the property.
The property occupies a 0.1682-acre lot at 1996 W Stone Street. The University of Arkansas, local transit, and the MLK Jr. Boulevard corridor are described as within walking distance. Public water and sewer serve the property.
Key Highlights
- Main residence and permitted ADU provide a combined 6 bedrooms and 4 bathrooms
- 2,900 square feet on a 0.1682‑acre lot
- Under construction with a 2026 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,098
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,960
$522.0K
Cap Rate 7%
$372,829
$372.8K
Cap Rate 9%
$289,978
$290.0K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$40.0K $13.80/SF
− Vacancy
−$2.7K −$0.94/SF
EGI
$37.3K $12.86/SF
− OpEx
−$11.2K −$3.86/SF
NOI
$26.1K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,960
Cap Rate 7%
$372,829
Cap Rate 9%
$289,978
Alternative Uses
Best Use
Multifamily LT 5
$372.8K
$326.2K – $435.0K
NOI $26,098 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$329.9K
$288.6K – $384.8K
NOI $23,090 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$778.4K
$681.1K – $908.1K
NOI $54,488 @ 7.0% cap · market cap 7.17%
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
326
Businesses Nearby
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Business Placement
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property combines a main residence and permitted ADU with central heating and cooling.
Where is this duplex located?
The property is located at 1996 W Stone Street Fayetteville, AR.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Main residence and permitted ADU provide a combined 6 bedrooms and 4 bathrooms; 2,900 square feet on a 0.1682‑acre lot; Under construction with a 2026 year built
