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Remodeled Duplex with Two Leased Units

2009 A&B Christy Drive Springdale, AR 72764

New
2009 A&B Christy Drive, Springdale, AR, 72764
$375,000
For Sale
$375,000

MULTI_FAMILY - Springdale, AR

Property Size2,256 SF
Lot Size0.32 Acres
Price / SF$166.22
Days on Market2

Property Features for 2009 A&B Christy Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 5
Parking features
Garage
Exterior features
ConcreteDriveway
Appliances
BuiltInRange, BuiltInOven, CounterTop, Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, Disposal, GasWaterHeater, Refrigerator, RangeHood, Washer
Standard status
Active
APN
815-24376-000
Size
2,256 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Description
Lot 25, Block 4, Parson Hills Subdivision, Phase II
Tax Annual Amount
2069

Utilities

Heating system
Natural Gas, Central
Cooling system
Central Air, Electric

Building Details

Year built
1986
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency Keller Williams Market Pro Realty
1200 N College Ave, Fayetteville, AR
Listed by Heather Miley · License #SA00088352
Added: Jul 18 Checked: Jul 19 at 7:06 am
MLS# 1355511 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 recently remodeled duplex offers two units, each with spacious 3-bedroom, 2-bathroom layouts. Extensive updates include a newer roof, updated HVAC units, new flooring, interior paint, refinished cabinets and countertops, and modern lighting and plumbing fixtures throughout. Each unit is equipped with kitchen appliances, including a refrigerator, and washers and dryers are also included.

The property is located in East Springdale, with convenient access to Emma Avenue and downtown Springdale, less than 3 miles away. The duplex is positioned near schools, grocery stores, restaurants, shopping, and trails.

Both units are currently leased, providing immediate rental income for the next owner. Please do not disturb tenants, and note that no showings will be scheduled until an accepted offer.

Key Highlights

  • Remodeled duplex built in 1986 with brick and vinyl siding exterior and shingle roof
  • Each unit includes updated kitchen appliances (refrigerator, range/oven, dishwasher, disposal) plus washer and dryer
  • Central natural gas heat with central air cooling, with updated HVAC units reported

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 $31.1k $13.80
− Vacancy −$2.1k −$0.94
EGI $29.0k $12.86
− OpEx −$8.7k −$3.86
NOI $20.3k $9.00
2,256 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$290.0K
$253.8K – $338.4K (±1% cap)
NOI $20,302 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$256.6K
$224.5K – $299.4K (±1% cap)
NOI $17,963 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$605.5K
$529.9K – $706.5K (±1% cap)
NOI $42,388 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Recently remodeled duplex with two 3-bedroom, 2-bath units, both currently leased.
Where is this duplex located?
The property is located at 2009 A&B Christy Drive Springdale, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Remodeled duplex built in 1986 with brick and vinyl siding exterior and shingle roof; Each unit includes updated kitchen appliances (refrigerator, range/oven, dishwasher, disposal) plus washer and dryer; Central natural gas heat with central air cooling, with updated HVAC units reported
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