2025-Built Duplex with Fenced
For Sale
$499,000
204 & 206 NW 67th Avenue, Bentonville, AR 72713
Residential, Bentonville, AR
Property Size2,924 SF
Lot Size0.19 Acres
Price / SF$170.66
Days on Market16
Property Features for 204 & 206 NW 67th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 4
Parking features
Garage, Open
Patio and Porch features
Patio, Porch
Exterior features
ConcreteDriveway
Fencing
Privacy, Fenced
Appliances
CounterTop, Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, MicrowaveHoodFan, Microwave, Refrigerator, Washer
Subdivision
Woodward Park
Lot features
Cleared
Elementary school district
Bentonville
Middle school district
Bentonville
High school district
Bentonville
Directions
Hwy 12 to Vaughn Rd to NE Hutchens Rd to Woodward Park. Duplex on the right.
Standard status
Active
APN
22-01456-001
Size
2,924 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
REPLAT 10/9/2024 L202454217
Tax Annual Amount
5000
Legal Description
REPLAT 10/9/2024 L202454217
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
granite countertops
washer
dryer
fridge
microwave
dishwasher
upgraded concrete patio
privacy fenced backyard
Building Details
Year built
2025
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency:
The Brandon Group
(479) 787-3080
Listed By:
Christopher Brandon · License #EB00078421
(479) 787-0088
Added: Aug 7
Changed: Aug 20
Last Checked: Aug 22 at 1:06AM
MLS# 1358076
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.
Completed in 2025, this duplex contains 2,924 square feet across two tenant-occupied residences. Both units include granite countertops, washer, dryer, refrigerator, microwave, dishwasher, electric range, disposal, and central heating and cooling. Vinyl flooring, brick and vinyl siding, shingle roofing, and concrete driveways are also provided.
Each unit offers an upgraded concrete patio and access to a privacy-fenced backyard. Parking includes garage and open spaces. The property occupies 0.19 acres at 204 & 206 NW 67th Avenue in Bentonville, Arkansas, within a new community. Both residences are fully occupied, and showings are restricted until an offer has been accepted.
Each unit offers an upgraded concrete patio and access to a privacy-fenced backyard. Parking includes garage and open spaces. The property occupies 0.19 acres at 204 & 206 NW 67th Avenue in Bentonville, Arkansas, within a new community. Both residences are fully occupied, and showings are restricted until an offer has been accepted.
Key Highlights
- 2025‑built duplex with 2,924 square feet
- Two fully occupied, tenant‑occupied residences
- Both units include granite countertops and full appliance packages
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,689
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$533,780
$533.8K
Cap Rate 7%
$381,271
$381.3K
Cap Rate 9%
$296,544
$296.5K
Market Conditions
NOI Build-Up for 2,924 SF
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.
Gross rent
$40.4K $13.80/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$38.1K $13.04/SF
− OpEx
−$11.4K −$3.91/SF
NOI
$26.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$533,780
Cap Rate 7%
$381,271
Cap Rate 9%
$296,544
Alternative Uses
Best Use
Multifamily LT 5
$381.3K
$333.6K – $444.8K
NOI $26,689 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$340.2K
$297.7K – $396.9K
NOI $23,815 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$803.5K
$703.1K – $937.5K
NOI $56,247 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 72713, AR
25,076
Population
10,752
Households
2.3
Avg Household Size
31
Median Age
58%
College-Educated
97%
High-School Grad
48.5 sq mi
ZIP Area
517
Density / Sq Mi
$117,752
Median Household Income
$72,491
Median Earnings
$1,302
Median Rent
$355,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied income property with two finished residences and updated appliance packages.
Where is this duplex located?
The property is located at 204 & 206 NW 67th Avenue Bentonville, AR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2025‑built duplex with 2,924 square feet; Two fully occupied, tenant‑occupied residences; Both units include granite countertops and full appliance packages
