Duplex with Vacant
204-206 Smart Street, Jacksonville, AR 72076
For Sale
$149,000
Two-unit residential property with one occupied side and a second unit available for immediate use or leasing.
Property Size1,399 SF
Days on Market272
Property Features for 204-206 Smart Street
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
Fireplace
Central Cool-Electric
Central Heat-Gas
Free-Standing Stove
Sewer-Public, Water-Public, Architectural Shingle
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Realty
Listed By:
Broderic Armstead
(501) 425-2098
Source:
Kw
Added: Feb 11
Changed: Nov 8
Last Checked: Nov 8 at 8:11AM
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 Keller Williams Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit residential property, built in 1967, combines an occupied unit with a vacant unit that is ready for its next resident. Interior features include a fireplace, central electric cooling, central gas heat, and a freestanding stove, providing established functionality across the duplex configuration.
Public water and sewer serve the property, with architectural shingle roofing noted among the exterior features. Located at 204-206 Smart Street in Jacksonville, Arkansas, the duplex offers a straightforward setup for an owner-occupant or residential rental operator, subject to the buyer’s intended use.
Public water and sewer serve the property, with architectural shingle roofing noted among the exterior features. Located at 204-206 Smart Street in Jacksonville, Arkansas, the duplex offers a straightforward setup for an owner-occupant or residential rental operator, subject to the buyer’s intended use.
Key Highlights
- Two‑unit duplex at 204‑206 Smart Street, Jacksonville, AR 72076
- One side is occupied; the second unit is vacant
- Built in 1967
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,757
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,140
$235.1K
Cap Rate 7%
$167,957
$168.0K
Cap Rate 9%
$130,633
$130.6K
Market Conditions
NOI Build-Up for 1,399 SF
Gross rent
$18.0K $12.84/SF
− Vacancy
−$1.2K −$0.83/SF
EGI
$16.8K $12.01/SF
− OpEx
−$5.0K −$3.60/SF
NOI
$11.8K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,140
Cap Rate 7%
$167,957
Cap Rate 9%
$130,633
Alternative Uses
Best Use
Multifamily LT 5
$168.0K
$147.0K – $196.0K
NOI $11,757 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$150.3K
$131.6K – $175.4K
NOI $10,524 @ 7.0% cap · market cap 7.06%
Theoretical Best
Specialty Retail
$266.9K
$233.5K – $311.3K
NOI $18,680 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Jacksonville, AR
Properties on Market for Duplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with one occupied side and a second unit available for immediate use or leasing.
Where is this duplex located?
The property is located at 204-206 Smart Street Jacksonville, AR.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Two‑unit duplex at 204‑206 Smart Street, Jacksonville, AR 72076; One side is occupied; the second unit is vacant; Built in 1967
