Duplex with Mixed Unit
New
For Sale
$141,900
208-210 Smart Street, Jacksonville, AR 72076
Multi-Family, Traditional, Jacksonville, AR
Property Size1,275 SF
Lot Size0.17 Acres
Price / SF$111.29
Days on Market5
Property Features for 208-210 Smart Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Interior features
Washer Connection
Appliances
Built-In Stove, Electric Range, Built-In Stove, Electric Range
Subdivision
Duprees
Lot features
Level, In Subdivision
Directions
From Main Street Jacksonville, go East and over the railroad track and turn Right onto S Oak. Turn Left onto South Road, then Left onto Smart and see the sign. The property in on the Right.
Standard status
Active
Size
1,275 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Lot 15
Tax Annual Amount
1127
Legal Description
Lot 15
Building Details
Year built
1968
Floors in Building
1
Number of units
1
Flooring type
Laminate
Roof type
Composition
Architectural style
Other
Listing Agency:
RE/MAX Homefinders
(501) 982-2159
Listed By:
Richard White · License #EB00053990
(501) 960-0344
Added: Aug 29
Changed: Aug 31
Last Checked: Sep 2 at 10:06AM
MLS# 26035399
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 1968-built duplex contains two distinct residences: one offers 2 bedrooms and 1 bathroom, while the other provides 1 bedroom and 1 bathroom. The property includes kitchen appliances, built-in cabinetry, electric ranges, a refrigerator, laminate flooring, and washer connections. A composition roof serves the building.
The duplex occupies 0.17 acres at 208-210 Smart Street in Jacksonville, Arkansas. The units are separately configured, and tenants pay all utilities. The property has 1,275 square feet of building area.
The duplex occupies 0.17 acres at 208-210 Smart Street in Jacksonville, Arkansas. The units are separately configured, and tenants pay all utilities. The property has 1,275 square feet of building area.
Key Highlights
- Two‑unit layout with one 2‑bedroom, 1‑bath residence and one 1‑bedroom, 1‑bath residence
- 1,275 square feet on a 0.17‑acre lot
- Kitchen appliances include electric ranges and a refrigerator
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
$10,715
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
7.55%
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%
$214,300
$214.3K
Cap Rate 7%
$153,071
$153.1K
Cap Rate 9%
$119,056
$119.1K
Market Conditions
NOI Build-Up for 1,275 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
$16.4K $12.84/SF
− Vacancy
−$1.1K −$0.83/SF
EGI
$15.3K $12.01/SF
− OpEx
−$4.6K −$3.60/SF
NOI
$10.7K $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 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%
$214,300
Cap Rate 7%
$153,071
Cap Rate 9%
$119,056
Alternative Uses
Best Use
Multifamily LT 5
$153.1K
$133.9K – $178.6K
NOI $10,715 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$137.0K
$119.9K – $159.9K
NOI $9,592 @ 7.0% cap · market cap 6.76%
Theoretical Best
Specialty Retail
$243.2K
$212.8K – $283.8K
NOI $17,025 @ 7.0% cap · market cap 12.00%
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
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
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 - Two separate units include kitchens, appliances, and washer connections.
Where is this duplex located?
The property is located at 208-210 Smart Street Jacksonville, AR.
What is the asking price?
The asking price for this property is $141,900.
What are key features of this property?
This property features: Two‑unit layout with one 2‑bedroom, 1‑bath residence and one 1‑bedroom, 1‑bath residence; 1,275 square feet on a 0.17‑acre lot; Kitchen appliances include electric ranges and a refrigerator
