Two-Dwelling Duplex
For Sale
$149,000
210 N Monroe St, Cabot, AR 72023
Multi-Family, Traditional, Cabot, AR
Property Size1,456 SF
Lot Size0.24 Acres
Price / SF$102.34
Days on Market47
Property Features for 210 N Monroe St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Carport
Exterior features
Partially Fenced, Chain Link
Fencing
Partial, Chain Link
Appliances
Free-Standing Stove, Free-Standing Stove
Subdivision
Moore & Martin
Lot features
Sloped
Directions
From US 167/NUS-67 N, take exit 19 to AR-89 S/W Main St, pass the light in front of Cabot High School. turn right onto N Monroe and the property will be on the right.
Standard status
Active
APN
721-60210-000
Size
1,456 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot/Block: PT 10-12/2
Tax Annual Amount
463
Legal Description
Lot/Block: PT 10-12/2
Building Details
Year built
1970
Number of units
2
Flooring type
Tile, Vinyl, Laminate
Roof type
Composition
Architectural style
Other
Listing Agency:
Peruvian Lily Real Estate Services
(501) 541-9687
Listed By:
Darryl Goodman
(501) 541-9687
Added: Jul 17
Changed: Sep 1
Last Checked: Sep 1 at 4:06PM
MLS# 26028965
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 duplex property contains two separate dwellings totaling 1,456 square feet on a 0.24-acre lot. The front residence has two bedrooms and one bathroom and requires work, while the rear residence offers one bedroom and one bathroom and is currently tenant occupied.
Built in 1970, the property includes a carport, partial chain-link fencing, and a composition roof. The address is 210 N Monroe St in Cabot, Arkansas 72023.
Built in 1970, the property includes a carport, partial chain-link fencing, and a composition roof. The address is 210 N Monroe St in Cabot, Arkansas 72023.
Key Highlights
- Two separate dwellings totaling 1,456 square feet
- Front residence has 2 bedrooms and 1 bathroom and requires work
- Rear residence has 1 bedroom and 1 bathroom and is tenant occupied
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
$13,290
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
8.92%
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%
$265,800
$265.8K
Cap Rate 7%
$189,857
$189.9K
Cap Rate 9%
$147,667
$147.7K
Market Conditions
NOI Build-Up for 1,456 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
$20.1K $13.80/SF
− Vacancy
−$1.1K −$0.76/SF
EGI
$19.0K $13.04/SF
− OpEx
−$5.7K −$3.91/SF
NOI
$13.3K $9.13/SF
Area
Lonoke 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%
$265,800
Cap Rate 7%
$189,857
Cap Rate 9%
$147,667
Alternative Uses
Best Use
Multifamily LT 5
$189.9K
$166.1K – $221.5K
NOI $13,290 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$168.1K
$147.1K – $196.1K
NOI $11,768 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$296.5K
$259.4K – $345.9K
NOI $20,752 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
Demographics for 72023, AR
37,321
Population
14,901
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
98.2 sq mi
ZIP Area
380
Density / Sq Mi
$76,157
Median Household Income
$45,363
Median Earnings
$978
Median Rent
$202,400
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 dwellings include a tenant-occupied one-bedroom unit and a two-bedroom unit requiring work.
Where is this duplex located?
The property is located at 210 N Monroe St Cabot, 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 separate dwellings totaling 1,456 square feet; Front residence has 2 bedrooms and 1 bathroom and requires work; Rear residence has 1 bedroom and 1 bathroom and is tenant occupied
