Duplex with Screened Sun
21037 And 21039 Richard Ct, Siloam Springs, AR 72761
For Sale
$430,000
Kitchen includes shaker cabinets, backsplash, peninsula, and bar seating.
Property Size2,576 SF
Price / SF$166.93
Days on Market73
Property Features for 21037 And 21039 Richard Ct
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
screened in sun porch
porch
patio
fenced backyard
Building Details
Year Built
Listing Agency:
Crye-Leike REALTORS, Siloam Springs
Listed By:
Misti Stephens · License AR PB00047985
(479) 957-4232
Source:
Thesummithometeam
Added: Sep 1
Changed: Oct 25
Last Checked: Nov 10 at 1:27PM
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 Crye-Leike REALTORS, Siloam Springs
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 duplex in Siloam Springs was constructed in 2019 and contains 2,576 square feet. The interior kitchen combines shaker-style cabinetry with a backsplash, peninsula, and bar area, creating distinct zones for meal preparation and informal dining. One bedroom includes a private ensuite bathroom.
Outdoor features include a screened sun porch serving one side of the property, along with an additional porch and a spacious patio. The backyard is enclosed with fencing, providing a defined outdoor area for residents. The property is located at 21037 and 21039 Richard Ct in Siloam Springs, Arkansas.
Outdoor features include a screened sun porch serving one side of the property, along with an additional porch and a spacious patio. The backyard is enclosed with fencing, providing a defined outdoor area for residents. The property is located at 21037 and 21039 Richard Ct in Siloam Springs, Arkansas.
Key Highlights
- Duplex constructed in 2019
- 2,576 square feet of property size
- Kitchen with shaker cabinets, backsplash, peninsula, and bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,513
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,260
$470.3K
Cap Rate 7%
$335,900
$335.9K
Cap Rate 9%
$261,256
$261.3K
Market Conditions
NOI Build-Up for 2,576 SF
Gross rent
$35.5K $13.80/SF
− Vacancy
−$2.0K −$0.76/SF
EGI
$33.6K $13.04/SF
− OpEx
−$10.1K −$3.91/SF
NOI
$23.5K $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 Rate 5%
$470,260
Cap Rate 7%
$335,900
Cap Rate 9%
$261,256
Alternative Uses
Best Use
Multifamily LT 5
$335.9K
$293.9K – $391.9K
NOI $23,513 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$299.7K
$262.3K – $349.7K
NOI $20,980 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$707.9K
$619.4K – $825.9K
NOI $49,553 @ 7.0% cap · market cap 11.52%
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
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 72761, AR
23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Benton County, AR
Properties on Market for Duplexes in Benton County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Kitchen includes shaker cabinets, backsplash, peninsula, and bar seating.
Where is this duplex located?
The property is located at 21037 And 21039 Richard Ct Siloam Springs, AR.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Duplex constructed in 2019; 2,576 square feet of property size; Kitchen with shaker cabinets, backsplash, peninsula, and bar
