Duplex with Brand-New
For Sale
$429,000
211 Ravenwood Boulevard, Siloam Springs, AR 72761
MULTI_FAMILY - Siloam Springs, AR
Property Size2,820 SF
Lot Size0.29 Acres
Price / SF$152.13
Days on Market48
Property Features for 211 Ravenwood Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Parking features
Garage
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
Dryer, Dishwasher, ElectricCooktop, ElectricOven, Disposal, GasWaterHeater, IceMaker, Microwave, Refrigerator, Washer
Subdivision
Ravenwood Dev Ph 4 Siloam Spgs
Lot features
Hardwood Trees, Landscaped, Level, Subdivision
Directions
From Hwy 412 W take exit to E Main St. At 4 way stop turn right onto Ravenwood Blvd. Continue through the next 4 way stop. Duplex will be on your right. Last duplex before you reach the community pool.
Standard status
Active
APN
03-04730-000
Size
2,820 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
PLAT P4-197.
Tax Annual Amount
2595
HOA Fee
$450 Annually
Legal Description
PLAT P4-197.
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Amenities
private fenced backyard
Building Details
Year built
2002
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Tile
Building materials
Brick
Roof type
Shingle
Listing Agency:
Sanderson & Associates Real Estate
(479) 524-8600
Listed By:
Jared Carrell · License #SA00089525
(903) 285-1392
Added: Jun 19
Changed: Aug 1
Last Checked: Aug 5 at 1:06PM
MLS# 1352648
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.
This fully leased duplex offers two separate residences, each with a bedroom and bathroom layout designed for comfortable everyday living. The property was updated with a brand-new roof completed in May 2026 and luxury vinyl plank flooring installed throughout both units in October 2025. Each unit includes a private fenced backyard, and major appliances convey, including refrigerators, dishwashers, ranges, microwaves, garbage disposals, washers, and dryers. Interior finishes include vinyl and tile flooring, and the building is supported by brick construction.
Located at 211 Ravenwood Boulevard in Siloam Springs, the duplex totals 2,820 square feet on a 0.29-acre lot. Heating is central with natural gas, and cooling is electric central air. The shingle roof and public water and public sewer services support day-to-day operations, while parking is provided by a garage and the exterior includes a concrete driveway. Both units are currently occupied under one-year leases that began in September 2025 and November 2025.
Located at 211 Ravenwood Boulevard in Siloam Springs, the duplex totals 2,820 square feet on a 0.29-acre lot. Heating is central with natural gas, and cooling is electric central air. The shingle roof and public water and public sewer services support day-to-day operations, while parking is provided by a garage and the exterior includes a concrete driveway. Both units are currently occupied under one-year leases that began in September 2025 and November 2025.
Key Highlights
- Fully leased duplex with two separate units
- Brand‑new roof completed May 2026
- Luxury vinyl plank flooring installed October 2025
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $13.80 |
| − Vacancy | −$2.1k | −$0.76 |
| EGI | $36.8k | $13.04 |
| − OpEx | −$11.0k | −$3.91 |
| NOI | $25.7k | $9.13 |
2,820 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$367.7K
$321.8K – $429.0K
NOI $25,740 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$328.1K
$287.1K – $382.8K
NOI $22,968 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$775.0K
$678.1K – $904.1K
NOI $54,247 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
330
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
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 leased brick duplex with separate fenced backyards, central heat and air, and new roof completed May 2026.
Where is this duplex located?
The property is located at 211 Ravenwood Boulevard Siloam Springs, AR.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Fully leased duplex with two separate units; Brand‑new roof completed May 2026; Luxury vinyl plank flooring installed October 2025
