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    Fully Leased Duplex with Private Backyards Title is generated by Realmo AI

    211 Ravenwood Boulevard, Siloam Springs, AR 72761

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    Claim this Listing
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    For Sale
    $429,000

    MULTI_FAMILY - Siloam Springs, AR

    Property size:
    2,820 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $152/SF
    Added:
    Jun 19, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 19 at 8:06 pm

    Property Features for 211 Ravenwood Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
    Parking features
    Garage
    Exterior features
    ConcreteDriveway
    Fencing
    Privacy
    Appliances
    Dryer, Dishwasher, ElectricCooktop, ElectricOven, Disposal, GasWaterHeater, IceMaker, Microwave, Refrigerator, Washer
    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

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2002
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Vinyl
    Building materials
    Brick
    Roof type
    Shingle

    We can help!

    Listing Contact
    Jared Carrell
    Jared Carrell

    Listing agent Jared Carrell License #SA00089525

    Listing office Sanderson & Associates Real Estate 2125 E Main St, Siloam Springs, AR

    Listing date Jun 19, 2026

    MLS# 1352648 Listing URL

    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.

    HighLights

    • Fully leased duplex with two 2‑bedroom, 2‑bath units totaling 2,820 SF
    • Rental income of $1,350/month per unit on one‑year leases (began Sept 2025 and Nov 2025)
    • Brand‑new roof completed May 2026 and luxury vinyl plank flooring installed throughout in Oct 2025
    • Each unit has a private fenced backyard
    • Appliances included: refrigerators, dishwashers, electric cooktop/oven, microwave, disposal, washers and dryers
    • Central heating/cooling (natural gas and central air) with brick exterior; garage parking and privacy fencing

    Overview

    This duplex offers two separate, mirror-style 2-bedroom, 2-bath units totaling 2,820 square feet. Each unit features an open-concept layout with generous living areas and large kitchens, supported by a functional everyday floorplan. Furnishings and key appliances are included, with all major kitchen and laundry appliances conveying, including refrigerators, dishwashers, ranges, microwaves, garbage disposals, washers, and dryers. Recent improvements include a brand-new roof completed in May 2026 and luxury vinyl plank flooring installed throughout both units in October 2025. Both residences also come with their own private fenced backyards.

    Located at 211 Ravenwood Boulevard in Siloam Springs, the property is part of the Ravenwood subdivision. The asset sits on a 0.29-acre lot.

    The duplex is fully leased, with both units occupied under one-year leases that began in September 2025 and November 2025, providing immediate rental occupancy for an owner-operator or investor. With recent capital updates and a turnkey appliance package already in place, the property is designed for straightforward management and comfortable tenant use from day one.

    Local 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 (±1% cap)
    NOI $25,740 @ 7.0% cap · market cap 6.00%
    Second Best
    Apartment 5plus
    $328.1K
    $287.1K – $382.8K (±1% cap)
    NOI $22,968 @ 7.0% cap · market cap 5.35%
    Theoretical Best
    Office A
    $775.0K
    $678.1K – $904.1K (±1% cap)
    NOI $54,247 @ 7.0% cap · market cap 12.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Siloam Springs
    County
    Benton
    State
    Arkansas
    Longitude
    -94.518974
    Latitude
    36.183439

    FAQs

    What type of property is this?
    Duplex - Two leased 2-bedroom units with fenced yards and recent roof and flooring updates.
    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 2‑bedroom, 2‑bath units totaling 2,820 SF; Rental income of $1,350/month per unit on one‑year leases (began Sept 2025 and Nov 2025); Brand‑new roof completed May 2026 and luxury vinyl plank flooring installed throughout in Oct 2025
    More about this property
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