2114 keathley Drive, Conway, AR 72034
MULTI_FAMILY - Conway, AR
- Added:
- Jun 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 12 at 12:06 pm
Property Features for 2114 keathley Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Built-In Stove, Microwave, Built-In Stove, Microwave
- Standard status
- Active
- Size
- 2,208 SF
- Lot size
- 0.43 Acres
Taxes and HOA fees
- Tax Description
- LOT 1 KEATHLEY ESTATES
- Tax Annual Amount
- 2174
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Vinyl
- Roof type
- Metal
- Architectural style
- Other
Listing agent Bryce Richardson (870) 530-7262
Listing office Brick Real Estate 2405 Prince Street, Conway, AR (501) 497-3822
Listing date Jun 10, 2026
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.
HighLights
- 3‑unit multifamily in Conway; all 3 units currently occupied
- Total gross income $2,250/month ($750/month per unit)
- Each unit offers 2 bed / 1 bath layout
- Each unit includes 736 SF
- Year built: 1971; metal roof
- Appliances include built‑in stove and microwave; vinyl flooring
Overview
The asset is located at 2114 Keathley Drive in Conway, within Faulkner County, Arkansas (72034). The offering is positioned as a straightforward multifamily option with all units occupied.
For investors seeking a manageable residential income profile, the fully occupied status and consistent unit mix (2 bed/1 bath) may simplify underwriting and operations. Each unit is reported at 736 square feet, supporting a relatively uniform tenant experience across the property.
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 | $22.5k | $10.20 |
| − Vacancy | −$1.3k | −$0.59 |
| EGI | $21.2k | $9.61 |
| − OpEx | −$6.4k | −$2.88 |
| NOI | $14.9k | $6.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.397189
- Latitude
- 35.094688
