Two-Bedroom Duplex with
For Sale
$345,000
Pending
2207 Pin Oak Dr, Springdale, AR 72762
Both residences have remained leased, with separate garages and wood-burning fireplaces.
Property Size2,326 SF
Days on Market26
Property Features for 2207 Pin Oak Dr
General Information
Standard status
Pending
Size
2,326 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Parking per Unit
1
Amenities
wood-burning fireplace
laundry room
Building Details
Year Built
1977
Buildings
1
Listing Agency:
RE/MAX Associates, LLC
(479) 236-8438
Listed By:
SoHo NWA brokered by EXP Realty
(479) 871-9227
Source:
Sohonwa
Added: Aug 8
Changed: Sep 1
Last Checked: Sep 1 at 6:44PM
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 RE/MAX Associates, LLC
Investment Insights
Based on property information with market context.
Located at 2207 Pin Oak Dr in Springdale, this 2,326-square-foot duplex contains two residences, each with two bedrooms, 1.5 baths, a one-car garage, and a wood-burning fireplace. The property was built in 1977 and includes separate living spaces suited to continued residential occupancy.
Recent improvements include a dishwasher and garbage disposal in Side A, along with refreshed tile in its kitchen and laundry room. Both sides have newer windows and furnaces installed in 2018, while the air-conditioning systems received new coils in 2024. Garage doors have also been updated.
The property has remained consistently rented during the current ownership period. It is near schools, shopping, Harps, and the Tyson corporate offices, and the listing reflects a cap rate over 6.5%.
Recent improvements include a dishwasher and garbage disposal in Side A, along with refreshed tile in its kitchen and laundry room. Both sides have newer windows and furnaces installed in 2018, while the air-conditioning systems received new coils in 2024. Garage doors have also been updated.
The property has remained consistently rented during the current ownership period. It is near schools, shopping, Harps, and the Tyson corporate offices, and the listing reflects a cap rate over 6.5%.
Key Highlights
- 2,326 SF duplex at 2207 Pin Oak Dr, Springdale, AR 72762
- Two units with 2 bedrooms and 1.5 baths per side
- Each unit includes a 1‑car garage and wood‑burning fireplace
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
$20,932
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
6.07%
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%
$418,640
$418.6K
Cap Rate 7%
$299,029
$299.0K
Cap Rate 9%
$232,578
$232.6K
Market Conditions
NOI Build-Up for 2,326 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
$32.1K $13.80/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$29.9K $12.86/SF
− OpEx
−$9.0K −$3.86/SF
NOI
$20.9K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
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%
$418,640
Cap Rate 7%
$299,029
Cap Rate 9%
$232,578
Alternative Uses
Best Use
Multifamily LT 5
$299.0K
$261.7K – $348.9K
NOI $20,932 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$264.6K
$231.5K – $308.7K
NOI $18,520 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$624.3K
$546.3K – $728.4K
NOI $43,703 @ 7.0% cap · market cap 12.67%
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
667
Businesses Nearby
Explore this area
Business Placement
Demographics for 72762, AR
42,175
Population
17,270
Households
2.4
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
58.1 sq mi
ZIP Area
726
Density / Sq Mi
$80,678
Median Household Income
$42,066
Median Earnings
$1,118
Median Rent
$278,600
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 - Both residences have remained leased, with separate garages and wood-burning fireplaces.
Where is this duplex located?
The property is located at 2207 Pin Oak Dr Springdale, AR.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2,326 SF duplex at 2207 Pin Oak Dr, Springdale, AR 72762; Two units with 2 bedrooms and 1.5 baths per side; Each unit includes a 1‑car garage and wood‑burning fireplace
