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Renovated Duplex with Rental Income

228 and 230 Copper Oaks Drive Centerton, AR 72719

New
228 and 230 Copper Oaks Drive, Centerton, AR, 72719
$485,000
For Sale
$485,000

MULTI_FAMILY - Centerton, AR

Property Size2,920 SF
Lot Size0.23 Acres
Price / SF$166.10
Days on Market2

Property Features for 228 and 230 Copper Oaks Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Garage
Exterior features
ConcreteDriveway
Appliances
GasWaterHeater
Standard status
Active
APN
06-02317-000
Size
2,920 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Description
PLAT 2005-350, 352
Tax Annual Amount
3333

Utilities

Heating system
Central, Natural Gas
Cooling system
Electric, Central Air

Building Details

Year built
2006
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Tile
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing agency PAK Home Realty
Listed by Jose Esparza · License #PB00060299
Added: Jul 22 Checked: Jul 23 at 1:06AM
MLS# 1356096

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 well-maintained duplex offers two residential units, with spacious backyards featuring privacy fencing and a newer roof. Each unit includes three bedrooms, two full bathrooms upstairs, and a half bath downstairs, providing a practical, family-friendly layout.

Unit 230 has been fully renovated with new flooring and fresh paint. Unit 230 is on a month-to-month lease, while Unit 228 is leased through August 2027.

The property is listed for sale at 228 and 230 Copper Oaks Drive in Centerton, Arkansas (Benton County).

Key Highlights

  • Duplex built in 2006 with brick and vinyl siding exterior
  • Each unit offers 3 bedrooms, including 2 full bathrooms upstairs and a half bath downstairs
  • Unit 230 is fully renovated with new flooring and fresh paint; Unit 228 is leased through August 2027

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 $40.3k $13.80
− Vacancy −$2.2k −$0.76
EGI $38.1k $13.04
− OpEx −$11.4k −$3.91
NOI $26.7k $9.13
2,920 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$380.8K
$333.2K – $444.2K (±1% cap)
NOI $26,653 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$339.7K
$297.3K – $396.4K (±1% cap)
NOI $23,782 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$802.4K
$702.1K – $936.2K (±1% cap)
NOI $56,171 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Hair Salon Spa & Massage Center Real Estate Agency HVAC Service Law Firm Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

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

FAQs

What type of property is this?
Duplex - Two-unit duplex includes privacy-fenced backyards, a newer roof, and one renovated unit with current leasing in place.
Where is this duplex located?
The property is located at 228 and 230 Copper Oaks Drive Centerton, AR.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Duplex built in 2006 with brick and vinyl siding exterior; Each unit offers 3 bedrooms, including 2 full bathrooms upstairs and a half bath downstairs; Unit 230 is fully renovated with new flooring and fresh paint; Unit 228 is leased through August 2027
Contact an agent
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