Brick Duplex With Two
2317 W 26Th Avenue, Pine Bluff, AR 71603
For Sale
$89,000
Two leased one-bedroom residences provide a compact multifamily configuration with durable brick construction.
Property Size1,147 SF
Price / SF$77.59
Days on Market56
Property Features for 2317 W 26Th Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Average Monthly Rent
Building Details
Construction
Listing Agency:
Re/Max Platinum
(870) 534-2823
Listed By:
Wes Brown · License #PB00087003
(870) 209-4628
Source:
Arprorealty
Added: Sep 13
Changed: Nov 5
Last Checked: Nov 6 at 7:51AM
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 Platinum
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Investment Insights
Based on property information with market context.
This duplex contains two one-bedroom, one-bath units within an 1,147-square-foot brick building. Both residences are currently leased, offering an established two-unit configuration for a multifamily buyer. The property is located at 2317 W 26th Avenue in Pine Bluff, Arkansas.
Key Highlights
- Two 1‑bedroom, 1‑bath units
- 1,147‑square‑foot duplex
- Brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,427
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,540
$148.5K
Cap Rate 7%
$106,100
$106.1K
Cap Rate 9%
$82,522
$82.5K
Market Conditions
NOI Build-Up for 1,147 SF
Gross rent
$11.7K $10.20/SF
− Vacancy
−$1.1K −$0.95/SF
EGI
$10.6K $9.25/SF
− OpEx
−$3.2K −$2.78/SF
NOI
$7.4K $6.48/SF
Area
Jefferson County, AR
Vacancy
9.31%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,540
Cap Rate 7%
$106,100
Cap Rate 9%
$82,522
Alternative Uses
Best Use
Multifamily LT 5
$106.1K
$92.8K – $123.8K
NOI $7,427 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$97.5K
$85.4K – $113.8K
NOI $6,828 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$294.1K
$257.3K – $343.1K
NOI $20,585 @ 7.0% cap · market cap 23.13%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
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Business Placement
Demographics for 71603, AR
30,236
Population
13,997
Households
2.2
Avg Household Size
43
Median Age
24%
College-Educated
90%
High-School Grad
167.8 sq mi
ZIP Area
180
Density / Sq Mi
$51,019
Median Household Income
$35,833
Median Earnings
$859
Median Rent
$116,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased one-bedroom residences provide a compact multifamily configuration with durable brick construction.
Where is this duplex located?
The property is located at 2317 W 26Th Avenue Pine Bluff, AR.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath units; 1,147‑square‑foot duplex; Brick construction
