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Recently Remodeled Duplex For Sale

239 / 241 Pearl Street Jacksonville, AR 72076

New
239 / 241 Pearl Street, Jacksonville, AR, 72076
$159,000
For Sale
$159,000

MULTI_FAMILY - Jacksonville, AR

Property Size1,400 SF
Lot Size0.25 Acres
Price / SF$113.57
Days on Market4

Property Features for 239 / 241 Pearl Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Appliances
Built-In Stove, Microwave, Electric Range, Built-In Stove, Microwave, Electric Range
Standard status
Active
Size
1,400 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Lot 160
Tax Annual Amount
1125

Building Details

Year built
1970
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency Keller Williams Realty
12814 Cantrell Road, Little Rock, AR
Listed by Christy Robinson
Added: Jul 14 Checked: Jul 17 at 6:06 am
MLS# 26028367 Listing URL

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.


Investment Insights

Based on property information with market context.

This recently remodeled duplex includes two units at 239 and 241 Pearl Street. The property was renovated in 2020 and both units feature updated interiors with modern finishes. One unit is currently leased, while the second unit is vacant and ready for a new tenant or owner-occupant.

The duplex is located in Jacksonville, Arkansas, with the listing noting convenience to shopping, dining, schools, and Little Rock Air Force Base.

With a total property size of 1,400 square feet on a 0.25-acre lot, the asset provides a straightforward rental arrangement featuring one occupied unit and one unit available for immediate occupancy after lease-up.

Key Highlights

  • Duplex in Jacksonville, Arkansas with one unit currently leased for $795/month and a second unit that is vacant
  • Renovated in 2020, with both units featuring updated interiors and recently turned over for new occupancy
  • Built in 1970

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 $18.0k $12.84
− Vacancy −$1.2k −$0.83
EGI $16.8k $12.01
− OpEx −$5.0k −$3.60
NOI $11.8k $8.40
1,400 SF · lease $12.84/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$168.1K
$147.1K – $196.1K (±1% cap)
NOI $11,765 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$150.5K
$131.7K – $175.5K (±1% cap)
NOI $10,532 @ 7.0% cap · market cap 6.62%
Theoretical Best
Specialty Retail
$267.1K
$233.7K – $311.6K (±1% cap)
NOI $18,694 @ 7.0% cap · market cap 11.76%
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

Dental Office Real Estate Agency Law Firm Building Supply Grocery & Convenience Store Electrical Service Furniture & Home Goods Locksmith (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Duplex - Duplex with updated interiors and two units, one leased and one vacant, remodeled in 2020.
Where is this duplex located?
The property is located at 239 / 241 Pearl Street Jacksonville, AR.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Duplex in Jacksonville, Arkansas with one unit currently leased for $795/month and a second unit that is vacant; Renovated in 2020, with both units featuring updated interiors and recently turned over for new occupancy; Built in 1970
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