Duplex with
New
For Sale
$450,000
2429 W Gum Street, Rogers, AR 72758
Residential, Rogers, AR
Property Size2,962 SF
Lot Size0.22 Acres
Price / SF$151.92
Days on Market2
Property Features for 2429 W Gum Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking features
Open, Garage
Window features
Vinyl Frames
Exterior features
ConcreteDriveway
Fireplace
1
Appliances
Dishwasher, ElectricWaterHeater, Disposal, GasOven, GasRange, SelfCleaningOven
Subdivision
Oak Hill Iii Ph 1 Rogers
Lot features
Cleared, City Lot, Subdivision
Directions
FROM I -49 NEW HOPE E , TURN N ONTO 26TH ST. TURN E ONTO OLRICH ST, THEN TURN N ONTO 25TH PLACE, THEN TURN E ONTO W GUM DUPLEX WILL BE ON THE LEFT THE RIGHT SIDE IS VACANT
Standard status
Active
APN
02-06592-000
Size
2,962 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
LOT 18 EXC E5.77' & E2.73' LOT 19
Tax Annual Amount
2075
Legal Description
LOT 18 EXC E5.77' & E2.73' LOT 19
Utilities
Heating system
Central, Natural Gas
Cooling system
Central Air
Building Details
Year built
1992
Floors in Building
2
Number of units
2
Flooring type
Laminate
Building materials
Brick, VinylSiding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 696-0600
Listed By:
Charla White · License #SA00048148
(479) 640-1507
Added: Oct 16
Last Checked: Oct 17 at 2:06AM
MLS# 1365369
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.
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Investment Insights
Based on property information with market context.
This brick-and-vinyl-sided duplex contains 2,962 square feet on a 0.22-acre lot. The property was built in 1992 and includes a fireplace, central heating and air conditioning, and garage and open parking. Recent improvements include a new roof, energy-efficient windows in both units, replaced yard lines, updated kitchen counters, and renovated bathrooms with a tiled shower. Stainless steel appliances are also noted.
The property is in Rogers, with access to I-49, shopping, restaurants, a nearby bike trail, and downtown Rogers. The Walmart home office is also described as a short drive away.
The property is in Rogers, with access to I-49, shopping, restaurants, a nearby bike trail, and downtown Rogers. The Walmart home office is also described as a short drive away.
Key Highlights
- 2,962‑square‑foot duplex on a 0.22‑acre lot
- Three bedrooms and two full bathrooms
- New roof and energy‑efficient windows in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,036
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,720
$540.7K
Cap Rate 7%
$386,229
$386.2K
Cap Rate 9%
$300,400
$300.4K
Market Conditions
NOI Build-Up for 2,962 SF
Gross rent
$40.9K $13.80/SF
− Vacancy
−$2.3K −$0.76/SF
EGI
$38.6K $13.04/SF
− OpEx
−$11.6K −$3.91/SF
NOI
$27.0K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,720
Cap Rate 7%
$386,229
Cap Rate 9%
$300,400
Alternative Uses
Best Use
Multifamily LT 5
$386.2K
$338.0K – $450.6K
NOI $27,036 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$344.6K
$301.6K – $402.1K
NOI $24,124 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$814.0K
$712.2K – $949.6K
NOI $56,978 @ 7.0% cap · market cap 12.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 72758, AR
45,105
Population
18,145
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
88%
High-School Grad
31.3 sq mi
ZIP Area
1,441
Density / Sq Mi
$94,605
Median Household Income
$49,856
Median Earnings
$1,300
Median Rent
$358,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Updated kitchens and baths complement a living area with a fireplace.
Where is this duplex located?
The property is located at 2429 W Gum Street Rogers, AR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,962‑square‑foot duplex on a 0.22‑acre lot; Three bedrooms and two full bathrooms; New roof and energy‑efficient windows in both units
