Two-Unit Brick
New
For Sale
$450,000
2432 & 2434 W Magnolia Street, Rogers, AR 72758
Residential, Rogers, AR
Property Size2,869 SF
Lot Size0.23 Acres
Price / SF$156.85
Days on Market2
Property Features for 2432 & 2434 W Magnolia Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 6
Parking features
Garage
Exterior features
ConcreteDriveway
Fireplace
1
Appliances
Dryer, Dishwasher, ElectricRange, Disposal, GasWaterHeater, RangeHood, SmoothCooktop, Washer
Subdivision
Oak Hills III Phase I Rogers
Lot features
Cleared, City Lot, Level, Subdivision
Elementary school district
Rogers
Middle school district
Rogers
High school district
Rogers
Directions
West on Walnut, right onto S 28th, left on Oak st, Right on S 24th st, Right onto W Magnolia St. Duplex on left
Standard status
Active
APN
02-06578-000
Size
2,869 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
Lot 3 Blk 4 Oak Hills III Phase I
Tax Annual Amount
3061
Legal Description
Lot 3 Blk 4 Oak Hills III Phase I
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Amenities
wood burning fireplace
cathedral ceilings with skylights
Building Details
Year built
1992
Floors in Building
2
Number of units
2
Flooring type
Wood, Vinyl, Tile, Carpet
Building materials
Brick
Roof type
Shingle
Listing Agency:
Dan Hein Homes Realty
(479) 876-1400
Listed By:
Julie Hale · License #EB00072772
(479) 270-9112
Added: Oct 15
Last Checked: Oct 16 at 3:06AM
MLS# 1365308
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.
Built in 1992, this brick duplex contains 2,869 square feet across two residences on a 0.23-acre lot. Each side has three bedrooms, two bathrooms, a one-car garage, a living room with a wood-burning fireplace, and an eat-in kitchen. Two bedrooms are on the main floor, with the third upstairs. Both units have separate utilities and newer appliances; HVAC systems in each were replaced within the last 5 years. One residence is leased month to month, and the other is available for occupancy. The roof was replaced in 2024 and has a lifetime warranty.
The property is near the Rogers Aquatic Center and schools, and 3 miles from the hospital, mall, and Razorback Greenway. Public water and sewer serve the property.
The property is near the Rogers Aquatic Center and schools, and 3 miles from the hospital, mall, and Razorback Greenway. Public water and sewer serve the property.
Key Highlights
- Two residences with 3 bedrooms and 2 bathrooms each
- 2,869 square feet on a 0.23‑acre lot
- One‑car garage for each unit; utilities are separate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,187
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,740
$523.7K
Cap Rate 7%
$374,100
$374.1K
Cap Rate 9%
$290,967
$291.0K
Market Conditions
NOI Build-Up for 2,869 SF
Gross rent
$39.6K $13.80/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$37.4K $13.04/SF
− OpEx
−$11.2K −$3.91/SF
NOI
$26.2K $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%
$523,740
Cap Rate 7%
$374,100
Cap Rate 9%
$290,967
Alternative Uses
Best Use
Multifamily LT 5
$374.1K
$327.3K – $436.5K
NOI $26,187 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$333.8K
$292.1K – $389.5K
NOI $23,367 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$788.4K
$689.9K – $919.8K
NOI $55,189 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
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 - Separate utilities and individual garages distinguish the two residences.
Where is this duplex located?
The property is located at 2432 & 2434 W Magnolia 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: Two residences with 3 bedrooms and 2 bathrooms each; 2,869 square feet on a 0.23‑acre lot; One‑car garage for each unit; utilities are separate
