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    Updated Duplex with Occupied Unit Title is generated by Realmo AI

    246 & 248 E Anabranch Court, Farmington, AR 72730

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    Claim this Listing
    New
    For Sale
    $468,900

    MULTI_FAMILY - Ranch - Farmington, AR

    Type:Single Family Residence
    Property size:
    2,740 SF
    Lot size:
    0.38 Acres
    Price / SF:
    $171/SF
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 246 & 248 E Anabranch Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4
    Parking features
    Garage
    Window features
    Vinyl Frames
    Patio and Porch features
    Patio
    Exterior features
    ConcreteDriveway
    Appliances
    Dishwasher, ElectricRange, ElectricWaterHeater
    Standard status
    Active
    APN
    760-03870-005
    Size
    2,740 SF
    Lot size
    0.38 Acres

    Taxes and HOA fees

    Tax Description
    Lot 5, Holland Crossing Duplexes
    Tax Annual Amount
    3619

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    2018
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Laminate
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Becky Lynch

    Listing agent Becky Lynch License #SA00076611

    Listing office Bassett Mix And Associates, Inc 3263 N College Ave, Fayetteville, AR

    Listing date Jun 24, 2026

    MLS# 1352974 Listing URL

    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.

    HighLights

    • 2018 brick ranch duplex with open‑concept layout
    • 6 bedrooms and 4 bathrooms across the duplex (bedrooms 1–6, bathrooms 1–4)
    • New laminate flooring and fresh interior paint, plus updated fencing
    • Electric heating and electric cooling, with an electric water heater
    • Appliances include dishwasher and electric range
    • Public water and public sewer; concrete driveway with patio and garage parking

    Overview

    This updated duplex features open-concept living and recent improvements, including new laminate flooring, fresh interior paint, and updated fencing. The property is configured as two separate units, with one side currently occupied. Each unit’s layout is designed for everyday functionality, supported by the interior refresh and exterior fencing updates.

    Located in Farmington, Arkansas, the home sits on a lot sized at 0.3784 acres. The public remarks describe convenient access to I-49 and proximity to schools, parks, trails, shopping, and dining, supporting everyday tenant convenience and owner-occupant usability.

    For investors or owner-occupants, the key advantage is the ability to occupy one unit while renting the other, since one side is already occupied. The property is also described as qualifying for FHA, RD, and conventional financing, which may broaden financing options for qualified buyers. With the combination of recent interior updates and a duplex configuration, the building is a practical fit for buyers looking for a live-in-and-rent setup or an income-focused residential income property.

    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 $37.8k $13.80
    − Vacancy −$2.6k −$0.94
    EGI $35.2k $12.86
    − OpEx −$10.6k −$3.86
    NOI $24.7k $9.00
    2,740 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $352.3K
    $308.2K – $411.0K (±1% cap)
    NOI $24,658 @ 7.0% cap · market cap 5.26%
    Second Best
    Apartment 5plus
    $311.7K
    $272.7K – $363.6K (±1% cap)
    NOI $21,817 @ 7.0% cap · market cap 4.65%
    Theoretical Best
    Office A
    $735.5K
    $643.5K – $858.0K (±1% cap)
    NOI $51,482 @ 7.0% cap · market cap 10.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Washington
    State
    Arkansas
    Longitude
    -94.229437
    Latitude
    36.051133

    FAQs

    What type of property is this?
    Duplex - Duplex with open-concept layouts and recent interior updates, with one side currently occupied for immediate rental income.
    Where is this duplex located?
    The property is located at 246 & 248 E Anabranch Court Farmington, AR.
    What is the asking price?
    The asking price for this property is $468,900.
    What are key features of this property?
    This property features: 2018 brick ranch duplex with open‑concept layout; 6 bedrooms and 4 bathrooms across the duplex (bedrooms 1–6, bathrooms 1–4); New laminate flooring and fresh interior paint, plus updated fencing
    More about this property
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