Two-Unit Duplex with Private
New
For Sale
$625,000
2493 & 2495 N Jeremiah Place, Fayetteville, AR 72704
Two distinct floor plans include separate outdoor spaces, with one unit offering two living areas.
Property Size3,674 SF
Price / SF$170.11
Days on Market3
Property Features for 2493 & 2495 N Jeremiah Place
General Information
Standard status
Active
Size
3,674 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2000
Listing Agency:
Moses Tucker Partners-Bentonville Branch
(479) 271-6118
Listed By:
Brooke Hernandez
(479) 366-0149
Source:
District3
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 28 at 8:14AM
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 Moses Tucker Partners-Bentonville Branch
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Investment Insights
Based on property information with market context.
Built in 2000, this duplex contains 3,674 square feet across two units. The larger residence has three bedrooms, two bathrooms, two living areas, a kitchen, and two patios. The second unit includes two bedrooms, two bathrooms, a kitchen, and a back patio. Flooring and paint have been updated in the smaller unit.
The property is at 2493 & 2495 N Jeremiah Place in Fayetteville, Arkansas. Both units have their own outdoor areas, and the address is situated at the end of a cul-de-sac.
The property is at 2493 & 2495 N Jeremiah Place in Fayetteville, Arkansas. Both units have their own outdoor areas, and the address is situated at the end of a cul-de-sac.
Key Highlights
- 3,674‑square‑foot duplex with two separate units
- Larger unit: 3 bedrooms, 2 baths, 2 living areas, kitchen, and two patios
- Smaller unit: 2 bedrooms, 2 baths, kitchen, and back patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,063
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,260
$661.3K
Cap Rate 7%
$472,329
$472.3K
Cap Rate 9%
$367,367
$367.4K
Market Conditions
NOI Build-Up for 3,674 SF
Gross rent
$50.7K $13.80/SF
− Vacancy
−$3.5K −$0.94/SF
EGI
$47.2K $12.86/SF
− OpEx
−$14.2K −$3.86/SF
NOI
$33.1K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,260
Cap Rate 7%
$472,329
Cap Rate 9%
$367,367
Alternative Uses
Best Use
Multifamily LT 5
$472.3K
$413.3K – $551.1K
NOI $33,063 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$417.9K
$365.7K – $487.6K
NOI $29,253 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$986.2K
$862.9K – $1.15M
NOI $69,031 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
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Business Placement
Demographics for 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
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 distinct floor plans include separate outdoor spaces, with one unit offering two living areas.
Where is this duplex located?
The property is located at 2493 & 2495 N Jeremiah Place Fayetteville, AR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 3,674‑square‑foot duplex with two separate units; Larger unit: 3 bedrooms, 2 baths, 2 living areas, kitchen, and two patios; Smaller unit: 2 bedrooms, 2 baths, kitchen, and back patio
