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Duplex with Private Patios
New
For Sale
$625,000

2493 & 2495 N Jeremiah Place, Fayetteville, AR 72704

Residential, Fayetteville, AR

Property Size3,674 SF
Lot Size0.27 Acres
Price / SF$170.11
Days on Market5

Property Features for 2493 & 2495 N Jeremiah Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking features Garage, Open
Window features Vinyl Frames
Exterior features ConcreteDriveway
Fencing Fenced
Fireplace 1
Appliances GasWaterHeater
Subdivision Coyote Trail
Lot features Cul De Sac, City Lot, Level, Subdivision
Elementary school district Fayetteville
Middle school district Fayetteville
High school district Fayetteville
Directions From I-49 and exit 65, take exit 65 and turn west onto N Porter Road/NStephen Carr Blvd. In about 3/10 of a mile, turn right onto N. Shiloh Road. Turn left on Dean Solomon Road and then left on W. Emil Drive. Turn right onto N. Jeremiah Place and the unit will be at the end of the street on the left. No sign.
Standard status Active
APN 765-20624-000
Size 3,674 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description Lot 8, S-T-R 33-17-30
Tax Annual Amount 4280
Legal Description Lot 8, S-T-R 33-17-30

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2000
Floors in Building 1
Number of units 2
Flooring type Vinyl, Bamboo, Tile
Building materials Brick
Roof type Metal
Architectural style Other
Listing Agency: Collier & Associates
Listed By: Landra Bench · License #EB00057354
Added: Oct 24 Changed: Oct 27 Last Checked: Oct 28 at 7:06PM
MLS# 1365488

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2000, this 3,674-square-foot brick duplex contains two residences on a 0.2716-acre lot. The larger unit 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; its flooring and paint have been updated. Both units have separate outdoor areas, and the property also features a fenced yard, garage and open parking, and a concrete driveway.

Central natural gas heating and central air conditioning serve the property. Public water and sewer are available, and the roof is metal. The residence interiors include bamboo, vinyl, and tile flooring.

Key Highlights

  • 3,674‑square‑foot duplex on a 0.2716‑acre lot
  • Two units: one with 3 bedrooms and 2 bathrooms; the other with 2 bedrooms and 2 bathrooms
  • Larger unit includes two living areas and two patios

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 (±1% cap)
NOI $33,063 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$417.9K
$365.7K – $487.6K (±1% cap)
NOI $29,253 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$986.2K
$862.9K – $1.15M (±1% cap)
NOI $69,031 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer a mix of two- and three-bedroom layouts, each with its own outdoor area.
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 on a 0.2716‑acre lot; Two units: one with 3 bedrooms and 2 bathrooms; the other with 2 bedrooms and 2 bathrooms; Larger unit includes two living areas and two patios
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