Two-Unit Duplex with
For Sale
$285,000
2507 Jill Circle A & B, Springdale, AR 72762
Two residential units offer attached garage parking and month-to-month tenancy arrangements.
Property Size1,952 SF
Price / SF$146
Days on Market66
Property Features for 2507 Jill Circle A & B
General Information
Standard status
Active
Size
1,952 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1975
Listing Agency:
Realty Concepts
Listed By:
Trent Ward · License #SA00060525
(479) 521-8970
Source:
Thebesthomeprice
Added: Aug 16
Changed: Oct 17
Last Checked: Oct 7 at 4:15PM
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 Realty Concepts
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Investment Insights
Based on property information with market context.
This duplex contains two separate residential units, each configured with 2 bedrooms and 1 bathroom. Both sides include an attached 1-car garage, providing dedicated parking and storage for occupants. The property encompasses 1,952 square feet and was built in 1975.
Both units are currently rented under month-to-month leases. Located in Springdale, Arkansas, the property is identified as a duplex and may appeal to buyers seeking a two-unit residential asset with existing tenancy and attached garage amenities.
Both units are currently rented under month-to-month leases. Located in Springdale, Arkansas, the property is identified as a duplex and may appeal to buyers seeking a two-unit residential asset with existing tenancy and attached garage amenities.
Key Highlights
- Two‑unit duplex with 1,952 square feet
- Each side has 2 bedrooms and 1 bathroom
- Attached 1‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,567
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,340
$351.3K
Cap Rate 7%
$250,957
$251.0K
Cap Rate 9%
$195,189
$195.2K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$26.9K $13.80/SF
− Vacancy
−$1.8K −$0.94/SF
EGI
$25.1K $12.86/SF
− OpEx
−$7.5K −$3.86/SF
NOI
$17.6K $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%
$351,340
Cap Rate 7%
$250,957
Cap Rate 9%
$195,189
Alternative Uses
Best Use
Multifamily LT 5
$251.0K
$219.6K – $292.8K
NOI $17,567 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$222.0K
$194.3K – $259.0K
NOI $15,542 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$523.9K
$458.5K – $611.3K
NOI $36,676 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 72762, AR
42,175
Population
17,270
Households
2.4
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
58.1 sq mi
ZIP Area
726
Density / Sq Mi
$80,678
Median Household Income
$42,066
Median Earnings
$1,118
Median Rent
$278,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer attached garage parking and month-to-month tenancy arrangements.
Where is this duplex located?
The property is located at 2507 Jill Circle A & B Springdale, AR.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,952 square feet; Each side has 2 bedrooms and 1 bathroom; Attached 1‑car garage for each unit
