Fourplex with Attached
2624 N Valencia Avenue #1-#4, Fayetteville, AR 72703
For Sale
$749,000
Four separately accessed residences include dedicated garages and individually metered utilities.
Property Size4,424 SF
Price / SF$169.30
Days on Market68
Property Features for 2624 N Valencia Avenue #1-#4
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Site & Location
Highway Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
private entrance
Building Details
Year Built
Buildings
Construction
Listing Agency:
1 Percent Lists Arkansas Real Estate
(479) 445-9389
Listed By:
Kimberly Wilichowski · License #PB00073242
(479) 531-6154
Source:
Hangerpropertygroup
Added: Sep 1
Changed: Nov 6
Last Checked: Nov 7 at 8:05AM
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 1 Percent Lists Arkansas Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2007, this fourplex contains four 3-bedroom, 2-bath residences, each with a private entrance and attached 1-car garage. The building has a brick and concrete-siding exterior, and utilities are separately metered. All four units are occupied.
The property is in Fayetteville, 2.5 miles from the University of Arkansas, with access to I-49. Dickson Street, shopping, dining, parks, public transit, and the Razorback Greenway trail network are also identified in the surrounding area.
The property is in Fayetteville, 2.5 miles from the University of Arkansas, with access to I-49. Dickson Street, shopping, dining, parks, public transit, and the Razorback Greenway trail network are also identified in the surrounding area.
Key Highlights
- Four 3‑bedroom, 2‑bath units
- Attached 1‑car garage for each residence
- All four units occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,813
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,260
$796.3K
Cap Rate 7%
$568,757
$568.8K
Cap Rate 9%
$442,367
$442.4K
Market Conditions
NOI Build-Up for 4,424 SF
Gross rent
$61.1K $13.80/SF
− Vacancy
−$4.2K −$0.94/SF
EGI
$56.9K $12.86/SF
− OpEx
−$17.1K −$3.86/SF
NOI
$39.8K $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%
$796,260
Cap Rate 7%
$568,757
Cap Rate 9%
$442,367
Alternative Uses
Best Use
Multifamily LT 5
$568.8K
$497.7K – $663.6K
NOI $39,813 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$503.2K
$440.3K – $587.1K
NOI $35,225 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,123 @ 7.0% cap · market cap 11.10%
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
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,182
Businesses Nearby
Explore this area
Business Placement
Demographics for 72703, AR
33,767
Population
17,202
Households
2
Avg Household Size
33
Median Age
49%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
840
Density / Sq Mi
$60,232
Median Household Income
$39,190
Median Earnings
$958
Median Rent
$341,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Washington County, AR
Properties on Market for Quadplexes in Washington County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separately accessed residences include dedicated garages and individually metered utilities.
Where is this quadplex located?
The property is located at 2624 N Valencia Avenue #1-#4 Fayetteville, AR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Four 3‑bedroom, 2‑bath units; Attached 1‑car garage for each residence; All four units occupied
