Brick Duplex with Attached
New
For Sale
$355,000
Pending
2642 Braxton Ave, Springdale, AR 72764
Two residential units offer separate living areas and private fenced outdoor space.
Property Size2,982 SF
Lot Size0.35 Acres
Days on Market7
Property Features for 2642 Braxton Ave
General Information
Standard status
Pending
Size
2,982 SF
Lot size
0.35 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
attached garage parking
privacy-fenced outdoor area
Building Details
Year Built
1994
Buildings
1
Construction
brick/masonry
Listing Agency:
Fathom Realty
(479) 903-6316
Listed By:
SoHo NWA brokered by EXP Realty
(479) 871-9227
Source:
Sohonwa
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 12 at 7:52PM
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 Fathom Realty
Investment Insights
Based on property information with market context.
This duplex contains 2,982 square feet across two units, with attached garage parking and fenced outdoor areas. Brick and masonry construction, along with central HVAC, serves both residences. The property occupies a 0.35-acre lot and was built in 1994.
Located in Springdale, the property is in an established residential area near shopping, dining, schools, employment, and major Northwest Arkansas routes.
Located in Springdale, the property is in an established residential area near shopping, dining, schools, employment, and major Northwest Arkansas routes.
Key Highlights
- 2,982‑square‑foot duplex on a 0.35‑acre lot
- Two units with attached garage parking
- Brick and masonry construction with central HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,836
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,720
$536.7K
Cap Rate 7%
$383,371
$383.4K
Cap Rate 9%
$298,178
$298.2K
Market Conditions
NOI Build-Up for 2,982 SF
Gross rent
$41.2K $13.80/SF
− Vacancy
−$2.8K −$0.94/SF
EGI
$38.3K $12.86/SF
− OpEx
−$11.5K −$3.86/SF
NOI
$26.8K $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%
$536,720
Cap Rate 7%
$383,371
Cap Rate 9%
$298,178
Alternative Uses
Best Use
Multifamily LT 5
$383.4K
$335.5K – $447.3K
NOI $26,836 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$339.2K
$296.8K – $395.7K
NOI $23,743 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$800.4K
$700.4K – $933.8K
NOI $56,029 @ 7.0% cap · market cap 15.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Demographics for 72764, AR
60,786
Population
20,781
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
72%
High-School Grad
66.2 sq mi
ZIP Area
918
Density / Sq Mi
$61,569
Median Household Income
$34,552
Median Earnings
$984
Median Rent
$226,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate living areas and private fenced outdoor space.
Where is this duplex located?
The property is located at 2642 Braxton Ave Springdale, AR.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 2,982‑square‑foot duplex on a 0.35‑acre lot; Two units with attached garage parking; Brick and masonry construction with central HVAC
