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Rehabilitated Fourplex with Garages
For Sale
$875,000
Pending

2670 N Valencia Avenue, Fayetteville, AR 72703

Four separately metered residences feature private entrances, attached garages, and recently updated interiors.

Property Size4,628 SF
Days on Market324

Property Features for 2670 N Valencia Avenue

General Information

Standard status Pending
Size 4,628 SF
Property subtype Multi Family
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 3BR/2BA
Multifamily Units 4
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $5,974

Amenities

attached garages

Building Details

Year Built 2008
Construction brick and concrete-siding
Listing Agency: RE/MAX Associates, LLC
Listed By: The Moldenhauer Group
Source: Exitrealty
Added: Oct 15, 2025 Changed: Sep 2 Last Checked: Sep 2 at 3:26PM

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 RE/MAX Associates, LLC

Investment Insights

Based on property information with market context.

This 4,628 SF quadplex contains four 3BR/2BA residences, each with a private entrance and attached 1-car garage. The units have separately metered utilities, brick and concrete-siding exteriors, and layouts suited to three-bedroom occupancy. All four residences underwent complete rehabilitation within the past year, and each includes a new A/C system.

Built in 2008, the property is fully leased and has a documented rental history with low vacancy. It is located at 2670 N Valencia Avenue in Fayetteville, near the University of Arkansas, I-49, Dickson Street, retail and grocery options, cafés, parks, greenway trails, major corridors, and transit.

Key Highlights

  • Four 3BR/2BA/1‑car garage units within a 4,628 SF quadplex
  • All four residences completely rehabilitated within the past year
  • New A/C systems installed in every unit

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,649
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.76%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$832,980 $833.0K
Cap Rate 7%
$594,986 $595.0K
Cap Rate 9%
$462,767 $462.8K
Market Conditions
NOI Build-Up for 4,628 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.9K $13.80/SF
− Vacancy
−$4.4K −$0.94/SF
EGI
$59.5K $12.86/SF
− OpEx
−$17.8K −$3.86/SF
NOI
$41.6K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$832,980
Cap Rate 7%
$594,986
Cap Rate 9%
$462,767

Alternative Uses

Best Use
Multifamily LT 5
$595.0K
$520.6K – $694.2K (±1% cap)
NOI $41,649 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$526.4K
$460.6K – $614.2K (±1% cap)
NOI $36,849 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,956 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered residences feature private entrances, attached garages, and recently updated interiors.
Where is this quadplex located?
The property is located at 2670 N Valencia Avenue Fayetteville, AR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Four 3BR/2BA/1‑car garage units within a 4,628 SF quadplex; All four residences completely rehabilitated within the past year; New A/C systems installed in every unit
More about this property
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