Two-Unit Duplex Investment
27 Martin Luther King Jr Boulevard Fayetteville, AR 72701
For Sale
$279,000
MULTI_FAMILY - Fayetteville, AR
Property Size1,624 SF
Lot Size0.26 Acres
Price / SF$171.80
Days on Market72
Property Features for 27 Martin Luther King Jr Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 1
Parking features
Garage, Parking Lot, Driveway
Security features
Security
Appliances
GasWaterHeater
Standard status
Active
APN
765-07054-000
Size
1,624 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Description
EAST 30 FT LOT 4 WEST 45 FT LOT 5 BL 7 ALSO PT ALLEY (7 X 75)
Tax Annual Amount
1960
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1926
Floors in Building
1
Number of units
2
Building materials
WoodSiding
Roof type
Metal
Listing Agency:
Local Living Real Estate
(479) 737-4422
Listed By:
Laycee Maupin · License #SA00089382
(479) 276-5308
Added: May 20
Changed: Jul 18
Last Checked: Jul 30 at 4:06AM
MLS# 1348136
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.
Investment Insights
Based on property information with market context.
This duplex features two separate residential units, each with two bedrooms and one bathroom. The property also includes a detached garage that can provide on-site storage and may support future utility depending on a buyer’s plans. The seller is offering the home as-is, where-is, with no seller property disclosure provided since the seller has never occupied the property.
The property is located at 27 Martin Luther King Jr Boulevard in Fayetteville, Arkansas, within Washington County. The listing describes convenient proximity to shopping, dining, and the University of Arkansas, as well as access to the broader Fayetteville area.
With a straightforward two-unit layout, this property may appeal to buyers seeking a small residential income asset. Each unit’s similar bedroom and bath configuration can simplify property management and leasing considerations, while the detached garage adds practical space for storage. Buyers should review the as-is condition and confirm details during due diligence.
The property is located at 27 Martin Luther King Jr Boulevard in Fayetteville, Arkansas, within Washington County. The listing describes convenient proximity to shopping, dining, and the University of Arkansas, as well as access to the broader Fayetteville area.
With a straightforward two-unit layout, this property may appeal to buyers seeking a small residential income asset. Each unit’s similar bedroom and bath configuration can simplify property management and leasing considerations, while the detached garage adds practical space for storage. Buyers should review the as-is condition and confirm details during due diligence.
Key Highlights
- Duplex in Fayetteville on MLK with two units, each featuring 2 bedrooms and 1 bathroom
- Detached garage plus driveway and parking lot parking
- Metal roof; wood siding exterior
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.4k | $13.80 |
| − Vacancy | −$1.5k | −$0.94 |
| EGI | $20.9k | $12.86 |
| − OpEx | −$6.3k | −$3.86 |
| NOI | $14.6k | $9.00 |
1,624 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$208.8K
$182.7K – $243.6K
NOI $14,615 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$184.7K
$161.6K – $215.5K
NOI $12,931 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$435.9K
$381.4K – $508.6K
NOI $30,514 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units plus a detached garage, sold as-is for income-focused buyers.
Where is this duplex located?
The property is located at 27 Martin Luther King Jr Boulevard Fayetteville, AR.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Duplex in Fayetteville on MLK with two units, each featuring 2 bedrooms and 1 bathroom; Detached garage plus driveway and parking lot parking; Metal roof; wood siding exterior
