Updated Duplex With
2901 2903 E Sterling Court, Fayetteville, AR 72703
For Sale
$560,000
Residential, Fayetteville, AR
Property Size3,370 SF
Lot Size0.00 Acres
Price / SF$166.17
Days on Market104
Property Features for 2901 2903 E Sterling Court
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Fireplace
Appliances
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Sarah Deaton · License AR SA00067274
(479) 856-4770
Added: Aug 3
Changed: Nov 10
Last Checked: Nov 14 at 5:06AM
MLS# 1357573
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.
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Investment Insights
Based on property information with market context.
This Fayetteville duplex contains 3,370 square feet across two residences, with each side configured with three bedrooms and three bathrooms. The property was built in 2000 and includes garages, open parking, a concrete driveway, decks, central heating and cooling, and a fireplace. Interior finishes include carpet and vinyl flooring, while the kitchens are equipped with electric ranges, ovens, dishwashers, disposals, and water heaters using both electric and natural gas service.
Recent property improvements include a new roof, replacement fencing, updated landscaping, and new carpet. A connecting door between the garages provides access between the two residences while preserving separate living spaces. The property is served by public water and public sewer and is located in Fayetteville, Arkansas.
Recent property improvements include a new roof, replacement fencing, updated landscaping, and new carpet. A connecting door between the garages provides access between the two residences while preserving separate living spaces. The property is served by public water and public sewer and is located in Fayetteville, Arkansas.
Key Highlights
- Duplex with 3,370 square feet and two 3‑bedroom, 3‑bathroom residences
- Built in 2000 with garages, open parking, decks, and a concrete driveway
- Recent improvements include a new roof, new fencing, landscaping, and new carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,327
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,540
$606.5K
Cap Rate 7%
$433,243
$433.2K
Cap Rate 9%
$336,967
$337.0K
Market Conditions
NOI Build-Up for 3,370 SF
Gross rent
$46.5K $13.80/SF
− Vacancy
−$3.2K −$0.94/SF
EGI
$43.3K $12.86/SF
− OpEx
−$13.0K −$3.86/SF
NOI
$30.3K $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%
$606,540
Cap Rate 7%
$433,243
Cap Rate 9%
$336,967
Alternative Uses
Best Use
Multifamily LT 5
$433.2K
$379.1K – $505.5K
NOI $30,327 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$383.3K
$335.4K – $447.2K
NOI $26,833 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$904.6K
$791.5K – $1.06M
NOI $63,319 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
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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
$341,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fayetteville, AR
Properties on Market for Duplexes in Fayetteville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three bedrooms, three bathrooms, and separate living areas with connecting garage access.
Where is this duplex located?
The property is located at 2901 2903 E Sterling Court Fayetteville, AR.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Duplex with 3,370 square feet and two 3‑bedroom, 3‑bathroom residences; Built in 2000 with garages, open parking, decks, and a concrete driveway; Recent improvements include a new roof, new fencing, landscaping, and new carpet
