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Updated Duplex With Garage Access
New
For Sale
$599,000

2901 2903 E Sterling Court, Fayetteville, AR 72703

MULTI_FAMILY - Fayetteville, AR

Property Size3,370 SF
Lot Size0.00 Acres
Price / SF$177.74
Days on Market3

Property Features for 2901 2903 E Sterling Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking features Open, Garage
Patio and Porch features Deck
Exterior features ConcreteDriveway
Fireplace 1
Appliances Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, GasWaterHeater
Subdivision Sterling Est
Lot features Central Business District, Corner Lot, Cul De Sac, City Lot, Near Park, Subdivision
Elementary school district Fayetteville
Middle school district Fayetteville
High school district Fayetteville
Directions From I-49 northbound coming from rogers, take exit 69, turn right onto Wedington drive. Continue approximately 2.5 miles. Turn left onto crossover road, drive about .8 miles. Turn right onto rolling hills drive and take your first left onto sterling court and its the first duplex on your right as you enter the subdivision.
Standard status Active
APN 765-18651-000
Size 3,370 SF
Lot size 0.00 Acres

Taxes and HOA fees

Tax Description L12
Tax Annual Amount 2159
Legal Description L12

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2000
Floors in Building 2
Number of units 2
Flooring type Vinyl, Carpet
Building materials AluminumSiding
Roof type Shingle
Listing Agency: Collier & Associates
Listed By: Sarah Deaton · License #SA00067274
Added: Aug 3 Last Checked: Aug 5 at 6:06AM
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.

Investment Insights

Based on property information with market context.

Built in 2000, this 3,370-square-foot duplex includes two separate residences, each arranged with three bedrooms and three bathrooms. The property features aluminum siding, shingle roofing, vinyl and carpet flooring, central heating and cooling, fireplaces, decks, and garage parking. Recent improvements include a new roof, fencing, landscaping, and carpet. A connecting door between the garages provides access between the units while preserving their separate living arrangements.

The property is located on E Sterling Court in Fayetteville, Arkansas, with public water and public sewer service. Additional features include concrete driveway access, open parking, dishwashers, electric ovens, electric ranges, disposals, and both natural gas and electric water-heating equipment.

Key Highlights

  • 3,370‑square‑foot duplex with two separate residences
  • Each side includes 3 bedrooms and 3 bathrooms
  • Connecting door between the garages

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 $46.5k $13.80
− Vacancy −$3.2k −$0.94
EGI $43.3k $12.86
− OpEx −$13.0k −$3.86
NOI $30.3k $9.00
3,370 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$433.2K
$379.1K – $505.5K (±1% cap)
NOI $30,327 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$383.3K
$335.4K – $447.2K (±1% cap)
NOI $26,833 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$904.6K
$791.5K – $1.06M (±1% cap)
NOI $63,319 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Kitchen & Bath Showroom Grocery & Convenience Store Auto Repair Shop Locksmith (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

460
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers three bedrooms and three bathrooms, with separate living spaces and shared access between garages.
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 $599,000.
What are key features of this property?
This property features: 3,370‑square‑foot duplex with two separate residences; Each side includes 3 bedrooms and 3 bathrooms; Connecting door between the garages
More about this property
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