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Duplex Investment Property
For Sale
$200,000

3 E Laramie Drive, Sherwood, AR 72120

Duplex with two bedrooms and one full bath per side, built in 1971, in Sherwood with long-term tenants.

Property SizeContact for details
Days on Market17

Property Features for 3 E Laramie Drive

General Information

Standard status Active
Property subtype Multi Family Home

Building Details

Year Built 1971
Tenancy Multi
Listing Agency: Realty One Group - Pinnacle
Listed By: Laura Osborne
Source: Jcthornton
Added: Jul 22 Changed: Jul 30 Last Checked: Aug 4 at 2:17PM

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 Realty One Group - Pinnacle

Investment Insights

Based on property information with market context.

This duplex offers a straightforward two-unit layout with two bedrooms and one full bath per unit. Both sides are described as well-maintained, and the floor plans are designed for functional, low-maintenance living. The property has a history of long-term tenancy that has supported steady, reliable rental income.

The owner provides lawn care, while tenants are responsible for all utility payments, which helps keep the owner’s overhead predictable. The property was built in 1971 and is located at 3 E Laramie Drive in Sherwood, Arkansas.

With separate residential units and a property management approach that includes lawn care by the owner and utilities paid by tenants, this duplex can fit buyers seeking an income-producing residential investment with an established tenant history.

Key Highlights

  • Duplex with two bedrooms and one full bath per unit
  • Long‑term tenants with a history of steady, reliable income
  • Owner provides lawn care

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Furniture & Home Goods Electrical Service Grocery & Convenience 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

358
Businesses Nearby

Demographics for 72120, AR

34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Duplex with two bedrooms and one full bath per side, built in 1971, in Sherwood with long-term tenants.
Where is this duplex located?
The property is located at 3 E Laramie Drive Sherwood, AR.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Duplex with two bedrooms and one full bath per unit; Long‑term tenants with a history of steady, reliable income; Owner provides lawn care
More about this property
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