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    Fayetteville Multifamily Property Near U of A Title is generated by Realmo AI

    3034 & 3036 W Mica Street, Fayetteville, AR 72704

    View on Map
    Claim this Listing
    Pending
    $485,900

    MULTI_FAMILY - Other - Fayetteville, AR

    Property size:
    2,988 SF
    Added:
    May 8, 2026
    Days on Market:
    60
    Last Refresh:
    Jul 6 at 1:06 am

    Property Features for 3034 & 3036 W Mica Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Garage, Open
    Window features
    Blinds
    Patio and Porch features
    Patio
    Interior features
    Attic, CeilingFans, EatInKitchen, Storage, WindowTreatments
    Exterior features
    ConcreteDriveway
    Fencing
    Privacy
    Appliances
    Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, MicrowaveHoodFan, Microwave, Refrigerator, SelfCleaningOven, Washer
    Standard status
    Pending
    APN
    765-18586-000
    Size
    2,988 SF

    Taxes and HOA fees

    Tax Description
    LOT 4 OF WOODBURY PLACE
    Tax Annual Amount
    3566

    Utilities

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

    Building Details

    Year built
    1994
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate, Tile, Carpet
    Building materials
    Brick, VinylSiding
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Contact an agent
    Mary Ann Wood

    Listing agent Mary Ann Wood License #SA00054571

    Listing office Lindsey & Associates Inc 1200 E Joyce Blvd, AR

    Listing date May 8, 2026

    MLS# 1346771 Listing URL

    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.

    HighLights

    • Great Location: Near U of A and shopping, walk to grocery.
    • Recently Remodeled.
    • Huge Deck and Backyard.
    • 3 Bedrooms, 2.5 Baths.
    • Includes Appliances: Refrigerator, Washer, Dryer, Dishwasher, Microwave, Range.
    • Central Heating and Cooling.

    Overview

    This multifamily property is located in close proximity to the University of Arkansas and shopping areas. The property has been recently remodeled and features a large deck and backyard. It includes 3 bedrooms, 2.5 baths, and a 1-car garage. Off-street parking is available. The property is within walking distance to a grocery store. The property size is 2988 square feet.

    Local 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 $41.2k $13.80
    − Vacancy −$2.8k −$0.94
    EGI $38.4k $12.86
    − OpEx −$11.5k −$3.86
    NOI $26.9k $9.00
    2,988 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $384.1K
    $336.1K – $448.2K (±1% cap)
    NOI $26,890 @ 7.0% cap · market cap 5.53%
    Second Best
    Apartment 5plus
    $339.9K
    $297.4K – $396.5K (±1% cap)
    NOI $23,791 @ 7.0% cap · market cap 4.90%
    Theoretical Best
    Office A
    $802.0K
    $701.8K – $935.7K (±1% cap)
    NOI $56,142 @ 7.0% cap · market cap 11.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Big Box & Wholesale Store Daycare Center Kitchen & Bath Showroom Department Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.206684
    Latitude
    36.080721

    FAQs

    What type of property is this?
    Duplex - Recently remodeled duplex with large deck and backyard near U of A.
    Where is this duplex located?
    The property is located at 3034 & 3036 W Mica Street Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $485,900.
    What are key features of this property?
    This property features: Great Location: Near U of A and shopping, walk to grocery.; Recently Remodeled.; Huge Deck and Backyard.
    More about this property
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