Duplex with Metal
For Sale
$285,000
305 Pittman Street, Prairie Grove, AR 72753
MULTI_FAMILY - Prairie Grove, AR
Property Size1,566 SF
Lot Size0.52 Acres
Price / SF$181.99
Days on Market52
Property Features for 305 Pittman Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
Parking features
Carport, Covered
Exterior features
ConcreteDriveway
Accessibility
Accessible Approach with Ramp
Appliances
ElectricWaterHeater
Subdivision
Debbie Add
Lot features
Central Business District, Level, Near Park
Elementary school district
Prairie Grove
Middle school district
Prairie Grove
High school district
Prairie Grove
Directions
Following 62 West, take a right on "sundowner road" across from the Dollar General and follow that around until it becomes Pittman. Keep going past the Frederick's One Stop & Harps Grocery Store. Home will be on your left.
Standard status
Active
APN
805-20144-000
Size
1,566 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Description
Lot 5 of the Debbie Addition Subdivision, Prairie Grove, Washington County, AR 72753
Tax Annual Amount
2013
Legal Description
Lot 5 of the Debbie Addition Subdivision, Prairie Grove, Washington County, AR 72753
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1994
Floors in Building
1
Number of units
2
Flooring type
Laminate, Carpet, Tile, Vinyl, Simulatedwood
Building materials
Brick
Roof type
Metal
Listing Agency:
eXp Realty NWA Branch
(866) 720-5056
Listed By:
Team Black and Gold
(479) 363-4331
Added: Jun 16
Changed: Aug 3
Last Checked: Aug 6 at 3:06AM
MLS# 1352249
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 on a 0.5187-acre lot offers two separate living units with carports that separate the units so there is no shared wall. The property is constructed with brick exterior materials and features a metal roof. Interior finishes include vinyl, laminate, simulated wood, carpet, and tile. Central heating and central air provide comfort throughout. An electric water heater is in place, and one unit has been mostly updated, including newer HVAC and a newer water heater.
The exterior includes concrete driveway elements and covered parking via carports. Accessibility is supported with an accessible approach ramp.
Built in 1994, the duplex is in good overall condition, with the opportunity for additional updates to further tailor it to an end user or investment plan.
The exterior includes concrete driveway elements and covered parking via carports. Accessibility is supported with an accessible approach ramp.
Built in 1994, the duplex is in good overall condition, with the opportunity for additional updates to further tailor it to an end user or investment plan.
Key Highlights
- Duplex with carports separating units so there is no shared wall
- 0.5187‑acre lot with concrete driveway and covered carport parking
- Metal roof and brick exterior construction
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 | $21.6k | $13.80 |
| − Vacancy | −$1.5k | −$0.94 |
| EGI | $20.1k | $12.86 |
| − OpEx | −$6.0k | −$3.86 |
| NOI | $14.1k | $9.00 |
1,566 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.3K
$176.2K – $234.9K
NOI $14,093 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$178.1K
$155.9K – $207.8K
NOI $12,469 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$420.3K
$367.8K – $490.4K
NOI $29,424 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 72753, AR
10,525
Population
4,078
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
92%
High-School Grad
89.2 sq mi
ZIP Area
118
Density / Sq Mi
$64,701
Median Household Income
$40,264
Median Earnings
$911
Median Rent
$227,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a 0.5187-acre lot with carports and central HVAC, including one unit with newer HVAC and water heater.
Where is this duplex located?
The property is located at 305 Pittman Street Prairie Grove, AR.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Duplex with carports separating units so there is no shared wall; 0.5187‑acre lot with concrete driveway and covered carport parking; Metal roof and brick exterior construction
