Two-Story Duplex with Fenced
New
For Sale
$449,000
3062 and 3064 Mica Street, Fayetteville, AR 72704
Residential, Fayetteville, AR
Property Size2,988 SF
Lot Size0.26 Acres
Price / SF$150.27
Days on Market2
Property Features for 3062 and 3064 Mica Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Garage, On Street, Open
Patio and Porch features
Patio
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
Dryer, Dishwasher, ElectricRange, Disposal, GasWaterHeater, Refrigerator, RangeHood, Washer
Subdivision
Woodbury Place
Lot features
Central Business District, Cul De Sac, Subdivision
Elementary school district
Fayetteville
Middle school district
Fayetteville
High school district
Fayetteville
Directions
I49, west on Wedington, North on Salem, Right on Mica. unit on left.
Standard status
Active
APN
765-18584-000
Size
2,988 SF
Lot size
0.26 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
Lot 2
Tax Annual Amount
3063
Legal Description
Lot 2
Utilities
Heating system
Central
Cooling system
Electric, Central Air
Amenities
concrete patio
privacy fenced back yard
green space
laundry room
Building Details
Year built
1994
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
VinylSiding
Roof type
Shingle
Buildings
1
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Ellen Mitchell · License #SA00057370
(479) 644-4612
Added: Nov 3
Last Checked: Nov 4 at 8:06AM
MLS# 1366738
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 two-story duplex contains 2,988 square feet across two residences on a 0.2615-acre parcel. Each side has three bedrooms and two full bathrooms upstairs, including a bedroom with an ensuite bath and two bedrooms sharing a Jack-and-Jill bathroom. Laundry is also located upstairs. The first floor provides a dine-in kitchen, living room, and half bath. Sliding doors open to concrete patios and privacy-fenced backyards, with green space and shade trees behind both units. The property was built in 1994. One unit has been remodeled recently, and the other was remodeled about a year ago.
The duplex is near shopping and restaurants, with a bike trail one block away on Salem Road. Two University of Arkansas Brown Route bus stops are within walking distance; IAMS Dog Park and Bryce Davis Trail and Park are a couple of blocks away.
The duplex is near shopping and restaurants, with a bike trail one block away on Salem Road. Two University of Arkansas Brown Route bus stops are within walking distance; IAMS Dog Park and Bryce Davis Trail and Park are a couple of blocks away.
Key Highlights
- Two residences, each with 3 bedrooms, 2 full bathrooms, and an upstairs laundry room
- 2,988 square feet on a 0.2615‑acre lot
- Each unit includes a dine‑in kitchen, living room, and half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,890
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,800
$537.8K
Cap Rate 7%
$384,143
$384.1K
Cap Rate 9%
$298,778
$298.8K
Market Conditions
NOI Build-Up for 2,988 SF
Gross rent
$41.2K $13.80/SF
− Vacancy
−$2.8K −$0.94/SF
EGI
$38.4K $12.86/SF
− OpEx
−$11.5K −$3.86/SF
NOI
$26.9K $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%
$537,800
Cap Rate 7%
$384,143
Cap Rate 9%
$298,778
Alternative Uses
Best Use
Multifamily LT 5
$384.1K
$336.1K – $448.2K
NOI $26,890 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$339.9K
$297.4K – $396.5K
NOI $23,791 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$802.0K
$701.8K – $935.7K
NOI $56,142 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
Demographics for 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, a dine-in kitchen, upstairs laundry, and a private patio.
Where is this duplex located?
The property is located at 3062 and 3064 Mica Street Fayetteville, AR.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms, 2 full bathrooms, and an upstairs laundry room; 2,988 square feet on a 0.2615‑acre lot; Each unit includes a dine‑in kitchen, living room, and half bath
