Brick Duplex with Two-Bedroom
For Sale
$149,000
308 GANNT St, Marion, AR 72364
Duplexes, Traditional, Marion, AR
Property Size1,800 SF
Price / SF$82.78
Days on Market43
Property Features for 308 GANNT St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
Subdivision
GANNT LANE SEC/
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
1
Amenities
covered front porch
Building Details
Year built
1989
Architectural style
Other
Listing Agency:
Integrated Assets
(901) 820-4585
Listed By:
Glenn McDonald · License ##267657
(901) 289-1374
Added: Sep 4
Changed: Oct 15
Last Checked: Oct 16 at 11:06AM
MLS# 10229834
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1989 brick duplex contains approximately 1,800 SF across two separate units, each with two bedrooms, one bathroom, a kitchen, and a living room. Property features include a covered front porch, thermal windows, a newer roof, updated flooring, and updated light fixtures. HVAC equipment and water heaters need replacement; cleanup, minor paint work, and rear-yard maintenance are also noted.
The property is in Marion, near I-40 and I-55. A Buc-ee’s development is planned nearby.
The property is in Marion, near I-40 and I-55. A Buc-ee’s development is planned nearby.
Key Highlights
- Approximately 1,800 SF with two separate 2‑bedroom, 1‑bathroom units
- Brick exterior and covered front porch
- Newer roof and thermal windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,069
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,380
$201.4K
Cap Rate 7%
$143,843
$143.8K
Cap Rate 9%
$111,878
$111.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$16.2K $9.00/SF
− Vacancy
−$1.8K −$1.01/SF
EGI
$14.4K $7.99/SF
− OpEx
−$4.3K −$2.40/SF
NOI
$10.1K $5.59/SF
Area
Crittenden County, AR
Vacancy
11.21%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,380
Cap Rate 7%
$143,843
Cap Rate 9%
$111,878
Alternative Uses
Best Use
Multifamily LT 5
$143.8K
$125.9K – $167.8K
NOI $10,069 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$131.7K
$115.3K – $153.7K
NOI $9,221 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$329.2K
$288.0K – $384.1K
NOI $23,043 @ 7.0% cap · market cap 15.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
Demographics for 72364, AR
16,394
Population
6,415
Households
2.6
Avg Household Size
36
Median Age
23%
College-Educated
90%
High-School Grad
80.0 sq mi
ZIP Area
205
Density / Sq Mi
$76,118
Median Household Income
$46,529
Median Earnings
$1,025
Median Rent
$206,400
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 has a kitchen, living room, and one bathroom.
Where is this duplex located?
The property is located at 308 GANNT St Marion, AR.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Approximately 1,800 SF with two separate 2‑bedroom, 1‑bathroom units; Brick exterior and covered front porch; Newer roof and thermal windows
