New Construction
New
For Sale
$489,950
311 & 313 NW 65th Avenue, Bentonville, AR 72713
Residential, Bentonville, AR
Property Size2,564 SF
Lot Size0.30 Acres
Price / SF$191.09
Days on Market4
Property Features for 311 & 313 NW 65th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Parking features
Garage, Open
Exterior features
ConcreteDriveway
Appliances
Dishwasher, ElectricRange, Disposal, GasWaterHeater, Microwave
Subdivision
Woodward Park Ph Ii Highfill
Lot features
Cleared, Level, Subdivision
Elementary school district
Bentonville
Middle school district
Bentonville
High school district
Bentonville
Directions
From I-49, West on Walton Blvd, left on SW Regionsl Airport Blvd, right on Vaughn, left on CR 566
Standard status
Active
APN
22-01392-000
Size
2,564 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Description
PLAT 5/12/2023 L202323536
Tax Annual Amount
4433
HOA Fee
$100 Annually
Legal Description
PLAT 5/12/2023 L202323536
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2025
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Masonite
Roof type
Shingle
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Brandon Still · License #SA00081991
(479) 236-2900
Added: Aug 27
Changed: Aug 28
Last Checked: Aug 30 at 12:06AM
MLS# 1360232
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 2025 duplex contains 2,564 square feet across two residential units, each arranged with three bedrooms, two bathrooms, and a one-car garage. The property is under construction and includes vinyl flooring, central heating and cooling, shingle roofing, Masonite exterior materials, and concrete driveways. Each unit is equipped with a dishwasher, electric range, disposal, microwave, and gas water heater.
Set on 0.3 acres in Bentonville, the property is located within the Bentonville School District. The address provides access to Downtown Bentonville, Crystal Bridges Museum, area dining and entertainment, the Walmart Home Office campus, regional mountain biking trails, and Northwest Arkansas National Airport. Open parking is also available in addition to the attached garage spaces.
Set on 0.3 acres in Bentonville, the property is located within the Bentonville School District. The address provides access to Downtown Bentonville, Crystal Bridges Museum, area dining and entertainment, the Walmart Home Office campus, regional mountain biking trails, and Northwest Arkansas National Airport. Open parking is also available in addition to the attached garage spaces.
Key Highlights
- 2025‑built duplex with 2,564 square feet
- Two units, each with 3 bedrooms, 2 bathrooms, and a 1‑car garage
- Located on 0.3 acres in Bentonville
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,404
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$468,080
$468.1K
Cap Rate 7%
$334,343
$334.3K
Cap Rate 9%
$260,044
$260.0K
Market Conditions
NOI Build-Up for 2,564 SF
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.
Gross rent
$35.4K $13.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$33.4K $13.04/SF
− OpEx
−$10.0K −$3.91/SF
NOI
$23.4K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$468,080
Cap Rate 7%
$334,343
Cap Rate 9%
$260,044
Alternative Uses
Best Use
Multifamily LT 5
$334.3K
$292.6K – $390.1K
NOI $23,404 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$298.3K
$261.0K – $348.1K
NOI $20,883 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$704.6K
$616.5K – $822.0K
NOI $49,322 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 72713, AR
25,076
Population
10,752
Households
2.3
Avg Household Size
31
Median Age
58%
College-Educated
97%
High-School Grad
48.5 sq mi
ZIP Area
517
Density / Sq Mi
$117,752
Median Household Income
$72,491
Median Earnings
$1,302
Median Rent
$355,000
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 - Two modern residential units offer private garages, contemporary finishes, and access to the Bentonville School District.
Where is this duplex located?
The property is located at 311 & 313 NW 65th Avenue Bentonville, AR.
What is the asking price?
The asking price for this property is $489,950.
What are key features of this property?
This property features: 2025‑built duplex with 2,564 square feet; Two units, each with 3 bedrooms, 2 bathrooms, and a 1‑car garage; Located on 0.3 acres in Bentonville
