Fayetteville Duplex Investment
3115 and 3117 N Old Missouri Road, Fayetteville, AR 72703
Duplex near Greenway Trail, ideal for investment or owner-occupancy.
Type:Multi Family
Property size:
1,989 SFPrice / SF:
$163/SF- Added:
- Jan 31, 2026
- Days on Market:
- 123
- Last Refresh:
- Apr 8 at 1:06 am
Property Features for 3115 and 3117 N Old Missouri Road
General Information
- Standard status
- Active
- Size
- 1,989 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1980
Listing agent Ryan Hill License #PB00061501 (479) 422-2935
Listing office The Virtual Realty Group (479) 422-2935
Listing date Jan 31, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Virtual Realty Group
HighLights
- Highly desirable location near Rolling Hills, directly across from Butterfield Elementary School.
- Excellent investment opportunity with potential for increased rental income.
- Easy access to Razorback Greenway Trail, shopping, dining, mall, Walmart, Target and I‑49 (all less than 5 minutes away).
- One unit (3117) is fully remodeled and currently tenant occupied.
- Opportunity to live in one unit (3115) while renting out the other (3117).
- Property features a creek along the back, providing a serene natural backdrop.
Overview
This property presents an investment opportunity in East Fayetteville, located off Rolling Hills on Old Missouri Road, directly across from Butterfield Elementary School. The location provides access to the Razorback Greenway Trail within a 3-minute bike ride, with shopping, dining, the mall, Walmart, Target, and I-49 all less than 5 minutes away. The property consists of two units, each featuring 2 bedrooms and 1 bathroom, along with a fenced backyard. One unit has been fully remodeled within the last 3 years and is currently tenant-occupied on a month-to-month lease. The other unit has not been remodeled, is vacant, and could be remodeled. The property is 1989 square feet. A creek runs along the back of the property. Current rental income is $1200 for the occupied unit, with potential for increased rental income for both units.
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 | $27.4k | $13.80 |
| − Vacancy | −$1.9k | −$0.94 |
| EGI | $25.6k | $12.86 |
| − OpEx | −$7.7k | −$3.86 |
| NOI | $17.9k | $9.00 |
1,989 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$255.7K
$223.8K – $298.3K
NOI $17,900 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$226.2K
$198.0K – $264.0K
NOI $15,837 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$533.9K
$467.2K – $622.9K
NOI $37,372 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.1337081
- Latitude
- 36.1077167
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex near Greenway Trail, ideal for investment or owner-occupancy.
Where is this duplex located?
The property is located at 3115 and 3117 N Old Missouri Road Fayetteville, AR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Highly desirable location near Rolling Hills, directly across from Butterfield Elementary School.; Excellent investment opportunity with potential for increased rental income.; Easy access to Razorback Greenway Trail, shopping, dining, mall, Walmart, Target and I‑49 (all less than 5 minutes away).
