Duplex with Covered
For Sale
$444,879
3153-3155 Old Missouri Rd, Fayetteville, AR 72703
Two residential units offer separate fenced yards, substantial living areas, and included laundry and kitchen appliances.
Property Size2,824 SF
Price / SF$157.54
Days on Market57
Property Features for 3153-3155 Old Missouri Rd
General Information
Standard status
Active
Size
2,824 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
covered back decks
separate fenced yards
washer
dryer
refrigerator
Building Details
Year Built
1976
Buildings
1
Listing Agency:
Mission House Real Estate
Listed By:
Jon Pianalto · License #SA00098230
(479) 200-2204
Source:
Thebesthomeprice
Added: Aug 28
Changed: Oct 6
Last Checked: Oct 7 at 1:20PM
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 Mission House Real Estate
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Investment Insights
Based on property information with market context.
This 2,824-square-foot duplex contains two separately configured residences, each with three bedrooms, one bathroom, spacious living areas, a covered rear deck, and its own fenced yard. Washers, dryers, and refrigerators convey with both units, providing an established residential setup. The property was built in 1976 and has received several recent system updates, including a replacement roof and unit-specific HVAC and water-heater improvements.
Located at 3153-3155 Old Missouri Road in Fayetteville, the property is minutes from the University of Arkansas and I-49. Unit 3155 received a new HVAC system and hot water heater in January 2022, while unit 3153 has a two-year-old water heater. The two-unit configuration supports separate occupancy and includes outdoor space for each residence.
Located at 3153-3155 Old Missouri Road in Fayetteville, the property is minutes from the University of Arkansas and I-49. Unit 3155 received a new HVAC system and hot water heater in January 2022, while unit 3153 has a two-year-old water heater. The two-unit configuration supports separate occupancy and includes outdoor space for each residence.
Key Highlights
- 2,824‑square‑foot duplex with two 3‑bed/1‑bath units
- Covered back decks and separate fenced yards for both units
- New roof installed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,414
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,280
$508.3K
Cap Rate 7%
$363,057
$363.1K
Cap Rate 9%
$282,378
$282.4K
Market Conditions
NOI Build-Up for 2,824 SF
Gross rent
$39.0K $13.80/SF
− Vacancy
−$2.7K −$0.94/SF
EGI
$36.3K $12.86/SF
− OpEx
−$10.9K −$3.86/SF
NOI
$25.4K $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%
$508,280
Cap Rate 7%
$363,057
Cap Rate 9%
$282,378
Alternative Uses
Best Use
Multifamily LT 5
$363.1K
$317.7K – $423.6K
NOI $25,414 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$321.2K
$281.1K – $374.8K
NOI $22,485 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$758.0K
$663.3K – $884.3K
NOI $53,060 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
Business Placement
Demographics for 72703, AR
33,767
Population
17,202
Households
2
Avg Household Size
33
Median Age
49%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
840
Density / Sq Mi
$60,232
Median Household Income
$39,190
Median Earnings
$958
Median Rent
$341,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate fenced yards, substantial living areas, and included laundry and kitchen appliances.
Where is this duplex located?
The property is located at 3153-3155 Old Missouri Rd Fayetteville, AR.
What is the asking price?
The asking price for this property is $444,879.
What are key features of this property?
This property features: 2,824‑square‑foot duplex with two 3‑bed/1‑bath units; Covered back decks and separate fenced yards for both units; New roof installed in 2021
