Search
Brick Duplex with Two-Level Units
New
For Sale
$225,000

319 19th Street, Russellville, AR 72801

MULTI_FAMILY - Russellville, AR

Property Size2,720 SF
Lot Size0.28 Acres
Price / SF$82.72
Days on Market3

Property Features for 319 19th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1
Parking features Assigned
Exterior features ConcreteDriveway
Appliances ElectricWaterHeater
Subdivision Carl Sullivan
Lot features Cleared, City Lot
Directions From Hwy 7 south (S Arkansas Avenue), turn west onto W 19th Street. Proceed west on 19th St and past S Commerce and before S El Paso. 319 and 321 W 19th St duplex is located on the left side of the street. Parking is behind the duplex.
Standard status Active
APN 926-00004-000R
Size 2,720 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description W 85FT LOT 2 CITY OF RUSSELLVILLE
Tax Annual Amount 990
Legal Description W 85FT LOT 2 CITY OF RUSSELLVILLE

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1975
Floors in Building 2
Number of units 2
Flooring type Vinyl
Building materials Brick, Masonite
Roof type Shingle, Asphalt
Listing Agency: Arkansas Real Estate Collective
Listed By: Jamie Dudley · License #SA00076274
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 2:06PM
MLS# 1357129

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 duplex consists of two attached units at 319 and 321 W 19th St in Russellville, AR. The property totals 2,720 square feet and was built in 1975. Both units are two-level layouts with central heating and central air, and include electric water heating. Interior finishes include vinyl flooring.

319 W 19th St provides 2 bedrooms and 1 1/2 bathrooms. 321 W 19th St provides 3 bedrooms and 1 1/2 bathrooms. Construction materials include brick and Masonite, and the roof is asphalt shingle. Exterior features include a concrete driveway, and parking is listed as assigned.

The duplex configuration and unit bedroom mix can support a variety of residential tenant needs within a compact footprint.

Key Highlights

  • 2,720 SF duplex built in 1975
  • 0.2849‑acre lot with concrete driveway
  • 319 W 19th St: 2 bedrooms, 1 1/2 baths, two‑level layout

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 $27.7k $10.20
− Vacancy −$1.7k −$0.64
EGI $26.0k $9.56
− OpEx −$7.8k −$2.87
NOI $18.2k $6.69
2,720 SF · lease $10.20/SF/yr · vacancy 6.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$260.0K
$227.5K – $303.4K (±1% cap)
NOI $18,203 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$232.3K
$203.3K – $271.1K (±1% cap)
NOI $16,264 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$434.6K
$380.3K – $507.0K (±1% cap)
NOI $30,420 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Spa & Massage Center Skin Care Clinic Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 72801, AR

18,510
Population
7,530
Households
2.5
Avg Household Size
29
Median Age
26%
College-Educated
82%
High-School Grad
8.0 sq mi
ZIP Area
2,314
Density / Sq Mi
$42,363
Median Household Income
$22,473
Median Earnings
$837
Median Rent
$153,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two-level living, central heating and central air, and assigned parking on a 0.2849-acre lot.
Where is this duplex located?
The property is located at 319 19th Street Russellville, AR.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2,720 SF duplex built in 1975; 0.2849‑acre lot with concrete driveway; 319 W 19th St: 2 bedrooms, 1 1/2 baths, two‑level layout
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message