Building Details

Year Built 1975

Buildings 1

Listing Agency: Burckart Real Estate

Listed By: Your NWA Home Group Show Phone

Source: Yournwahome

Added: Jul 31 Changed: Oct 15 Last Checked: Oct 14 at 10:53PM

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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 Burckart Real Estate

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Investment Insights

Based on property information with market context.

This duplex contains 2,720 square feet across two residential units, each arranged over two levels. The unit mix includes one two-bedroom residence with 1 1/2 bathrooms and one three-bedroom residence with 1 1/2 bathrooms. The property was built in 1975 and is located in Russellville, Arkansas.

The separate unit configuration supports distinct residential layouts within one multifamily property. Bedroom counts vary between the units, providing a straightforward mix for residential income ownership. Specific lease income is excluded from this summary.

Key Highlights

• 2,720‑square‑foot duplex
• Two separate residential units
• Unit mix includes two‑bedroom and three‑bedroom residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,203

Cap Rate

7.75%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$364,060 $364.1K

Cap Rate 7%

$260,043 $260.0K

Cap Rate 9%

$202,256 $202.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,720 SF

Gross rent

$27.7K $10.20/SF

− Vacancy

−$1.7K −$0.64/SF

EGI

$26.0K $9.56/SF

− OpEx

−$7.8K −$2.87/SF

NOI

$18.2K $6.69/SF

Area

Pope County, AR

Vacancy

6.27%

Lease Rate

$10.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$364,060

Cap Rate 7%

$260,043

Cap Rate 9%

$202,256

Alternative Uses

Best Use

Multifamily LT 5

$260.0K

$227.5K – $303.4K (±1% cap)

NOI $18,203 @ 7.0% cap · market cap 7.75%

Second Best

Apartment 5plus

$232.3K

$203.3K – $271.1K (±1% cap)

NOI $16,264 @ 7.0% cap · market cap 6.92%

Theoretical Best

Office A

$434.6K

$380.3K – $507.0K (±1% cap)

NOI $30,420 @ 7.0% cap · market cap 12.94%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

162

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Duplex - Two residential units provide separate layouts with two and three bedrooms, respectively.

Where is this duplex located?

The property is located at 319 W 19th St Russellville, AR.

What is the asking price?

The asking price for this property is $235,000.

What are key features of this property?

This property features: 2,720‑square‑foot duplex; Two separate residential units; Unit mix includes two‑bedroom and three‑bedroom residences