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Two-Unit Duplex with Central HVAC

319 W 19th Street, Russellville, AR 72801

For Sale
$235,000

Residential, Russellville, AR

Property Size2,720 SF
Lot Size0.28 Acres
Price / SF$86.40
Days on Market105

Property Features for 319 W 19th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 5, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 3
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

Additional Details

Tenant in Place Yes

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 AR SA00076274
Added: Jul 29 Changed: Nov 10 Last Checked: Nov 10 at 9:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This duplex contains 2,720 square feet across two two-level residences at 319 and 321 W 19th Street. The 319 residence includes 2 bedrooms and 1 1/2 bathrooms, while the 321 residence provides 3 bedrooms and 2 1/2 bathrooms. Construction combines brick and Masonite siding, with vinyl flooring, central heating and central air conditioning, electric water heating, shingle and asphalt roofing, and a concrete driveway. The property was built in 1975 and includes assigned parking.

The duplex occupies a 0.2849-acre lot in Russellville, Arkansas. Its two-unit configuration and differing floor plans provide a clear physical layout for separate residential occupancy, with both residences arranged across two levels.

Key Highlights

  • 2,720‑square‑foot duplex with two residential units
  • Unit at 319 W 19th St has 2 bedrooms and 1 1/2 bathrooms
  • Unit at 321 W 19th St has 3 bedrooms and 2 1/2 bathrooms

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
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer distinct bedroom and bath configurations, assigned parking, and a concrete driveway.
Where is this duplex located?
The property is located at 319 W 19th Street 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 with two residential units; Unit at 319 W 19th St has 2 bedrooms and 1 1/2 bathrooms; Unit at 321 W 19th St has 3 bedrooms and 2 1/2 bathrooms
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