Renovated
For Sale
$630,000
3215 Cardinal Creek Circle #A & B, Bentonville, AR 72712
Both residences are occupied and feature updated interiors, kitchens, bathrooms, and major building systems.
Property Size3,080 SF
Lot Size0.62 Acres
Price / SF$204.55
Days on Market44
Property Features for 3215 Cardinal Creek Circle #A & B
General Information
Standard status
Active
Size
3,080 SF
Lot size
0.62 Acres
Property subtype
Multi Family Home
Occupancy
100%
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,822
Amenities
green space
fireplaces
deck
Concrete Driveway
Building Details
Building Size
3,080 SF
Year Built
1992
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Better Homes and Gardens Real Estate Journey
(479) 251-7800
Listed By:
Heath Hale · License #SA00089900
(479) 305-2179
Source:
Beaverlakerealty
Added: Sep 24
Changed: Nov 3
Last Checked: Nov 5 at 4:55AM
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 Better Homes and Gardens Real Estate Journey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Bentonville duplex contains two 3-bedroom, 2.5-bath residences, each measuring 1,540 square feet. Interior work includes luxury vinyl plank flooring, recessed lighting, updated electrical and fixtures, refinished fireplaces, and refreshed kitchens and bathrooms. The property occupies a 0.62-acre parcel with green space and paved parking.
Capital improvements include a roof installed in 2025, a 2025 HVAC replacement and new deck at Unit B, and a driveway drainage system completed in 2024. Both units are tenant-occupied.
Capital improvements include a roof installed in 2025, a 2025 HVAC replacement and new deck at Unit B, and a driveway drainage system completed in 2024. Both units are tenant-occupied.
Key Highlights
- Two 3‑bedroom, 2.5‑bath units, each with 1,540 square feet
- 0.62‑acre lot with green space and paved parking
- Tenant‑occupied residences with renovated kitchens, bathrooms, flooring, lighting, and electrical
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,113
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,260
$562.3K
Cap Rate 7%
$401,614
$401.6K
Cap Rate 9%
$312,367
$312.4K
Market Conditions
NOI Build-Up for 3,080 SF
Gross rent
$42.5K $13.80/SF
− Vacancy
−$2.3K −$0.76/SF
EGI
$40.2K $13.04/SF
− OpEx
−$12.0K −$3.91/SF
NOI
$28.1K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,260
Cap Rate 7%
$401,614
Cap Rate 9%
$312,367
Alternative Uses
Best Use
Multifamily LT 5
$401.6K
$351.4K – $468.6K
NOI $28,113 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$358.4K
$313.6K – $418.1K
NOI $25,085 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$846.4K
$740.6K – $987.5K
NOI $59,248 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and feature updated interiors, kitchens, bathrooms, and major building systems.
Where is this duplex located?
The property is located at 3215 Cardinal Creek Circle #A & B Bentonville, AR.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2.5‑bath units, each with 1,540 square feet; 0.62‑acre lot with green space and paved parking; Tenant‑occupied residences with renovated kitchens, bathrooms, flooring, lighting, and electrical
