Two-Unit Duplex with Updated
For Sale
$159,000
324 GANNTS St, Marion, AR 72364
Duplexes, Traditional, Marion, AR
Property Size1,798 SF
Price / SF$88.43
Days on Market48
Property Features for 324 GANNTS St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
Subdivision
GANNT LANE SEC/
Standard status
Active
Size
1,798 SF
Taxes and HOA fees
Tax Annual Amount
1
Building Details
Year built
1989
Architectural style
Other
Listing Agency:
Integrated Assets
(901) 820-4585
Listed By:
Glenn McDonald
(901) 289-1374
Added: Sep 3
Changed: Oct 15
Last Checked: Oct 20 at 4:06AM
MLS# 10229718
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This vacant duplex in Marion contains two separate residences within approximately 1,798 square feet. Each unit has two bedrooms and one bathroom, along with its own kitchen and living room. Improvements include a newer roof, thermal windows, updated flooring, and light fixtures. HVAC equipment and water heaters need replacement; cleanup and paint touch-ups are also noted.
Key Highlights
- 1,798‑square‑foot duplex with two separate 2‑bedroom, 1‑bathroom units
- Separate kitchen and living room in each residence
- Newer roof, thermal windows, updated flooring, and light fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,058
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,160
$201.2K
Cap Rate 7%
$143,686
$143.7K
Cap Rate 9%
$111,756
$111.8K
Market Conditions
NOI Build-Up for 1,798 SF
Gross rent
$16.2K $9.00/SF
− Vacancy
−$1.8K −$1.01/SF
EGI
$14.4K $7.99/SF
− OpEx
−$4.3K −$2.40/SF
NOI
$10.1K $5.59/SF
Area
Crittenden County, AR
Vacancy
11.21%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,160
Cap Rate 7%
$143,686
Cap Rate 9%
$111,756
Alternative Uses
Best Use
Multifamily LT 5
$143.7K
$125.7K – $167.6K
NOI $10,058 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$131.6K
$115.1K – $153.5K
NOI $9,211 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$328.8K
$287.7K – $383.6K
NOI $23,017 @ 7.0% cap · market cap 14.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
Demographics for 72364, AR
16,394
Population
6,415
Households
2.6
Avg Household Size
36
Median Age
23%
College-Educated
90%
High-School Grad
80.0 sq mi
ZIP Area
205
Density / Sq Mi
$76,118
Median Household Income
$46,529
Median Earnings
$1,025
Median Rent
$206,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one bathroom, a kitchen, and a living room.
Where is this duplex located?
The property is located at 324 GANNTS St Marion, AR.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 1,798‑square‑foot duplex with two separate 2‑bedroom, 1‑bathroom units; Separate kitchen and living room in each residence; Newer roof, thermal windows, updated flooring, and light fixtures
