Remodeled Duplex with Two
New
For Sale
$474,999
3302 SW Victoria Place, Bentonville, AR 72712
Residential, Bentonville, AR
Property Size2,500 SF
Price / SF$189
Days on Market2
Property Features for 3302 SW Victoria Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
Parking features
Assigned, Open, Garage
Exterior features
ConcreteDriveway
Appliances
ElectricRange, GasWaterHeater, Microwave, Refrigerator
Subdivision
CARRIAGE SQUARE COURT HPR-BENTONVILLE
Lot features
Central Business District, Corner Lot, Level
Directions
Head west from Downtown Bentonville on SW 14th Street. Turn right (north) onto SW Elm Tree Road. Turn left onto SW Victoria Place. Continue a short distance - 3302 SW Victoria Pl will be on your right.
Standard status
Active
APN
01-10159-003
Size
2,500 SF
Taxes and HOA fees
Tax Description
MASTER DEED 11/04/2025 L202562146 & AMENDED MASTER DEED 02/02/2026 L202605933 IMP ONLY SITS ON 01-10159-000
Tax Annual Amount
3276
HOA Fee
$792 Annually
Legal Description
MASTER DEED 11/04/2025 L202562146 & AMENDED MASTER DEED 02/02/2026 L202605933 IMP ONLY SITS ON 01-10159-000
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2014
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet, Vinyl
Building materials
Brick, VinylSiding
Roof type
Shingle, Asphalt
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Brandon Still · License #SA00081991
(479) 236-2900
Added: Aug 31
Last Checked: Sep 1 at 4:06AM
MLS# 1360448
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 2,500-square-foot duplex package includes 2 condos, with each side configured as a 3-bedroom, 2-bath residence. Improvements include new flooring, updated fixtures, and modern countertops, while appliances include an electric range, gas water heater, microwave, and refrigerator. Central heating and central air provide year-round climate control. The property was built in 2014 and features brick and vinyl siding, shingle and asphalt roofing, and a concrete driveway.
Located at 3302 SW Victoria Place in Bentonville, the property is near downtown and the Razorback Greenway, with access to biking trails and dining. Parking features include open, assigned, and garage spaces.
Located at 3302 SW Victoria Place in Bentonville, the property is near downtown and the Razorback Greenway, with access to biking trails and dining. Parking features include open, assigned, and garage spaces.
Key Highlights
- 2,500‑square‑foot duplex package with 2 condos
- Each side includes 3 bedrooms and 2 bathrooms
- Updated with new flooring, fixtures, and modern countertops
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,819
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$456,380
$456.4K
Cap Rate 7%
$325,986
$326.0K
Cap Rate 9%
$253,544
$253.5K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$34.5K $13.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$32.6K $13.04/SF
− OpEx
−$9.8K −$3.91/SF
NOI
$22.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$456,380
Cap Rate 7%
$325,986
Cap Rate 9%
$253,544
Alternative Uses
Best Use
Multifamily LT 5
$326.0K
$285.2K – $380.3K
NOI $22,819 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$290.9K
$254.5K – $339.4K
NOI $20,361 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$687.0K
$601.1K – $801.5K
NOI $48,091 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
228
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two baths, updated finishes, and included appliances for low-maintenance occupancy.
Where is this duplex located?
The property is located at 3302 SW Victoria Place Bentonville, AR.
What is the asking price?
The asking price for this property is $474,999.
What are key features of this property?
This property features: 2,500‑square‑foot duplex package with 2 condos; Each side includes 3 bedrooms and 2 bathrooms; Updated with new flooring, fixtures, and modern countertops
