Two-Unit Duplex Income
3403 SW Deerfield Boulevard, Bentonville, AR 72713
MULTI_FAMILY - Bentonville, AR
Property size:
2,954 SFLot size:
0.21 AcresPrice / SF:
$168/SF- Added:
- May 12, 2026
- Days on Market:
- 56
- Last Refresh:
- Jul 6 at 5:06 pm
Property Features for 3403 SW Deerfield Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 6, Bathroom 2, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 6, Bedroom 1
- Parking features
- Garage, Open, On Street
- Window features
- Blinds
- Patio and Porch features
- Porch, Patio
- Interior features
- CeilingFans, EatInKitchen, WindowTreatments
- Exterior features
- ConcreteDriveway
- Appliances
- CounterTop, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
- Standard status
- Active
- APN
- 01-13195-000
- Size
- 2,954 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Description
- PLAT 2005-1471 12/14/2005
- Tax Annual Amount
- 3920
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Carpet, Simulatedwood, Tile
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle
Listing agent Salmonsen Group Realtors (479) 330-1250
Listing office Keller Williams Market Pro Realty Bentonville West 201 SW 14th St. Suite 203, Fayetteville, AR (479) 231-1355
Listing date May 12, 2026
MLS# 1347003
Listing URL
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.
HighLights
- Duplex built in 2006 on a corner lot with 2‑story layouts in both units
- Unit 1 is leased through October at $1,500/mo
- Each unit offers 3 bedrooms and 2.5 bathrooms
- Unit 2 is vacant and partially updated, ready for finished touches and additional improvements
- Tenant‑paid utilities can help minimize owner expenses
- Amenities include central air, electric heating, and a mix of carpet, laminate, simulated wood, and tile flooring
Overview
This duplex at 3403 SW Deerfield Boulevard includes two 2-story units, each with 3 bedrooms and 2.5 bathrooms. Unit 1 is currently leased through October, supporting immediate rental income. Unit 2 is vacant and ready for finishing touches, with portions already updated, offering a straightforward path to complete renovations or to occupy one side while renting the other.
The property sits on a corner lot with convenient access to Greenhouse Rd and SW Regional Airport Blvd. It is located near Osage Creek Elementary School, Creekside Middle School, and Osage Creek Trail. Tenant utility responsibility is in place, which helps keep ongoing owner expenses more manageable.
For buyers seeking a small residential income opportunity, this layout provides two full, similar-unit homes within one asset, with a leasing component already active through the term noted for Unit 1. Unit 2’s current condition supports tenants or owner-occupants who want to complete a light rehab and position the second unit for occupancy. Tenants are responsible for their own utilities, aligning with an operator-friendly expense structure.
The property sits on a corner lot with convenient access to Greenhouse Rd and SW Regional Airport Blvd. It is located near Osage Creek Elementary School, Creekside Middle School, and Osage Creek Trail. Tenant utility responsibility is in place, which helps keep ongoing owner expenses more manageable.
For buyers seeking a small residential income opportunity, this layout provides two full, similar-unit homes within one asset, with a leasing component already active through the term noted for Unit 1. Unit 2’s current condition supports tenants or owner-occupants who want to complete a light rehab and position the second unit for occupancy. Tenants are responsible for their own utilities, aligning with an operator-friendly expense structure.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.8k | $13.80 |
| − Vacancy | −$2.2k | −$0.76 |
| EGI | $38.5k | $13.04 |
| − OpEx | −$11.6k | −$3.91 |
| NOI | $27.0k | $9.13 |
2,954 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$385.2K
$337.0K – $449.4K
NOI $26,963 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$343.7K
$300.7K – $401.0K
NOI $24,059 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$811.8K
$710.3K – $947.1K
NOI $56,825 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Bentonville
- County
- Benton
- State
- Arkansas
- Longitude
- -94.250753
- Latitude
- 36.338071
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two two-story units with three bedrooms each, tenant-paid utilities, and one unit currently leased for added stability.
Where is this duplex located?
The property is located at 3403 SW Deerfield Boulevard Bentonville, AR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex built in 2006 on a corner lot with 2‑story layouts in both units; Unit 1 is leased through October at $1,500/mo; Each unit offers 3 bedrooms and 2.5 bathrooms
