Updated Two-Unit
For Sale
$415,000
3502 SW Landau Ct, Bentonville, AR 72712
One residence is leased while the other has been recently refreshed and is ready for occupancy.
Property Size2,076 SF
Price / SF$199.90
Days on Market91
Property Features for 3502 SW Landau Ct
General Information
Standard status
Active
Size
2,076 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
1
Building Details
Year Built
2003
Buildings
1
Listing Agency:
Cook and Company
Listed By:
Lance Cook · License #SA00087745
(501) 516-4036
Source:
Thebesthomeprice
Added: Jul 18
Changed: Oct 13
Last Checked: Oct 7 at 1:55PM
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 Cook and Company
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Investment Insights
Based on property information with market context.
This 2,076-square-foot duplex, built in 2003, contains two separate residences with matching two-bedroom, two-bath layouts. Each unit includes an attached one-car garage, providing dedicated parking and additional storage. One side is occupied by a tenant, while the other has been recently updated and is ready for move-in.
The property is located at 3502 SW Landau Ct in Bentonville, near Downtown Bentonville, the Walmart Home Office, shopping, dining, and Northwest Arkansas’s trail system. Its two-unit configuration supports continued rental use or an owner-occupant arrangement with a separate residence on site.
The property is located at 3502 SW Landau Ct in Bentonville, near Downtown Bentonville, the Walmart Home Office, shopping, dining, and Northwest Arkansas’s trail system. Its two-unit configuration supports continued rental use or an owner-occupant arrangement with a separate residence on site.
Key Highlights
- Two‑unit duplex with 2,076 square feet
- Each unit offers 2 bedrooms and 2 bathrooms
- Attached 1‑car garage serves each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,949
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,980
$379.0K
Cap Rate 7%
$270,700
$270.7K
Cap Rate 9%
$210,544
$210.5K
Market Conditions
NOI Build-Up for 2,076 SF
Gross rent
$28.6K $13.80/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$27.1K $13.04/SF
− OpEx
−$8.1K −$3.91/SF
NOI
$18.9K $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%
$378,980
Cap Rate 7%
$270,700
Cap Rate 9%
$210,544
Alternative Uses
Best Use
Multifamily LT 5
$270.7K
$236.9K – $315.8K
NOI $18,949 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$241.5K
$211.4K – $281.8K
NOI $16,908 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$570.5K
$499.2K – $665.6K
NOI $39,935 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
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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
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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 - One residence is leased while the other has been recently refreshed and is ready for occupancy.
Where is this duplex located?
The property is located at 3502 SW Landau Ct Bentonville, AR.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,076 square feet; Each unit offers 2 bedrooms and 2 bathrooms; Attached 1‑car garage serves each residence
