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Two-Unit Duplex with Backyards

3696 Green Acres Rd, Springdale, AR 72764

For Sale
$330,000

Both residences are leased month to month and include large backyards.

Property Size2,526 SF
Price / SF$130.64
Days on Market64

Property Features for 3696 Green Acres Rd

General Information

Standard status Active
Size 2,526 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Year Built 1983
Listing Agency: Coldwell Banker Harris Mchaney & Faucette -Fayette
Listed By: Brooke Hernandez
Source: District3
Added: Sep 7 Changed: Sep 8 Last Checked: Nov 8 at 5:44AM

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 Coldwell Banker Harris Mchaney & Faucette -Fayette

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Investment Insights

Based on property information with market context.

Built in 1983, this duplex contains two residences with a combined property size of 2,526 square feet. Each side offers three bedrooms and two bathrooms, along with a large backyard. Both units are currently leased on month-to-month terms, providing an existing occupancy profile with flexible lease arrangements.

The property is located at 3696 Green Acres Rd in Springdale, with access to Don Tyson Pkwy and Hwy 412. The two-unit configuration and matching floor plans provide a straightforward residential income property format, with each residence offering the same bedroom and bathroom count.

Key Highlights

  • Two‑unit duplex with 2,526 square feet
  • Each side includes 3 bedrooms and 2 bathrooms
  • Large backyards for both residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,732
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,640 $454.6K
Cap Rate 7%
$324,743 $324.7K
Cap Rate 9%
$252,578 $252.6K
Market Conditions
NOI Build-Up for 2,526 SF
Gross rent
$34.9K $13.80/SF
− Vacancy
−$2.4K −$0.94/SF
EGI
$32.5K $12.86/SF
− OpEx
−$9.7K −$3.86/SF
NOI
$22.7K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,640
Cap Rate 7%
$324,743
Cap Rate 9%
$252,578

Alternative Uses

Best Use
Multifamily LT 5
$324.7K
$284.2K – $378.9K (±1% cap)
NOI $22,732 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$287.3K
$251.4K – $335.2K (±1% cap)
NOI $20,113 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$678.0K
$593.3K – $791.0K (±1% cap)
NOI $47,461 @ 7.0% cap · market cap 14.38%
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
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 72764, AR

60,786
Population
20,781
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
72%
High-School Grad
66.2 sq mi
ZIP Area
918
Density / Sq Mi
$61,569
Median Household Income
$34,552
Median Earnings
$984
Median Rent
$226,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Springdale, AR

$168 Jul
$167 Aug
$163 Sep
$158 Oct

Properties on Market for Duplexes in Springdale

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased month to month and include large backyards.
Where is this duplex located?
The property is located at 3696 Green Acres Rd Springdale, AR.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,526 square feet; Each side includes 3 bedrooms and 2 bathrooms; Large backyards for both residences
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