Brick Duplex with
New
For Sale
$330,000
3696 Green Acres Road, Springdale, AR 72764
Residential, Springdale, AR
Property Size2,526 SF
Lot Size0.59 Acres
Price / SF$130.64
Days on Market2
Property Features for 3696 Green Acres Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2
Parking features
Garage
Patio and Porch features
Porch
Exterior features
ConcreteDriveway
Fencing
Privacy
Fireplace
1
Appliances
Dishwasher, ElectricCooktop, ElectricOven, GasWaterHeater, Refrigerator
Subdivision
Green Acres Estates
Lot features
Cleared, Subdivision
Elementary school district
Springdale
Middle school district
Springdale
High school district
Springdale
Directions
From Butterfield Coach Rd, heading north, turn right onto Green Acres Rd. In about .2 miles the duplex is on the left.
Standard status
Active
APN
815-30533-000
Size
2,526 SF
Lot size
0.59 Acres
Taxes and HOA fees
Tax Description
S-T-R 5-17-29
Tax Annual Amount
2310
Legal Description
S-T-R 5-17-29
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
big backyards
Building Details
Year built
1983
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Shingle
Listing Agency:
Southern Tradition Real Estate, LLC
(479) 365-2585
Listed By:
McKenzie Hart · License #PB00089042
(479) 409-0827
Added: Sep 4
Changed: Sep 5
Last Checked: Sep 5 at 7:06PM
MLS# 1361230
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.
Located at 3696 Green Acres Road in Springdale, this 2,526-square-foot duplex was built in 1983 and includes two residential units. Each side offers 3 bedrooms and 2 bathrooms, along with a backyard, porch, privacy fencing, and garage parking. The brick exterior is complemented by shingle roofing, concrete driveways, carpet and tile flooring, central heating, central air, and fireplaces. Kitchens include dishwashers, electric cooktops, electric ovens, refrigerators, and gas water heaters.
Both units are currently leased on a month-to-month basis. The property sits on 0.5902 acres with access to Don Tyson Pkwy and Hwy 412. Its Springdale location, two-unit configuration, and existing residential improvements provide a straightforward setup for continued rental use.
Both units are currently leased on a month-to-month basis. The property sits on 0.5902 acres with access to Don Tyson Pkwy and Hwy 412. Its Springdale location, two-unit configuration, and existing residential improvements provide a straightforward setup for continued rental use.
Key Highlights
- Two‑unit duplex with 2,526 square feet, built in 1983
- Each unit includes 3 bedrooms and 2 bathrooms
- Both sides are leased month to month
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
$22,732
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
6.89%
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%
$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
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
$34.9K $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 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%
$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
NOI $22,732 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$287.3K
$251.4K – $335.2K
NOI $20,113 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$678.0K
$593.3K – $791.0K
NOI $47,461 @ 7.0% cap · market cap 14.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two month-to-month units each provide three bedrooms, two bathrooms, and a private backyard.
Where is this duplex located?
The property is located at 3696 Green Acres Road 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, built in 1983; Each unit includes 3 bedrooms and 2 bathrooms; Both sides are leased month to month
