Duplex with In-Law
392 N Main Street, Centerton, AR 72719
For Sale
$400,000
Residential, Centerton, AR
Property Size3,663 SF
Lot Size0.21 Acres
Price / SF$109.20
Days on Market625
Property Features for 392 N Main Street
General Information
Property type
Property subtype
Parking features
Window features
Patio and Porch features
Interior features
Exterior features
Fireplace
Appliances
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
gas fireplace
covered deck
fenced yard
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
Lindsey & Assoc Inc Branch
(479) 636-2200
Listed By:
Sally Swick · License #EB00088306
(479) 986-4311
Added: Feb 21, 2025
Changed: Oct 27
Last Checked: Nov 7 at 12:06AM
MLS# 1299312
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.
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Investment Insights
Based on property information with market context.
This 3,663-square-foot duplex property, built in 2005, pairs a five-bedroom, four-bath primary residence with an attached two-bedroom, two-bath apartment. The main home includes an open kitchen, dining, and living area with a gas fireplace, three living spaces, a lower-level primary suite, and an upper level with two bedrooms, a bathroom, and a bonus room. A covered wraparound deck extends from the primary bedroom, while the fenced lot measures 0.21 acres.
The apartment has a private entrance and can also be accessed from the main residence. Its layout includes a kitchen, living room, laundry room, primary bedroom with ensuite bath, second bedroom, and full bathroom. It is currently occupied by a family member under a month-to-month arrangement and may be vacated before closing. The property is served by public water and public sewer and is located in Centerton within the Bentonville School district.
The apartment has a private entrance and can also be accessed from the main residence. Its layout includes a kitchen, living room, laundry room, primary bedroom with ensuite bath, second bedroom, and full bathroom. It is currently occupied by a family member under a month-to-month arrangement and may be vacated before closing. The property is served by public water and public sewer and is located in Centerton within the Bentonville School district.
Key Highlights
- 3,663‑square‑foot duplex property on a 0.21‑acre fenced lot
- Primary residence includes 5 bedrooms, 4 baths, and 3 living spaces
- Attached apartment offers 2 bedrooms, 2 baths, kitchen, living room, and laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,435
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,700
$668.7K
Cap Rate 7%
$477,643
$477.6K
Cap Rate 9%
$371,500
$371.5K
Market Conditions
NOI Build-Up for 3,663 SF
Gross rent
$50.5K $13.80/SF
− Vacancy
−$2.8K −$0.76/SF
EGI
$47.8K $13.04/SF
− OpEx
−$14.3K −$3.91/SF
NOI
$33.4K $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%
$668,700
Cap Rate 7%
$477,643
Cap Rate 9%
$371,500
Alternative Uses
Best Use
Multifamily LT 5
$477.6K
$417.9K – $557.3K
NOI $33,435 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$426.2K
$372.9K – $497.2K
NOI $29,833 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$1.01M
$880.8K – $1.17M
NOI $70,463 @ 7.0% cap · market cap 17.62%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
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Business Placement
Demographics for 72719, AR
16,248
Population
6,989
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
96%
High-School Grad
9.2 sq mi
ZIP Area
1,766
Density / Sq Mi
$111,250
Median Household Income
$61,073
Median Earnings
$1,432
Median Rent
$283,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Benton County, AR
Properties on Market for Duplexes in Benton County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fenced property combines a primary residence with a separately entered two-bedroom apartment.
Where is this duplex located?
The property is located at 392 N Main Street Centerton, AR.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3,663‑square‑foot duplex property on a 0.21‑acre fenced lot; Primary residence includes 5 bedrooms, 4 baths, and 3 living spaces; Attached apartment offers 2 bedrooms, 2 baths, kitchen, living room, and laundry room
