Two-Building Duplex
For Sale
$400,000
401 W 19th St, Russellville, AR 72801
Two residential income buildings with covered parking and distinct bedroom configurations.
Property Size3,804 SF
Price / SF$105.15
Days on Market78
Property Features for 401 W 19th St
General Information
Standard status
Active
Size
3,804 SF
Property subtype
Multi-Family
Building Details
Year Built
1976
Buildings
2
Listing Agency:
River Valley Realty, Inc
(479) 970-0702
Listed By:
SoHo NWA brokered by EXP Realty
(479) 871-9227
Source:
Sohonwa
Added: Jul 31
Changed: Oct 15
Last Checked: Oct 14 at 11:16PM
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 River Valley Realty, Inc
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Investment Insights
Based on property information with market context.
This offering includes two duplex buildings totaling 3,804 square feet. The property was built in 1976 and includes covered parking associated with each building. The two addresses are 401 and 403 W 19th St, along with 495 and 497 W 19th St in Russellville, Arkansas.
The buildings feature distinct residential configurations: one includes 3-bedroom, 1-bath units, while the other includes 2-bedroom, 1-bath units. Each unit configuration is paired with a 1-car carport, providing covered parking for residents.
The buildings feature distinct residential configurations: one includes 3-bedroom, 1-bath units, while the other includes 2-bedroom, 1-bath units. Each unit configuration is paired with a 1-car carport, providing covered parking for residents.
Key Highlights
- Two duplex buildings totaling 3,804 square feet
- 401 and 403 W 19th St, Russellville, AR 72801
- 495 and 497 W 19th St, Russellville, AR 72801
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,458
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,160
$509.2K
Cap Rate 7%
$363,686
$363.7K
Cap Rate 9%
$282,867
$282.9K
Market Conditions
NOI Build-Up for 3,804 SF
Gross rent
$38.8K $10.20/SF
− Vacancy
−$2.4K −$0.64/SF
EGI
$36.4K $9.56/SF
− OpEx
−$10.9K −$2.87/SF
NOI
$25.5K $6.69/SF
Area
Pope County, AR
Vacancy
6.27%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,160
Cap Rate 7%
$363,686
Cap Rate 9%
$282,867
Alternative Uses
Best Use
Multifamily LT 5
$363.7K
$318.2K – $424.3K
NOI $25,458 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$324.9K
$284.3K – $379.1K
NOI $22,746 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$607.8K
$531.8K – $709.1K
NOI $42,544 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
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Business Placement
Demographics for 72801, AR
18,510
Population
7,530
Households
2.5
Avg Household Size
29
Median Age
26%
College-Educated
82%
High-School Grad
8.0 sq mi
ZIP Area
2,314
Density / Sq Mi
$42,363
Median Household Income
$22,473
Median Earnings
$837
Median Rent
$153,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential income buildings with covered parking and distinct bedroom configurations.
Where is this duplex located?
The property is located at 401 W 19th St Russellville, 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: Two duplex buildings totaling 3,804 square feet; 401 and 403 W 19th St, Russellville, AR 72801; 495 and 497 W 19th St, Russellville, AR 72801
