New Construction
For Sale
$380,000
409 & 411 E Center Street, Jacksonville, AR 72076
Two-unit property with all-brick-and-stone construction, private garages, and three-bedroom layouts.
Property Size2,718 SF
Price / SF$139.81
Days on Market53
Property Features for 409 & 411 E Center Street
General Information
Standard status
Active
Size
2,718 SF
Total Parking Spaces
2
Property subtype
Multi-family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
hall laundry
Building Details
Buildings
1
Construction
brick/stone
Listing Agency:
Fathom Realty Central
(888) 455-6040
Listed By:
Miekka Maile
(501) 941-8830
Source:
Heilesassociatesrealtors
Added: Aug 26
Changed: Oct 10
Last Checked: Oct 16 at 8:32AM
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 Fathom Realty Central
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Investment Insights
Based on property information with market context.
This new-construction duplex at 409 & 411 E Center Street in Jacksonville, AR, contains 2,718 square feet across two residential units. Each unit offers 3 bedrooms and 2 1/2 bathrooms, with a one-car garage connected to the lower-level living area and a half bath downstairs.
The upper level includes a primary bedroom with a private bathroom and walk-in closet, along with two additional bedrooms and a shared bathroom. Hall laundry areas serve each unit, and luxury vinyl flooring extends throughout the interiors. The property features all-brick-and-stone construction.
The upper level includes a primary bedroom with a private bathroom and walk-in closet, along with two additional bedrooms and a shared bathroom. Hall laundry areas serve each unit, and luxury vinyl flooring extends throughout the interiors. The property features all-brick-and-stone construction.
Key Highlights
- New‑construction duplex with 2,718 square feet
- Each unit includes 3 bedrooms and 2 1/2 bathrooms
- One‑car garage for each unit with direct access to downstairs living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,841
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,820
$456.8K
Cap Rate 7%
$326,300
$326.3K
Cap Rate 9%
$253,789
$253.8K
Market Conditions
NOI Build-Up for 2,718 SF
Gross rent
$34.9K $12.84/SF
− Vacancy
−$2.3K −$0.83/SF
EGI
$32.6K $12.01/SF
− OpEx
−$9.8K −$3.60/SF
NOI
$22.8K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,820
Cap Rate 7%
$326,300
Cap Rate 9%
$253,789
Alternative Uses
Best Use
Multifamily LT 5
$326.3K
$285.5K – $380.7K
NOI $22,841 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$292.1K
$255.6K – $340.8K
NOI $20,447 @ 7.0% cap · market cap 5.38%
Theoretical Best
Specialty Retail
$518.5K
$453.7K – $604.9K
NOI $36,292 @ 7.0% cap · market cap 9.55%
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
344
Businesses Nearby
Explore this area
Business Placement
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
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 - Two-unit property with all-brick-and-stone construction, private garages, and three-bedroom layouts.
Where is this duplex located?
The property is located at 409 & 411 E Center Street Jacksonville, AR.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: New‑construction duplex with 2,718 square feet; Each unit includes 3 bedrooms and 2 1/2 bathrooms; One‑car garage for each unit with direct access to downstairs living space
