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Contemporary Duplex with Private Garage Access
For Sale
$845,420

4254 W Bandera ST, Fayetteville, AR 72704

MULTI_FAMILY - Fayetteville, AR

Property Size4,124 SF
Lot Size0.16 Acres
Price / SF$205
Days on Market56

Property Features for 4254 W Bandera ST

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning Multi Family
Parking features Garage - Attached
Appliances Countertop, Dishwasher, Electric, Garbage Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning
Subdivision Towne West PH III-IV
Lot features Cleared, Corner, Curbing, In Subdivision, Landscaped, Level, Sidewalk
High school Fayetteville
Elementary school district Fayetteville
Middle school district Fayetteville
High school district Fayetteville
Directions Intersection of I49 and US HWY 62/MLK Blvd,west 1.4 mi, turn right on S Rupple Rd for 0.2 mi. At the traffic Circle take the 2nd exit, right onto W Bronco Dr for 0.1 mi, turn left S Benchmark Ln left onto W Bandera St.
Standard status Active
APN 765-32994-000
Size 4,124 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description S-T-R- 13-16-31
Tax Annual Amount 799
Legal Description S-T-R- 13-16-31

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Central Air

Amenities

spacious open floor plan
granite counter tops
fresh neutral colors
contemporary lighting fixtures
luxury vinyl plank
en suite bathrooms
Jack and Jill bathrooms
upstairs washer and dryer location
front covered entry
secure private access to garage
on Fayetteville Trail System
covered balcony

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Flooring type Other-specify in remarks
Roof type Shingle
Architectural style Contemporary
Listing Agency: Keller Williams Platinum Realty · Keller Williams Realty
Listed By: Cheryl Garner · License #SA00083287
Added: Jun 15 Changed: Aug 2 Last Checked: Aug 9 at 10:06PM
MLS# 1089815

Copyright © 2026 Western River Valley Board of REALTORS®. 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.

This under-construction contemporary duplex at 4254 W Bandera St in Fayetteville, AR is laid out as one duplex with 2 units. The interiors feature a spacious open floor plan, granite counter tops in the kitchen and bathrooms, and luxury vinyl plank flooring. Bathrooms include an en suite setup and Jack and Jill-style configuration. A convenient upstairs washer and dryer location supports everyday living.

Exterior and access details include a front covered entry, a covered balcony, and secure, private access to the attached garage. Heating is electric with central heating, and cooling is central air with electric service. Appliances listed include a dishwasher, microwave, oven/range, refrigerator, disposal, and self-cleaning features.

The property is on a 0.16-acre lot and totals 4,124 square feet, with a 2026 year built and a shingle roof.

Key Highlights

  • One duplex with 2 units, under construction
  • 0.16‑acre lot and 4,124 SF total
  • Year built 2026 with contemporary style and shingle roof

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
$37,113
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
4.39%
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%
$742,260 $742.3K
Cap Rate 7%
$530,186 $530.2K
Cap Rate 9%
$412,367 $412.4K
Market Conditions
NOI Build-Up for 4,124 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
$56.9K $13.80/SF
− Vacancy
−$3.9K −$0.94/SF
EGI
$53.0K $12.86/SF
− OpEx
−$15.9K −$3.86/SF
NOI
$37.1K $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%
$742,260
Cap Rate 7%
$530,186
Cap Rate 9%
$412,367

Alternative Uses

Best Use
Multifamily LT 5
$530.2K
$463.9K – $618.6K (±1% cap)
NOI $37,113 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$469.1K
$410.5K – $547.3K (±1% cap)
NOI $32,836 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$1.11M
$968.6K – $1.29M (±1% cap)
NOI $77,486 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 72704, AR

31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Under-construction contemporary duplex in Multi Family zoning with attached garage access and covered entry.
Where is this duplex located?
The property is located at 4254 W Bandera ST Fayetteville, AR.
What is the asking price?
The asking price for this property is $845,420.
What are key features of this property?
This property features: One duplex with 2 units, under construction; 0.16‑acre lot and 4,124 SF total; Year built 2026 with contemporary style and shingle roof
More about this property
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