Three-Bedroom
For Sale
$430,000
Pending
435 Chartres Ave, Springdale, AR 72764
Two attached residences provide a practical configuration for shared living or separate leasing arrangements.
Property Size2,804 SF
Days on Market20
Property Features for 435 Chartres Ave
General Information
Standard status
Pending
Size
2,804 SF
Property subtype
Multi-Family
Building Details
Year Built
2004
Listing Agency:
Sudar Group
(479) 402-0805
Listed By:
The Moldenhauer Group
(479) 341-6413
Source:
Nwahomestore
Added: Aug 14
Changed: Sep 1
Last Checked: Sep 1 at 6:02PM
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 Sudar Group
Investment Insights
Based on property information with market context.
This duplex contains two residential units, each with 3 bedrooms, 2.5 baths, and 1,402 square feet of living area. Built in 2004, the property offers matching layouts across both sides and a total of 2,804 square feet. One unit is currently vacant, creating flexibility for an owner to occupy that residence or prepare it for leasing while retaining the second unit for separate use.
The property is located at 435 Chartres Ave in Springdale, Arkansas. Its two-unit design supports a range of residential ownership strategies without requiring separate buildings, and the existing bedroom and bath configuration provides substantial living space on each side.
The property is located at 435 Chartres Ave in Springdale, Arkansas. Its two-unit design supports a range of residential ownership strategies without requiring separate buildings, and the existing bedroom and bath configuration provides substantial living space on each side.
Key Highlights
- Two‑unit duplex at 435 Chartres Ave, Springdale, AR 72764
- Each unit includes 3 bedrooms and 2.5 baths
- Each side offers 1,402 sq. ft. of living space
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
$25,234
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
5.87%
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%
$504,680
$504.7K
Cap Rate 7%
$360,486
$360.5K
Cap Rate 9%
$280,378
$280.4K
Market Conditions
NOI Build-Up for 2,804 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
$38.7K $13.80/SF
− Vacancy
−$2.6K −$0.94/SF
EGI
$36.0K $12.86/SF
− OpEx
−$10.8K −$3.86/SF
NOI
$25.2K $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%
$504,680
Cap Rate 7%
$360,486
Cap Rate 9%
$280,378
Alternative Uses
Best Use
Multifamily LT 5
$360.5K
$315.4K – $420.6K
NOI $25,234 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$318.9K
$279.1K – $372.1K
NOI $22,326 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$752.6K
$658.6K – $878.1K
NOI $52,685 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
227
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two attached residences provide a practical configuration for shared living or separate leasing arrangements.
Where is this duplex located?
The property is located at 435 Chartres Ave Springdale, AR.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two‑unit duplex at 435 Chartres Ave, Springdale, AR 72764; Each unit includes 3 bedrooms and 2.5 baths; Each side offers 1,402 sq. ft. of living space
