Duplex with Two Three-Bedroom
New
For Sale
$430,000
435 Chartres Avenue, Springdale, AR 72764
MULTI_FAMILY - Springdale, AR
Property Size2,804 SF
Lot Size0.58 Acres
Price / SF$153.35
Days on Market4
Property Features for 435 Chartres Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi Family
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bathroom 6, Bathroom 1, Bathroom 5, Bedroom 5, Bedroom 4
Parking features
Open, On Street, Garage, Parking Lot
Security features
Security
Exterior features
ConcreteDriveway
Fireplace
1
Appliances
ElectricWaterHeater
Subdivision
Foxfield Sub
Lot features
Central Business District, Cleared, City Lot, Level, Near Park, Subdivision
Elementary school district
Springdale
Middle school district
Springdale
High school district
Springdale
Directions
Take I-49S to exit 78 for AR-264 toward Lowell/Cave Springs/Rogers, turn left onto AR-264 E/W Monroe Ave, turn right onto US-71B S/S Bloomington St, in 3 miles turn left on W County Line Rd, in .0.7 miles turn right onto Ponchartrain St, drive down and find 435 Chartres Ave on your right.
Standard status
Active
APN
815-35875-000
Size
2,804 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Description
Lot 17, Block 0, Subdivision Foxfield Sub
Tax Annual Amount
1531
Legal Description
Lot 17, Block 0, Subdivision Foxfield Sub
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2004
Floors in Building
2
Number of units
2
Flooring type
Tile, Carpet
Building materials
Brick, VinylSiding
Roof type
Asphalt, Shingle
Listing Agency:
Keller Williams Market Pro Realty - Rogers Branch · Keller Williams Realty
(479) 718-2800
Listed By:
The Diaz Team
(479) 426-9107
Added: Aug 11
Changed: Aug 12
Last Checked: Aug 14 at 10:06AM
MLS# 1358437
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.
Investment Insights
Based on property information with market context.
This 2,804-square-foot duplex, built in 2004, contains two separate residences. Each side measures 1,402 square feet and includes three bedrooms and 2.5 baths. One unit is currently vacant, providing immediate flexibility for an owner-occupant or leasing strategy. Interior finishes include tile and carpet, while central heating, central air, an electric water heater, and a fireplace serve the property. Brick and vinyl siding support the exterior, which also includes an asphalt shingle roof and a concrete driveway.
The property occupies 0.5791 acres at 435 Chartres Avenue in Springdale, Arkansas. Parking features include a garage, open parking, a parking lot, and on-street parking. The two-unit configuration and existing vacancy offer distinct occupancy options within a single residential income property.
The property occupies 0.5791 acres at 435 Chartres Avenue in Springdale, Arkansas. Parking features include a garage, open parking, a parking lot, and on-street parking. The two-unit configuration and existing vacancy offer distinct occupancy options within a single residential income property.
Key Highlights
- 2,804 square feet total with two 1,402‑square‑foot residences
- Each unit includes 3 bedrooms and 2.5 baths
- One unit is currently vacant
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
Lease Details
2
Residential units
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence provides a private layout with multiple baths, central heating and cooling, and dedicated parking options.
Where is this duplex located?
The property is located at 435 Chartres Avenue 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: 2,804 square feet total with two 1,402‑square‑foot residences; Each unit includes 3 bedrooms and 2.5 baths; One unit is currently vacant
