509 & 511 N 37th Street, Rogers, AR 72756
MULTI_FAMILY - Other - Rogers, AR
- Added:
- Apr 24, 2026
- Days on Market:
- 51
- Last Refresh:
- Jun 13 at 12:06 am
Property Features for 509 & 511 N 37th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3
- Parking features
- Open, Garage
- Interior features
- CeilingFans, SolidSurfaceCounters
- Exterior features
- ConcreteDriveway
- Fencing
- Privacy
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricOven, Disposal, GasWaterHeater
- Standard status
- Active
- APN
- 02-07967-000
- Size
- 3,477 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Description
- STR 10-19-30
- Tax Annual Amount
- 1232
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick, VinylSiding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent Bob Orband License #SA00061791 (479) 659-1804
Listing office Lindsey & Assoc Inc Branch 3801 W Walnut, AR (479) 636-2200
Listing date Apr 24, 2026
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.
HighLights
- Fully remodeled duplex, move‑in ready for owner‑occupants or investors.
- Two spacious units, each with 3 bedrooms and 2 full bathrooms.
- Each unit features its own fireplace.
- Fully fenced backyard provides privacy and usable outdoor space.
- Convenient Rogers location near shopping, dining, and schools.
- $5,000 seller preferred lender credit.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.0k | $13.80 |
| − Vacancy | −$2.6k | −$0.76 |
| EGI | $45.3k | $13.04 |
| − OpEx | −$13.6k | −$3.91 |
| NOI | $31.7k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rogers
- County
- Benton
- State
- Arkansas
- Longitude
- -94.169547
- Latitude
- 36.339279
