Duplex Near
For Sale
$428,000
517 N Oak Hill St, Siloam Springs, AR 72761
Two-unit residential property offering separate living arrangements for an owner-occupant or rental operation.
Property Size2,456 SF
Price / SF$174.27
Days on Market96
Property Features for 517 N Oak Hill St
General Information
Standard status
Active
Size
2,456 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2021
Listing Agency:
PAK Home Realty
Listed By:
Diane Martinez · License #SA00098657
(479) 957-5346
Source:
Thesummithometeam
Added: Jul 28
Changed: Oct 25
Last Checked: Oct 30 at 5:47PM
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 PAK Home Realty
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Investment Insights
Based on property information with market context.
This 2,456-square-foot duplex was built in 2021 and is located at 517 N Oak Hill St in Siloam Springs. Its two-unit configuration supports several ownership approaches, including occupying one residence while renting the other or operating both sides as a residential income property.
The property is positioned minutes from downtown Siloam Springs, shopping, dining, and John Brown University. The location combines access to established community destinations with a residential format suited to owner-occupants and investors.
The property is positioned minutes from downtown Siloam Springs, shopping, dining, and John Brown University. The location combines access to established community destinations with a residential format suited to owner-occupants and investors.
Key Highlights
- 2,456‑square‑foot duplex
- Built in 2021
- Two‑unit configuration supports owner‑occupancy or rental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,418
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,360
$448.4K
Cap Rate 7%
$320,257
$320.3K
Cap Rate 9%
$249,089
$249.1K
Market Conditions
NOI Build-Up for 2,456 SF
Gross rent
$33.9K $13.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$32.0K $13.04/SF
− OpEx
−$9.6K −$3.91/SF
NOI
$22.4K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,360
Cap Rate 7%
$320,257
Cap Rate 9%
$249,089
Alternative Uses
Best Use
Multifamily LT 5
$320.3K
$280.2K – $373.6K
NOI $22,418 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$285.8K
$250.0K – $333.4K
NOI $20,003 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$674.9K
$590.6K – $787.4K
NOI $47,245 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
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Business Placement
Demographics for 72761, AR
23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property offering separate living arrangements for an owner-occupant or rental operation.
Where is this duplex located?
The property is located at 517 N Oak Hill St Siloam Springs, AR.
What is the asking price?
The asking price for this property is $428,000.
What are key features of this property?
This property features: 2,456‑square‑foot duplex; Built in 2021; Two‑unit configuration supports owner‑occupancy or rental use
