Brick Duplex with
For Sale
$428,000
517 N Oak Hill Street, Siloam Springs, AR 72761
Residential, Siloam Springs, AR
Property Size2,456 SF
Lot Size0.29 Acres
Price / SF$174.27
Days on Market153
Property Features for 517 N Oak Hill Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 3
Parking features
Garage
Patio and Porch features
Porch
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
ElectricCooktop, ElectricOven, ElectricWaterHeater, Microwave, Refrigerator
Subdivision
Couchs Add Siloam Spgs
Lot features
Near Park, Split Possible
Directions
From Springdale, take US-412 W approximately 24 miles toward Siloam Springs. Continue on US-412 W, then turn right onto N Holly St. Turn left onto W Tulsa St, then right onto N Oak Hill St. Property will be on the right at 517 N Oak Hill St, Siloam Springs, AR.
Standard status
Active
APN
03-01662-002
Size
2,456 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
REPLAT 5/06/08 2008-267
Tax Annual Amount
4369
Legal Description
REPLAT 5/06/08 2008-267
Utilities
Heating system
Electric (Heating)
Cooling system
Electric
Building Details
Year built
2021
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Brick
Roof type
Shingle
Listing Agency:
PAK Home Realty
(479) 278-7146
Listed By:
Diane Martinez · License #SA00098657
(479) 957-5346
Added: Apr 29
Changed: Sep 16
Last Checked: Sep 28 at 3:06AM
MLS# 1344494
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 duplex contains 2,456 square feet on a 0.29-acre lot and was built in 2021. The property is constructed with brick and includes six bedrooms, four bathrooms, a garage, concrete driveway, porch, and privacy fencing. Interior features include tile flooring, electric heating and cooling, and kitchens equipped with electric cooktops, electric ovens, microwaves, refrigerators, and electric water heaters.
The property is located at 517 N Oak Hill Street in Siloam Springs, Arkansas. Downtown, shopping, dining, and John Brown University are described as being just minutes away, placing the residence near several established community destinations.
The property is located at 517 N Oak Hill Street in Siloam Springs, Arkansas. Downtown, shopping, dining, and John Brown University are described as being just minutes away, placing the residence near several established community destinations.
Key Highlights
- 2,456‑square‑foot duplex on a 0.29‑acre lot
- Built in 2021 with brick construction
- Six bedrooms and four bathrooms
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
$22,418
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
5.24%
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%
$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
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
$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 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%
$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.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with six bedrooms, four bathrooms, private fencing, and a garage.
Where is this duplex located?
The property is located at 517 N Oak Hill Street 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 on a 0.29‑acre lot; Built in 2021 with brick construction; Six bedrooms and four bathrooms
