Duplex with Two Income
517 N Oak Hill Street Siloam Springs, AR 72761
For Sale
$428,000
MULTI_FAMILY - Siloam Springs, AR
Property Size2,456 SF
Lot Size0.29 Acres
Price / SF$174.27
Days on Market92
Property Features for 517 N Oak Hill Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3
Parking features
Garage
Patio and Porch features
Porch
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
ElectricCooktop, ElectricOven, ElectricWaterHeater, Microwave, Refrigerator
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
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: Jul 18
Last Checked: Jul 29 at 11:06AM
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 for-sale duplex at 517 N Oak Hill Street is configured as a two-unit property, offering flexibility for an owner-occupant who wants to live in one side and rent the other, or for an investor seeking residential income exposure. The listing is presented as a duplex within the Residential income properties and Multifamily properties categories.
The property is located in Siloam Springs, Benton County, Arkansas, with a lot size of 0.29 acres and a total building size of 2,456 square feet. The address is provided for buyers and brokers to verify access, surrounding uses, and site specifics during due diligence.
From a practical standpoint, a duplex layout can support multiple occupancy arrangements while maintaining a single, manageable property footprint compared with larger multifamily assets. Buyers evaluating owner-occupancy options can consider the benefit of having an additional rented unit to help offset household expenses. Investors can evaluate the straightforward two-unit structure and residential income nature of the asset within their broader portfolio strategy.
The property is located in Siloam Springs, Benton County, Arkansas, with a lot size of 0.29 acres and a total building size of 2,456 square feet. The address is provided for buyers and brokers to verify access, surrounding uses, and site specifics during due diligence.
From a practical standpoint, a duplex layout can support multiple occupancy arrangements while maintaining a single, manageable property footprint compared with larger multifamily assets. Buyers evaluating owner-occupancy options can consider the benefit of having an additional rented unit to help offset household expenses. Investors can evaluate the straightforward two-unit structure and residential income nature of the asset within their broader portfolio strategy.
Key Highlights
- Duplex built in 2021 with brick construction and a shingle roof
- Electric heating and electric cooling
- Tile flooring throughout
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 | $33.9k | $13.80 |
| − Vacancy | −$1.9k | −$0.76 |
| EGI | $32.0k | $13.04 |
| − OpEx | −$9.6k | −$3.91 |
| NOI | $22.4k | $9.13 |
2,456 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
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
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale featuring two separate living units on a compact lot in Siloam Springs, AR.
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: Duplex built in 2021 with brick construction and a shingle roof; Electric heating and electric cooling; Tile flooring throughout
