519-521 S Pierremont Drive, Fayetteville, AR 72701
MULTI_FAMILY - Fayetteville, AR
- Added:
- Jun 13, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 14 at 6:06 pm
Property Features for 519-521 S Pierremont Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bedroom 2, Bedroom 3, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 5, Bathroom 4, Bedroom 4
- Parking features
- Open, Garage
- Patio and Porch features
- Deck
- Exterior features
- ConcreteDriveway
- Fireplace
- 1
- Appliances
- ConvectionOven, Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, Disposal, MicrowaveHoodFan, Microwave, Refrigerator, Washer
- Standard status
- Active
- APN
- 765-24524-000
- Size
- 4,784 SF
- Lot size
- 0.01 Acres
Taxes and HOA fees
- Tax Description
- STR: 14-16-30
- Tax Annual Amount
- 3643
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Laminate, Carpet
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Matthew Bastian License #AB00091264 (479) 332-8025
Listing office Better Homes and Gardens Real Estate Journey 1023 E Millsap Road, FAYETTEVILLE, AR (479) 251-7800
Listing date Jun 13, 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
- Multifamily layout with 4 beds and 3 baths and 2,392 SF per side
- One unit is leased through May 2027; other side is available
- New roof installed in 2024; home built in 2005 with brick construction
- Central heating and central air with natural gas HVAC and electric cooling
- Living features include a fireplace; exterior includes a deck and concrete driveway
- Appliances included: washer, refrigerator, dishwasher, electric range/oven, convection oven, microwave hood fan, and electric cooktop
Overview
The property is located at 519-521 S Pierremont Drive in Fayetteville, Arkansas, and is described as being just minutes from the University of Arkansas. The existing lease provides a built-in occupied portion of the duplex, while the vacancy offers flexibility for a new owner’s intended use.
For buyers, the leased unit through May 2027 may appeal to an owner looking for immediate income from one side while keeping the option to tailor the vacant side to their needs. The vacant side could be suited for owner-occupancy, or for families seeking housing aligned with the University of Arkansas timeframe, as referenced in the seller’s remarks. Overall, the property’s two-unit layout, bedroom and bath configuration, and the 2024 roof improvement make it straightforward to evaluate for residential income or flexible occupancy.
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 | $66.0k | $13.80 |
| − Vacancy | −$4.5k | −$0.94 |
| EGI | $61.5k | $12.86 |
| − OpEx | −$18.5k | −$3.86 |
| NOI | $43.1k | $9.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.125313
- Latitude
- 36.056363
