519-521 S Pierremont Drive, Fayetteville, AR 72701
- Added:
- Jun 13, 2026
- Days on Market:
- 25
- Last Refresh:
- Jul 7 at 5:06 pm
Property Features for 519-521 S Pierremont Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 6, Bathroom 3, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 8, Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 6
- Parking features
- Garage, Open
- Patio and Porch features
- Deck
- Exterior features
- ConcreteDriveway
- Fireplace
- 1
- Appliances
- ConvectionOven, Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, Disposal, MicrowaveHoodFan, Microwave, Refrigerator, Washer
- Standard status
- Pending
- 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
- Laminate, Carpet, Tile
- 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 setup with 4 beds and 3 baths per side, 2,392 SF per side
- One unit is leased through May 2027
- New roof installed in 2024
- Brick construction with shingle roof
- Central heating with natural gas and central air (also electric cooling)
- Includes a deck, concrete driveway, garage and open parking, and a fireplace
Overview
The address is 519-521 S Pierremont Drive in Fayetteville, Arkansas, in Washington County. The property is described as being just minutes from the University of Arkansas.
For buyers, the existing lease provides near-term occupancy for one side while leaving the other unit available for personal use or future leasing. The unit mix and size profile may also appeal to tenants looking for a multi-bedroom rental setup close to the University of Arkansas area.
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
