7-Duplex Brick
For Sale
$2,200,000
533 Grand Ave, Haskell, AR 72015
Brick duplex buildings feature three-bedroom layouts with downstairs living areas and upstairs bedrooms.
Property Size16,576 SF
Price / SF$132.72
Days on Market57
Property Features for 533 Grand Ave
General Information
Standard status
Active
Size
16,576 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
14 x 3BR/1.5BA
Multifamily Units
14
Taxes and HOA fees
Annual Taxes
$19,793
Building Details
Buildings
7
Construction
brick
Listing Agency:
Fathom Realty Central
(888) 455-6040
Listed By:
Miekka Maile
(501) 941-8830
Source:
Exprealty
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 28 at 10:51AM
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 Fathom Realty Central
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Investment Insights
Based on property information with market context.
This residential income property includes seven brick duplexes situated across three parcels in Haskell, Arkansas. The buildings contain 16,576 square feet of property size and were constructed between 2019 and 2023. Each duplex offers three bedrooms, one full bathroom, and one half bathroom, with the living area and half bath located on the lower level and the bedrooms and full bath upstairs.
All units are fully rented. Residents pay their own utilities, with trash remaining the owner’s responsibility. The property is located at 533 Grand Ave and provides a multi-building residential portfolio with consistent brick construction and a shared three-bedroom, one-and-a-half-bath configuration across the duplexes.
All units are fully rented. Residents pay their own utilities, with trash remaining the owner’s responsibility. The property is located at 533 Grand Ave and provides a multi-building residential portfolio with consistent brick construction and a shared three-bedroom, one-and-a-half-bath configuration across the duplexes.
Key Highlights
- Seven brick duplexes spanning three parcels
- 16,576 square feet of property size
- Construction dates range from 2019 to 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,971
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,279,420
$3.3M
Cap Rate 7%
$2,342,443
$2.3M
Cap Rate 9%
$1,821,900
$1.8M
Market Conditions
NOI Build-Up for 16,576 SF
Gross rent
$248.6K $15.00/SF
− Vacancy
−$14.4K −$0.87/SF
EGI
$234.2K $14.13/SF
− OpEx
−$70.3K −$4.24/SF
NOI
$164.0K $9.89/SF
Area
Saline County, AR
Vacancy
5.79%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,279,420
Cap Rate 7%
$2,342,443
Cap Rate 9%
$1,821,900
Alternative Uses
Best Use
Multifamily LT 5
$2.34M
$2.05M – $2.73M
NOI $163,971 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$2.04M
$1.78M – $2.38M
NOI $142,792 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$3.62M
$3.17M – $4.22M
NOI $253,212 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 72015, AR
28,597
Population
12,148
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
92%
High-School Grad
85.0 sq mi
ZIP Area
336
Density / Sq Mi
$64,550
Median Household Income
$44,219
Median Earnings
$1,013
Median Rent
$169,200
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
Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex buildings feature three-bedroom layouts with downstairs living areas and upstairs bedrooms.
Where is this duplex located?
The property is located at 533 Grand Ave Haskell, AR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Seven brick duplexes spanning three parcels; 16,576 square feet of property size; Construction dates range from 2019 to 2023
