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    Two Duplex Side-by-Side Portfolio Title is generated by Realmo AI

    544-550 Oliver Street, Conway, AR 72034

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    Claim this Listing
    New
    For Sale
    $410,000

    MULTI_FAMILY - Conway, AR

    Property size:
    3,760 SF
    Price / SF:
    $109/SF
    Added:
    Jul 9, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 9 at 5:06 pm

    Property Features for 544-550 Oliver Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 8, Bedroom 3, Bathroom 3, Bedroom 6, Bathroom 4, Bedroom 1
    Interior features
    Washer Connection, Dryer Connection-Gas, Hot Water Heater-Gas, Fan - Ceiling
    Appliances
    Free-Standing Stove, Dishwasher, Free-Standing Stove, Dishwasher
    Standard status
    Active
    Size
    3,760 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PT 13,14,15 BLK49 ROBINSONS PL
    Tax Annual Amount
    2651

    Building Details

    Year built
    1982
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Vinyl, Tile, Carpet - Partial, Carpet - Full
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Contact an agent
    Mitch Hart
    Mitch Hart

    Listing agent Mitch Hart License #PB00043809

    Listing office Dunaway and Hart, Inc. 575 Harkrider, AR

    Listing date Jul 9, 2026

    MLS# 26027630 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two duplexes side by side in downtown Conway, AR: 544‑546 Oliver St and 548‑550 Oliver St
    • Total of four fully occupied units, each a 2‑bedroom, 1‑bath layout
    • 544‑546 Oliver St duplex: built +/- 1982, 1,880 SF
    • 548‑550 Oliver St duplex: built +/- 1982, 1,880 SF
    • Interior includes washer and dryer gas connections, gas hot water heater, ceiling fans, and appliances such as a dishwasher and free‑standing stoves
    • Roof: composition

    Overview

    The offering consists of two duplex properties positioned side by side, creating a four-unit rental portfolio. All four units are configured as 2-bedroom, 1-bath apartments and are reported as fully occupied. The first duplex is located at 544-546 Oliver Street with an indicated size of 1,880 SF and a build date of approximately 1982. The second duplex is located at 548-550 Oliver Street with an indicated size of 1,880 SF and a build date of approximately 1982.

    The properties are situated in Conway, Arkansas within Faulkner County, specifically on Oliver Street in downtown Conway. The package is presented as a coordinated acquisition, with both duplexes included together in the sale.

    For investors or buyers looking for an owner-managed or hands-off residential income setup, the all-units-occupied status may support immediate rental continuity. The consistent unit mix across both buildings can also simplify leasing and operations, while the side-by-side layout keeps the portfolio compact within the same corridor. This is being offered as a for-sale duplex investment portfolio.

    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 $38.4k $10.20
    − Vacancy −$2.2k −$0.59
    EGI $36.1k $9.61
    − OpEx −$10.8k −$2.88
    NOI $25.3k $6.73
    3,760 SF · lease $10.20/SF/yr · vacancy 5.79% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $361.3K
    $316.2K – $421.5K (±1% cap)
    NOI $25,292 @ 7.0% cap · market cap 6.17%
    Second Best
    Apartment 5plus
    $322.9K
    $282.5K – $376.7K (±1% cap)
    NOI $22,603 @ 7.0% cap · market cap 5.51%
    Theoretical Best
    Office A
    $857.6K
    $750.4K – $1.00M (±1% cap)
    NOI $60,033 @ 7.0% cap · market cap 14.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Garden Center Locksmith (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Catering Service Restaurant (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4421812
    Latitude
    35.0859399

    FAQs

    What type of property is this?
    Quadplex - Two adjacent duplexes totaling four 2-bedroom, 1-bath units, all currently occupied, offered as a turnkey rental portfolio.
    Where is this quadplex located?
    The property is located at 544-550 Oliver Street Conway, AR.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: Two duplexes side by side in downtown Conway, AR: 544‑546 Oliver St and 548‑550 Oliver St; Total of four fully occupied units, each a 2‑bedroom, 1‑bath layout; 544‑546 Oliver St duplex: built +/- 1982, 1,880 SF
    More about this property
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