Ranch Duplex with Central
New
For Sale
$150,000
5814 Jenny Lind AVE, Fort Smith, AR 72903
Multifamily, Ranch, Traditional, Fort Smith, AR
Property Size1,639 SF
Lot Size0.38 Acres
Price / SF$91.52
Days on Market5
Property Features for 5814 Jenny Lind AVE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
4
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3
Parking features
Assigned
Window features
Single Pane Window(s)
Appliances
Electric, Range, Refrigerator
Subdivision
Brazil & Jacobs
Lot features
Level
Elementary school
Cook
Middle school
Ramsey
High school
Southside
Elementary school district
Fort Smith
Middle school district
Fort Smith
High school district
Fort Smith
Directions
Jenny Lind just past Zero take a right on Jacobs then right again Jenny Lind was re-routed duplex on the left
Standard status
Active
APN
10741-0014-00005-00
Size
1,639 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Description
N69 1/2'of S 139' Bazil & Jacobs
Tax Annual Amount
507
Legal Description
N69 1/2'of S 139' Bazil & Jacobs
Utilities
Heating system
Natural Gas, Central
Cooling system
Central Air, Electric
Amenities
central heat and air
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Roof type
Shingle
Architectural style
Other, Ranch
Listing Agency:
Housing Hotline
(479) 484-5463
Listed By:
James Vitale · License #PB00040422
(479) 629-0557
Added: Sep 23
Last Checked: Sep 27 at 2:06PM
MLS# 1092001
Copyright © 2026 Western River Valley Board of REALTORS®. 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 1,639-square-foot duplex sits on a 0.38-acre lot at 5814 Jenny Lind AVE in Fort Smith. Built in 1950, the ranch-style property has a low-maintenance vinyl exterior, shingle roof, central heating and air conditioning, and assigned parking. The units are configured with two bedrooms and one bathroom, with carpet and vinyl flooring throughout. Electric ranges and refrigerators are included.
The property is zoned Residential and positioned on a dead-end street. One side is currently rented, while the other is vacant. Natural gas heating and electric central air serve the building, providing established mechanical systems for the existing layout.
The property is zoned Residential and positioned on a dead-end street. One side is currently rented, while the other is vacant. Natural gas heating and electric central air serve the building, providing established mechanical systems for the existing layout.
Key Highlights
- Duplex with 1,639 square feet on a 0.38‑acre lot
- Two bedrooms and one bathroom per side
- One side rented; the other side currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,869
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$217,380
$217.4K
Cap Rate 7%
$155,271
$155.3K
Cap Rate 9%
$120,767
$120.8K
Market Conditions
NOI Build-Up for 1,639 SF
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.
Gross rent
$16.7K $10.20/SF
− Vacancy
−$1.2K −$0.73/SF
EGI
$15.5K $9.47/SF
− OpEx
−$4.7K −$2.84/SF
NOI
$10.9K $6.63/SF
Area
Sebastian County, AR
Vacancy
7.12%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$217,380
Cap Rate 7%
$155,271
Cap Rate 9%
$120,767
Alternative Uses
Best Use
Multifamily LT 5
$155.3K
$135.9K – $181.2K
NOI $10,869 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$138.7K
$121.3K – $161.8K
NOI $9,706 @ 7.0% cap · market cap 6.47%
Theoretical Best
Healthcare Medical
$348.7K
$305.1K – $406.8K
NOI $24,410 @ 7.0% cap · market cap 16.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
Demographics for 72903, AR
25,225
Population
12,079
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
16.2 sq mi
ZIP Area
1,557
Density / Sq Mi
$60,186
Median Household Income
$36,560
Median Earnings
$804
Median Rent
$216,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - One side is rented while the other is currently vacant on a dead-end street.
Where is this duplex located?
The property is located at 5814 Jenny Lind AVE Fort Smith, AR.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex with 1,639 square feet on a 0.38‑acre lot; Two bedrooms and one bathroom per side; One side rented; the other side currently vacant
