Well-Maintained Duplex in Prime
600/602 N 37th Street, Rogers, AR 72756
Duplex near schools, shopping, and trails with income potential.
Type:Multi Family
Property size:
2,780 SFPrice / SF:
$170/SF- Added:
- Dec 12, 2025
- Days on Market:
- 172
- Last Refresh:
- Apr 8 at 1:32 am
Property Features for 600/602 N 37th Street
General Information
- Standard status
- Active
- Size
- 2,780 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1990
Listing agent Ben Fox License #EB00058066 (479) 616-3369
Listing office Better Homes and Gardens Real Estate Journey Bento (479) 616-3369
Listing date Dec 12, 2025
Source Exitrealty
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 Better Homes and Gardens Real Estate Journey Bento
HighLights
- Strong income potential as an investment property or owner‑occupied rental.
- Prime location near schools, shopping, dining, and Downtown Rogers.
- Convenient access to biking and walking trails and a Nationally known Retail Campus.
- Well‑maintained duplex offering flexibility for various living arrangements.
- Each unit features a desirable split floor plan and functional living spaces.
- Built in 1990.
Overview
This well-maintained duplex presents an opportunity for investors or owner-occupants, offering flexibility to live in one unit while leasing the other, or renting both units for income. Each unit features a split floor plan and functional living spaces. The property is located near schools, shopping, dining, and Downtown Rogers, and is approximately one mile from biking and walking trails with access to a Retail Campus. The property size is 2780 square feet. This duplex is situated in a growing 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 | $38.4k | $13.80 |
| − Vacancy | −$2.1k | −$0.76 |
| EGI | $36.3k | $13.04 |
| − OpEx | −$10.9k | −$3.91 |
| NOI | $25.4k | $9.13 |
2,780 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$362.5K
$317.2K – $422.9K
NOI $25,375 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$323.5K
$283.0K – $377.4K
NOI $22,642 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$764.0K
$668.5K – $891.3K
NOI $53,477 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Rogers
- County
- Benton
- State
- Arkansas
- Longitude
- -94.170188
- Latitude
- 36.340212
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex near schools, shopping, and trails with income potential.
Where is this duplex located?
The property is located at 600/602 N 37th Street Rogers, AR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Strong income potential as an investment property or owner‑occupied rental.; Prime location near schools, shopping, dining, and Downtown Rogers.; Convenient access to biking and walking trails and a Nationally known Retail Campus.
