Well-Maintained Duplex in Prime
600/602 N 37th Street Rogers, AR 72756
600/602 N 37th Street, Rogers, AR, 72756
$468,000
For Sale
$468,000
Duplex near schools, shopping, and trails with income potential.
Property Size2,780 SF
Price / SF$168.35
Days on Market217
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 Agency
Better Homes and Gardens Real Estate Journey Bento
(479) 616-3369
Listed by
Ben Fox · License #EB00058066
(479) 616-3369
Source
Exitrealty
Added: Dec 12, 2025 Checked: Jul 17 at 5:31 am
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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 5.42%
Second Best
Apartment 5plus
$323.5K
$283.0K – $377.4K
NOI $22,642 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$764.0K
$668.5K – $891.3K
NOI $53,477 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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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 $468,000.
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.
