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Updated Duplex
For Sale
$295,000

600 Jill Circle, Springdale, AR 72762

Residential, Springdale, AR

Property Size1,984 SF
Lot Size0.34 Acres
Price / SF$148.69
Days on Market146

Property Features for 600 Jill Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2
Parking features Garage
Exterior features ConcreteDriveway
Appliances GasWaterHeater
Subdivision Neff Sub Ph V
Lot features Cleared, Level
Directions From I-49 - Exit 73 (Elm Springs) - Head East - turn left of Thomas - Left on Jill Circle - Duplex on the left
Standard status Active
APN 815-23868-000
Size 1,984 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description Lot 16 block 1 of Neff S/D Phase V
Tax Annual Amount 1460
Legal Description Lot 16 block 1 of Neff S/D Phase V

Utilities

Heating system Natural Gas, Central
Cooling system Central Air, Electric

Building Details

Year built 1973
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Brick
Roof type Asphalt, Shingle
Listing Agency: Realty Concepts
Listed By: Trent Ward · License #SA00060525
Added: May 20 Changed: Oct 9 Last Checked: Oct 12 at 9:06PM
MLS# 1348155

Copyright © 2026 ArkansasONE MLS. 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 1,984-square-foot duplex was built in 1973 and has brick construction. Interior work includes new cabinets and flooring in one unit, with newer flooring in the other. The property has a garage and concrete driveway, plus central heating fueled by natural gas and central electric air conditioning. An asphalt shingle roof was installed in 2026.

The property occupies a 0.3356-acre lot in Springdale, Arkansas.

Key Highlights

  • 1,984 square feet across a duplex
  • 0.3356‑acre lot in Springdale, Arkansas
  • One unit has new cabinets and flooring; the second has newer flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,855
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,100 $357.1K
Cap Rate 7%
$255,071 $255.1K
Cap Rate 9%
$198,389 $198.4K
Market Conditions
NOI Build-Up for 1,984 SF
Gross rent
$27.4K $13.80/SF
− Vacancy
−$1.9K −$0.94/SF
EGI
$25.5K $12.86/SF
− OpEx
−$7.7K −$3.86/SF
NOI
$17.9K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,100
Cap Rate 7%
$255,071
Cap Rate 9%
$198,389

Alternative Uses

Best Use
Multifamily LT 5
$255.1K
$223.2K – $297.6K (±1% cap)
NOI $17,855 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$225.7K
$197.5K – $263.3K (±1% cap)
NOI $15,797 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$532.5K
$466.0K – $621.3K (±1% cap)
NOI $37,278 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby

Demographics for 72762, AR

42,175
Population
17,270
Households
2.4
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
58.1 sq mi
ZIP Area
726
Density / Sq Mi
$80,678
Median Household Income
$42,066
Median Earnings
$1,118
Median Rent
$278,600
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One residence features replacement cabinets and flooring, while the other has newer flooring.
Where is this duplex located?
The property is located at 600 Jill Circle Springdale, AR.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,984 square feet across a duplex; 0.3356‑acre lot in Springdale, Arkansas; One unit has new cabinets and flooring; the second has newer flooring
More about this property
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