Two-Unit Brick
607 & 609 Lenora Street, Jacksonville, AR 72076
For Sale
$280,000
Multi-Family, Traditional, Jacksonville, AR
Property Size1,985 SF
Lot Size0.16 Acres
Price / SF$141.06
Days on Market50
Property Features for 607 & 609 Lenora Street
General Information
Property type
Property subtype
Interior features
Appliances
Subdivision
Lot features
High school
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Amenities
private laundry room
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Architectural style
Buildings
Listing Agency:
IRealty Arkansas - Sherwood
(501) 392-6298
Listed By:
Brenda Garcia
(501) 316-8340
Added: Sep 21
Changed: Nov 2
Last Checked: Nov 9 at 8:06PM
MLS# 26038360
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.
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Investment Insights
Based on property information with market context.
This 2024-built duplex contains 1,985 square feet across two residential units, each arranged with 2 bedrooms, 2 bathrooms, a private laundry room, and an open kitchen and living area. The all-brick exterior, shingle roof, laminate flooring, and primary bedrooms with private baths contribute to a straightforward, low-maintenance configuration. Each unit includes connections for a washer and electric dryer, along with a free-standing stove and dishwasher.
Set on a 0.16-acre corner lot at 607 & 609 Lenora Street in Jacksonville, the property includes a parking pad sized for up to 4 vehicles and offers quick access to the highway. The two-unit layout supports separate occupancy under one roof, with each residence providing its own bedroom, bath, kitchen, living, and laundry functions.
Set on a 0.16-acre corner lot at 607 & 609 Lenora Street in Jacksonville, the property includes a parking pad sized for up to 4 vehicles and offers quick access to the highway. The two-unit layout supports separate occupancy under one roof, with each residence providing its own bedroom, bath, kitchen, living, and laundry functions.
Key Highlights
- Two‑unit duplex completed in 2024
- 1,985 square feet across two units
- Each unit has 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,682
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,640
$333.6K
Cap Rate 7%
$238,314
$238.3K
Cap Rate 9%
$185,356
$185.4K
Market Conditions
NOI Build-Up for 1,985 SF
Gross rent
$25.5K $12.84/SF
− Vacancy
−$1.7K −$0.83/SF
EGI
$23.8K $12.01/SF
− OpEx
−$7.1K −$3.60/SF
NOI
$16.7K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,640
Cap Rate 7%
$238,314
Cap Rate 9%
$185,356
Alternative Uses
Best Use
Multifamily LT 5
$238.3K
$208.5K – $278.0K
NOI $16,682 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$213.3K
$186.7K – $248.9K
NOI $14,933 @ 7.0% cap · market cap 5.33%
Theoretical Best
Specialty Retail
$378.6K
$331.3K – $441.8K
NOI $26,505 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
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Business Placement
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Jacksonville, AR
Properties on Market for Duplexes in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New-construction duplex with private laundry rooms, open living areas, and parking for multiple vehicles.
Where is this duplex located?
The property is located at 607 & 609 Lenora Street Jacksonville, AR.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2024; 1,985 square feet across two units; Each unit has 2 bedrooms and 2 bathrooms
