Maintenance-Free Duplex Income
61 Cardinal Lane Cabot, AR 72023
COMMERCIAL - Cabot, AR
Property size:
4,374 SFLot size:
0.50 AcresPrice / SF:
$116/SF- Added:
- May 19, 2026
- Days on Market:
- 53
- Last Refresh:
- Jul 10 at 5:06 pm
Property Features for 61 Cardinal Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 8
- Interior features
- Smoke Detector, Kitchen Area, Living Area, Ceiling Fans, In-Unit Bathroom, Showers
- Standard status
- Active
- Size
- 4,374 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Description
- In Office.
- Tax Annual Amount
- 3021
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Shingle
Listing agent Cole Arnett (501) 259-5508
Listing office Arnett Realty & Investments 903 B W Main St, Cabot, AR (501) 843-1515
Listing date May 19, 2026
MLS# 26020162
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.
Investment Insights
Based on property information with market context.
This for-sale property consists of two maintenance-free duplex buildings. Each unit is configured with two bedrooms and two full bathrooms, along with a large open floor plan. The design includes covered back patios and ample parking, supporting convenient tenant day-to-day use.
The duplexes are located near retail, shopping, and entertainment, and are described as within walking distance of elementary, middle, and junior high schools. The lot size is listed as 0.5 acres, and the total property size is 4,374 square feet.
For buyers seeking a residential income asset, the consistent two-bedroom, two-bath unit mix and covered patio features may appeal to tenants who want functional, open living spaces and outdoor coverage. With parking and patio access included for each unit, the property is positioned as a straightforward duplex offering within a connected local amenities area.
The duplexes are located near retail, shopping, and entertainment, and are described as within walking distance of elementary, middle, and junior high schools. The lot size is listed as 0.5 acres, and the total property size is 4,374 square feet.
For buyers seeking a residential income asset, the consistent two-bedroom, two-bath unit mix and covered patio features may appeal to tenants who want functional, open living spaces and outdoor coverage. With parking and patio access included for each unit, the property is positioned as a straightforward duplex offering within a connected local amenities area.
Key Highlights
- 2006‑built maintenance‑free duplexes
- Each unit offers 2 bedrooms and 2 full baths
- Large open floor plans with a kitchen area and living 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 | $60.4k | $13.80 |
| − Vacancy | −$3.3k | −$0.76 |
| EGI | $57.0k | $13.04 |
| − OpEx | −$17.1k | −$3.91 |
| NOI | $39.9k | $9.13 |
4,374 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$570.4K
$499.1K – $665.4K
NOI $39,925 @ 7.0% cap · market cap 7.84%
Second Best
Apartment 5plus
$505.0K
$441.9K – $589.2K
NOI $35,352 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$890.6K
$779.3K – $1.04M
NOI $62,340 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two duplexes offer two-bedroom, two-bath layouts with covered back patios and ample parking for tenants.
Where is this duplex located?
The property is located at 61 Cardinal Lane Cabot, AR.
What is the asking price?
The asking price for this property is $509,000.
What are key features of this property?
This property features: 2006‑built maintenance‑free duplexes; Each unit offers 2 bedrooms and 2 full baths; Large open floor plans with a kitchen area and living area
