Remodeled Two-Unit
For Sale
$187,500
6102 N Woodview Drive, Sherwood, AR 72120
Tenant-occupied duplex with in-unit laundry and off-street parking.
Property Size1,974 SF
Price / SF$94.98
Days on Market87
Property Features for 6102 N Woodview Drive
General Information
Standard status
Active
Size
1,974 SF
Property subtype
Multi Family Home
Additional Details
Highway Access
Yes
Amenities
in unit laundry
Building Details
Year Built
1973
Tenancy
Multi
Listing Agency:
Crye-Leike Realtors Nlr Branch
(501) 680-4647
Listed By:
Brad Miles
(501) 680-4647
Source:
Proeliterealty
Added: May 7
Changed: Jul 31
Last Checked: Aug 1 at 12:00PM
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 Crye-Leike Realtors Nlr Branch
Investment Insights
Based on property information with market context.
Remodeled duplex with two residential units, each offering 2 bedrooms, 1 bathroom, and 987 square feet. Both units include in-unit laundry, off-street parking, and long-term tenants. Built in 1973, the property is positioned on a corner lot and provides a two-unit configuration for residential income use.
Located at 6102 N Woodview Drive in Sherwood, the property offers access to highways, restaurants, shopping, and hospital systems. The units are tenant occupied, and showings are subject to the stated access instructions.
Located at 6102 N Woodview Drive in Sherwood, the property offers access to highways, restaurants, shopping, and hospital systems. The units are tenant occupied, and showings are subject to the stated access instructions.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
- Each unit contains 987 sq ft
- Remodeled property built in 1973
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 | $25.3k | $12.84 |
| − Vacancy | −$1.6k | −$0.83 |
| EGI | $23.7k | $12.01 |
| − OpEx | −$7.1k | −$3.60 |
| NOI | $16.6k | $8.40 |
1,974 SF · lease $12.84/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$237.0K
$207.4K – $276.5K
NOI $16,589 @ 7.0% cap · market cap 8.85%
Second Best
Apartment 5plus
$212.1K
$185.6K – $247.5K
NOI $14,850 @ 7.0% cap · market cap 7.92%
Theoretical Best
Specialty Retail
$376.5K
$329.5K – $439.3K
NOI $26,358 @ 7.0% cap · market cap 14.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with in-unit laundry and off-street parking.
Where is this duplex located?
The property is located at 6102 N Woodview Drive Sherwood, AR.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; Each unit contains 987 sq ft; Remodeled property built in 1973
