Duplex with Existing Rental
For Sale
$189,900
619-621 Newcastle Dr, Sherwood, AR 72120
Residential, Traditional, Sherwood, AR
Property Size2,151 SF
Lot Size0.17 Acres
Price / SF$88.28
Days on Market393
Property Features for 619-621 Newcastle Dr
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Great Room, Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Appliances
Free-Standing Stove
Subdivision
Royal Manor
Lot features
Level
Directions
Take Kiehl to Newcastle
Standard status
Active
APN
23S-049-00-050-00
Size
2,151 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Blk5Lot15
Tax Annual Amount
1668
Legal Description
Blk5Lot15
Building Details
Year built
1973
Floors in Building
1
Flooring type
Vinyl, Carpet, Tile
Roof type
Composition
Architectural style
Other
Listing Agency:
CENTURY 21 Prestige Realty · Century 21 Real Estate
(501) 982-4574
Listed By:
John Belden Sr. · License #PB00068696
(501) 259-0555
Added: Sep 11, 2025
Changed: Oct 5
Last Checked: Oct 8 at 4:06AM
MLS# 25037169
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 duplex in Sherwood offers 2,151 square feet of residential space on a 0.17-acre lot. The interior layout includes five bedrooms, two bathrooms, and a great room, with tile, carpet, and vinyl flooring throughout the property. A free-standing stove is included, and the building has a composition roof.
Built in 1973, the property is currently rented and includes the room configuration and core features suited to its duplex classification. The location is 619-621 Newcastle Dr in Sherwood, Arkansas, within Pulaski County and ZIP Code 72120.
Built in 1973, the property is currently rented and includes the room configuration and core features suited to its duplex classification. The location is 619-621 Newcastle Dr in Sherwood, Arkansas, within Pulaski County and ZIP Code 72120.
Key Highlights
- Duplex with 2,151 square feet of property size
- Situated on a 0.17‑acre lot
- Currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,182
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,640
$323.6K
Cap Rate 7%
$231,171
$231.2K
Cap Rate 9%
$179,800
$179.8K
Market Conditions
NOI Build-Up for 2,151 SF
Gross rent
$31.2K $14.52/SF
− Vacancy
−$1.8K −$0.84/SF
EGI
$29.4K $13.68/SF
− OpEx
−$13.2K −$6.16/SF
NOI
$16.2K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,640
Cap Rate 7%
$231,171
Cap Rate 9%
$179,800
Alternative Uses
Best Use
Multifamily LT 5
$258.2K
$226.0K – $301.3K
NOI $18,077 @ 7.0% cap · market cap 9.52%
Second Best
Apartment 5plus
$231.2K
$202.3K – $269.7K
NOI $16,182 @ 7.0% cap · market cap 8.52%
Theoretical Best
Specialty Retail
$410.3K
$359.0K – $478.7K
NOI $28,721 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
253
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with established occupancy and a mix of tile, carpet, and vinyl flooring.
Where is this duplex located?
The property is located at 619-621 Newcastle Dr Sherwood, AR.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Duplex with 2,151 square feet of property size; Situated on a 0.17‑acre lot; Currently rented
