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New Construction Duplex With 1-Car Garages
For Sale
$489,950
Pending

6304 & 6306 Kathleen Street, Bentonville, AR 72713

MULTI_FAMILY - Bentonville, AR

Property Size2,502 SF
Lot Size0.21 Acres
Days on Market98

Property Features for 6304 & 6306 Kathleen Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 4
Parking features Open, Garage
Exterior features ConcreteDriveway
Appliances Dryer, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
Subdivision Woodward Park Ph Ii Highfill
Lot features Cleared, Subdivision
Elementary school district Bentonville
Middle school district Bentonville
High school district Bentonville
Directions From Hwy 12/Regional Airport Rd, W Onto Vaughn Rd, S Onto Wagner, W Onto 65th, S Onto Kathleen.
Standard status Pending
APN 22-01473-000
Size 2,502 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description PLAT 11/3/2023 L202357176 & EMST PLAT 8/17/2023 L202342320(SEE ADMIN NTS)
Tax Annual Amount 4472
Legal Description PLAT 11/3/2023 L202357176 & EMST PLAT 8/17/2023 L202342320(SEE ADMIN NTS)

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2025
Floors in Building 1
Number of units 2
Flooring type Vinyl, Tile, Carpet
Building materials Brick, VinylSiding
Roof type Shingle
Listing Agency: NextHome NWA Pro Realty
Listed By: Patrick Kuhlman · License #SA00074566
Added: May 19 Changed: Aug 3 Last Checked: Aug 24 at 8:06PM
MLS# 1347832

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.

New construction duplex built in 2025 on a 0.21-acre lot, offered occupied with both sides leased. Each unit includes three bedrooms, two bathrooms, and a 1-car garage. The property totals 2,502 SF and features central heating and central air conditioning. Exterior materials include brick and vinyl siding, with a shingle roof and a concrete driveway.

Interior finishes include vinyl, carpet, and tile flooring. Appliances listed include a refrigerator, electric range, microwave, disposal, electric water heater, washer, and dryer. Parking is provided with garage and open spaces.

The duplex is being presented as already earning with zero days on market wasted finding tenants. Showings are restricted without an accepted contract.

Key Highlights

  • Built in 2025 duplex at 6304 & 6306 Kathleen Street, Bentonville
  • Occupied with both units leased; no showings without an accepted contract
  • Each side offers 3 bedrooms, 2 bathrooms, and a 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,838
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.66%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$456,760 $456.8K
Cap Rate 7%
$326,257 $326.3K
Cap Rate 9%
$253,756 $253.8K
Market Conditions
NOI Build-Up for 2,502 SF 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.
Gross rent
$34.5K $13.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$32.6K $13.04/SF
− OpEx
−$9.8K −$3.91/SF
NOI
$22.8K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$456,760
Cap Rate 7%
$326,257
Cap Rate 9%
$253,756

Alternative Uses

Best Use
Multifamily LT 5
$326.3K
$285.5K – $380.6K (±1% cap)
NOI $22,838 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$291.1K
$254.7K – $339.6K (±1% cap)
NOI $20,378 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$687.6K
$601.6K – $802.2K (±1% cap)
NOI $48,130 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service Kitchen & Bath Showroom Florist Storage Facility

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 72713, AR

25,076
Population
10,752
Households
2.3
Avg Household Size
31
Median Age
58%
College-Educated
97%
High-School Grad
48.5 sq mi
ZIP Area
517
Density / Sq Mi
$117,752
Median Household Income
$72,491
Median Earnings
$1,302
Median Rent
$355,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Newly built, occupied duplex with central HVAC, brick and vinyl siding, and each side features three bedrooms and a 1-car garage.
Where is this duplex located?
The property is located at 6304 & 6306 Kathleen Street Bentonville, AR.
What is the asking price?
The asking price for this property is $489,950.
What are key features of this property?
This property features: Built in 2025 duplex at 6304 & 6306 Kathleen Street, Bentonville; Occupied with both units leased; no showings without an accepted contract; Each side offers 3 bedrooms, 2 bathrooms, and a 1‑car garage
More about this property
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