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Duplex with Garage Parking
New
For Sale
$389,000

701-703 E Glendale Lane, Rogers, AR 72758

Residential, Rogers, AR

Property Size2,400 SF
Lot Size0.23 Acres
Price / SF$162.08
Days on Market5

Property Features for 701-703 E Glendale Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Open, Garage
Patio and Porch features Patio
Exterior features ConcreteDriveway
Fencing Privacy
Appliances ElectricOven, ElectricRange, Disposal, GasWaterHeater, Refrigerator, RangeHood
Subdivision Glendale Addn
Lot features Central Business District, Cleared, Level, Near Park, Subdivision
Directions From 49 take New Hope Road east to Old Wire, Right on Old Wire, Right on Glendale Lane, Duplex is on the right before the corner.
Standard status Active
APN 02-11850-000
Size 2,400 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description Lot 6, Bk1, Glendale Addn. STR 19-19-29
Tax Annual Amount 2150
Legal Description Lot 6, Bk1, Glendale Addn. STR 19-19-29

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1993
Floors in Building 1
Number of units 2
Flooring type Tile, Carpet, Vinyl
Building materials AluminumSiding, Brick
Roof type Shingle, Asphalt
Architectural style Other
Listing Agency: REMAX Real Estate Results · RE/MAX International
Listed By: Mahmoud Chitsazan · License #SA00087103
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 10 at 5:06AM
MLS# 1363969

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.

This 2,400-square-foot duplex was built in 1993 and occupies a 0.23-acre lot. The property has a patio, privacy fencing, a concrete driveway, and garage and open parking. Interior equipment includes an electric oven and range, refrigerator, range hood, and disposal. Heating and cooling are central, with natural gas heat and electric air conditioning.

Public water and sewer serve the property. The shingle and asphalt roof was replaced in September 2026. The sale is subject to current rental agreements and the associated tenant rights and obligations.

Key Highlights

  • 2,400‑square‑foot duplex on a 0.23‑acre lot
  • Built in 1993
  • Roof replaced in September 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,907
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,140 $438.1K
Cap Rate 7%
$312,957 $313.0K
Cap Rate 9%
$243,411 $243.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$33.1K $13.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$31.3K $13.04/SF
− OpEx
−$9.4K −$3.91/SF
NOI
$21.9K $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 Rate 5%
$438,140
Cap Rate 7%
$312,957
Cap Rate 9%
$243,411

Alternative Uses

Best Use
Multifamily LT 5
$313.0K
$273.8K – $365.1K (±1% cap)
NOI $21,907 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$279.2K
$244.3K – $325.8K (±1% cap)
NOI $19,547 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$659.5K
$577.1K – $769.5K (±1% cap)
NOI $46,168 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service (Bike/Boat/Book/etc) Store Daycare Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 72758, AR

45,105
Population
18,145
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
88%
High-School Grad
31.3 sq mi
ZIP Area
1,441
Density / Sq Mi
$94,605
Median Household Income
$49,856
Median Earnings
$1,300
Median Rent
$358,200
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

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

What type of property is this?
Duplex - Existing rental agreements remain in place, with tenant rights and obligations continuing through the sale.
Where is this duplex located?
The property is located at 701-703 E Glendale Lane Rogers, AR.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 2,400‑square‑foot duplex on a 0.23‑acre lot; Built in 1993; Roof replaced in September 2026
More about this property
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