Duplex with Updated
New
For Sale
$389,000
701-703 Glendale Ln, Rogers, AR 72756
The property is subject to existing leases and the rights and obligations of its tenants.
Property Size2,400 SF
Price / SF$162.08
Days on Market4
Property Features for 701-703 Glendale Ln
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1993
Listing Agency:
Bassett Mix And Associates, Inc
Listed By:
Your NWA Home Group
(479) 366-3026
Source:
Yournwahome
Added: Oct 7
Last Checked: Oct 9 at 7:33PM
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 Bassett Mix And Associates, Inc
Investment Insights
Based on property information with market context.
Built in 1993, this 2,400-square-foot duplex received a roof replacement in September 2026. The property is being sold with its current rental agreements in place, subject to tenant rights and obligations.
The Rogers property is near shopping, restaurants, major employers, entertainment, and outdoor recreation.
The Rogers property is near shopping, restaurants, major employers, entertainment, and outdoor recreation.
Key Highlights
- 2,400‑square‑foot duplex built in 1993
- Roof installed in September 2026
- Sale is subject to existing rental agreements and tenant rights and obligations
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
NOI $21,907 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$279.2K
$244.3K – $325.8K
NOI $19,547 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$659.5K
$577.1K – $769.5K
NOI $46,168 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 72756, AR
41,875
Population
17,225
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
86%
High-School Grad
129.9 sq mi
ZIP Area
322
Density / Sq Mi
$70,900
Median Household Income
$37,510
Median Earnings
$914
Median Rent
$243,000
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 - The property is subject to existing leases and the rights and obligations of its tenants.
Where is this duplex located?
The property is located at 701-703 Glendale Ln 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 built in 1993; Roof installed in September 2026; Sale is subject to existing rental agreements and tenant rights and obligations
