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Duplex with Garage Parking
New
For Sale
$389,000

701-703 Glendale Lane, Rogers, AR 72756

Residential, Rogers, AR

Property Size2,400 SF
Lot Size0.23 Acres
Price / SF$162.08
Days on Market2

Property Features for 701-703 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 Electric, Central Air
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 Last Checked: Oct 7 at 2:06AM
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 in Rogers was built in 1993 and occupies a 0.23-acre lot. A replacement roof was installed in September 2026. The property has a patio, privacy fencing, and both garage and open parking. Interior finishes include carpet, vinyl, and tile, with central heating and cooling.

The sale is subject to the existing rental agreements and the rights and obligations of the tenants. Public water and sewer serve the property.

Key Highlights

  • 2,400 square feet on a 0.23‑acre lot
  • Roof installed in September 2026
  • Built in 1993

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 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
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 - The property is subject to existing rental agreements and tenant rights and obligations.
Where is this duplex located?
The property is located at 701-703 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 feet on a 0.23‑acre lot; Roof installed in September 2026; Built in 1993
More about this property
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