Duplex with Updated
For Sale
$350,000
707 S 7th St, Rogers, AR 72756
Two separate residences offer a three-bedroom layout in front and a two-bedroom layout at the rear.
Property Size1,777 SF
Price / SF$196.96
Days on Market57
Property Features for 707 S 7th St
General Information
Standard status
Active
Size
1,777 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1965
Listing Agency:
Listwithfreedom.Com, Inc
Listed By:
Patriot Company Real Estate
(479) 439-1933
Source:
Patriotcompany
Added: Aug 21
Changed: Oct 15
Last Checked: Oct 16 at 8:40AM
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 Listwithfreedom.Com, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex is configured as two separate homes within one property. The front residence includes three bedrooms and two bathrooms, while the rear residence provides two bedrooms and one full bathroom. The property has a 1,777 property size and was built in 1965.
Recent improvements include a roof that is one year old, along with new siding, windows, HVAC, and a water heater. The property is located near downtown Rogers, with restaurants, shops, parks, and trails in the surrounding area.
Recent improvements include a roof that is one year old, along with new siding, windows, HVAC, and a water heater. The property is located near downtown Rogers, with restaurants, shops, parks, and trails in the surrounding area.
Key Highlights
- Two separate homes within one duplex property
- Front residence includes 3 beds and 2 baths
- Rear residence offers 2 beds and 1 full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,220
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,400
$324.4K
Cap Rate 7%
$231,714
$231.7K
Cap Rate 9%
$180,222
$180.2K
Market Conditions
NOI Build-Up for 1,777 SF
Gross rent
$24.5K $13.80/SF
− Vacancy
−$1.4K −$0.76/SF
EGI
$23.2K $13.04/SF
− OpEx
−$7.0K −$3.91/SF
NOI
$16.2K $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%
$324,400
Cap Rate 7%
$231,714
Cap Rate 9%
$180,222
Alternative Uses
Best Use
Multifamily LT 5
$231.7K
$202.8K – $270.3K
NOI $16,220 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$206.8K
$180.9K – $241.2K
NOI $14,473 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$488.3K
$427.3K – $569.7K
NOI $34,183 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
1,223
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a three-bedroom layout in front and a two-bedroom layout at the rear.
Where is this duplex located?
The property is located at 707 S 7th St Rogers, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two separate homes within one duplex property; Front residence includes 3 beds and 2 baths; Rear residence offers 2 beds and 1 full bath
