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Updated Duplex with Two Homes
For Sale
$350,000

707 S 7th Street, Rogers, AR 72756

Residential, Rogers, AR

Property Size1,777 SF
Lot Size0.15 Acres
Price / SF$196.96
Days on Market50

Property Features for 707 S 7th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2
Parking features On Street
Exterior features GravelDriveway
Appliances ElectricCooktop, ElectricWaterHeater, Disposal, Microwave, SmoothCooktop, TrashCompactor
Subdivision Duckworths Add Rogers
Lot features Central Business District, Cleared, City Lot, Industrial Park, Near Park
Directions From 71 Business and 8th St, go east on Oak St, turn left on 7th St. House is on the right side.
Standard status Active
APN 02-04027-000
Size 1,777 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description W 122' L 21/3
Tax Annual Amount 2069
Legal Description W 122' L 21/3

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1965
Floors in Building 1
Number of units 2
Flooring type Tile, Wood, Carpet
Building materials WoodSiding
Roof type Shingle, Asphalt
Listing Agency: Fathom Realty
Listed By: Nora Merlos · License #SA00075199
Added: Aug 19 Changed: Sep 13 Last Checked: Oct 7 at 5:06AM
MLS# 1359477

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 duplex contains 1,777 square feet arranged as two separate residences. The front home includes three bedrooms and two bathrooms, while the rear home provides two bedrooms and one full bathroom. Improvements include a roof approximately one year old, new siding, replacement windows, HVAC, and a water heater. Interior finishes include carpet, wood, and tile flooring, with central heating and central air conditioning.

The property occupies 0.15 acres at 707 S 7th Street in Rogers, Arkansas. Parking is available on the street, and the site has a gravel driveway. Its location places the property near downtown Rogers, restaurants, shops, parks, and trails.

Key Highlights

  • Two separate residences within a 1,777‑square‑foot duplex
  • Front home with 3 bedrooms and 2 bathrooms
  • Rear home with 2 bedrooms and 1 full bathroom

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 (±1% cap)
NOI $16,220 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$206.8K
$180.9K – $241.2K (±1% cap)
NOI $14,473 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$488.3K
$427.3K – $569.7K (±1% cap)
NOI $34,183 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Storage Facility Plumbing Service Butcher

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

1,223
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately configured residences offer flexible owner-occupant or rental use near downtown Rogers.
Where is this duplex located?
The property is located at 707 S 7th Street 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 residences within a 1,777‑square‑foot duplex; Front home with 3 bedrooms and 2 bathrooms; Rear home with 2 bedrooms and 1 full bathroom
More about this property
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