Four-Unit Multifamily
For Sale
$795,000
709 and 711 E Northbrook DR Unit #A & B, Van Buren, AR 72956
Multifamily, Traditional, Van Buren, AR
Property Size3,876 SF
Lot Size15.42 Acres
Price / SF$205.11
Days on Market9
Property Features for 709 and 711 E Northbrook DR Unit #A & B
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Garage - Attached
Patio and Porch features
Porch
Appliances
Countertop, Dishwasher, Range, Refrigerator
Lot features
Not In Subdivision, Out of City, South Facing, View
Elementary school
Van Buren
Middle school
Van Buren
High school
Van Buren
Elementary school district
Van Buren
Middle school district
Van Buren
High school district
Van Buren
Directions
From Walmart in Van Buren - Head north on AR-59 N/Fayetteville Rd, then turn right onto E Northbrook Dr. The property will be on the left.
Standard status
Active
APN
001-04823-002
Size
3,876 SF
Lot size
15.42 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
PER DOC #2005013161 FILED 10/18/2005 PART OF THE SOUTHWEST QUARTER OF THE NORTHEAST QUARTER OF SECTION 1, TOWNSHIP 9 NORTH, RANGE 32 WEST, CRAWFORD COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SAID SOUTHWE
Tax Annual Amount
2536
Legal Description
PER DOC #2005013161 FILED 10/18/2005 PART OF THE SOUTHWEST QUARTER OF THE NORTHEAST QUARTER OF SECTION 1, TOWNSHIP 9 NORTH, RANGE 32 WEST, CRAWFORD COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SAID SOUTHWE
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water front features
Pond
Amenities
covered front porch
pond
Building Details
Year built
2006
Floors in Building
1
Number of units
4
Flooring type
Carpet, Tile - Ceramic, Laminate
Roof type
Shingle
Architectural style
Other
Buildings
2
Listing Agency:
Keller Williams Platinum Realty · Keller Williams Realty
Listed By:
Linda Chambers · License #SA00088615
(479) 434-3000
Added: Oct 26
Changed: Oct 30
Last Checked: Nov 3 at 9:06AM
MLS# 1092652
Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Two duplexes contain four rental units across 3,876 square feet on 15.42 acres. Each unit has two bedrooms, one-and-a-half bathrooms, an attached one-car garage, and a covered front porch. The property was built in 2006; central heating and air conditioning serve the units. Kitchens include a range, refrigerator, dishwasher, and countertop appliances. Flooring includes carpet, laminate, and ceramic tile.
A gate and driveway at the north end connect to Highway 59, with the drive extending across the property to its east end. The land includes a pond and views west toward the Ouachita Mountains and River Valley. Van Buren shopping, restaurants, schools, and Interstate 40 are approximately 1.6 miles away.
All four units are occupied by long-term tenants on month-to-month leases.
A gate and driveway at the north end connect to Highway 59, with the drive extending across the property to its east end. The land includes a pond and views west toward the Ouachita Mountains and River Valley. Van Buren shopping, restaurants, schools, and Interstate 40 are approximately 1.6 miles away.
All four units are occupied by long-term tenants on month-to-month leases.
Key Highlights
- 15.42 acres with four rental units in two duplexes
- Each unit has 2 bedrooms, 1.5 bathrooms, and an attached one‑car garage
- All four units are occupied by long‑term tenants on month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,842
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,840
$476.8K
Cap Rate 7%
$340,600
$340.6K
Cap Rate 9%
$264,911
$264.9K
Market Conditions
NOI Build-Up for 3,876 SF
Gross rent
$46.5K $12.00/SF
− Vacancy
−$3.2K −$0.82/SF
EGI
$43.3K $11.18/SF
− OpEx
−$19.5K −$5.03/SF
NOI
$23.8K $6.15/SF
Area
Crawford County, AR
Vacancy
6.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,840
Cap Rate 7%
$340,600
Cap Rate 9%
$264,911
Alternative Uses
Best Use
Apartment 5plus
$340.6K
$298.0K – $397.4K
NOI $23,842 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$743.1K
$650.2K – $867.0K
NOI $52,019 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
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Business Placement
Demographics for 72956, AR
33,870
Population
14,119
Households
2.4
Avg Household Size
39
Median Age
19%
College-Educated
87%
High-School Grad
103.8 sq mi
ZIP Area
326
Density / Sq Mi
$60,387
Median Household Income
$33,894
Median Earnings
$825
Median Rent
$177,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two duplexes provide occupied rental housing with attached garages and covered front porches.
Where is this multifamily property located?
The property is located at 709 and 711 E Northbrook DR Unit #A & B Van Buren, AR.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 15.42 acres with four rental units in two duplexes; Each unit has 2 bedrooms, 1.5 bathrooms, and an attached one‑car garage; All four units are occupied by long‑term tenants on month‑to‑month leases
