All-Brick Duplex with Two-Car
For Sale
$449,000
75 & 81 W Dakota Trail, Farmington, AR 72730
MULTI_FAMILY - Farmington, AR
Property Size3,292 SF
Lot Size0.42 Acres
Price / SF$136.39
Days on Market181
Property Features for 75 & 81 W Dakota Trail
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 2
Parking features
Garage, Open
Exterior features
ConcreteDriveway
Fencing
Privacy
Appliances
ElectricWaterHeater
Subdivision
South Haven Ph Iii
Lot features
Level, Near Park, Subdivision
Elementary school district
Farmington
Middle school district
Farmington
High school district
Farmington
Directions
From I49 head west on MLK to Farmington. Turn left on Locust and continue on to Dakota Trail. Duplex will be on the right.
Standard status
Active
APN
760-02623-000
Size
3,292 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Description
Subdivision: SOUTH HAVEN PH III Block/Lot: N/A / 023 S-T-R: 26-16-31
Tax Annual Amount
3232
Legal Description
Subdivision: SOUTH HAVEN PH III Block/Lot: N/A / 023 S-T-R: 26-16-31
Utilities
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Amenities
fully fenced backyards
Building Details
Year built
2004
Floors in Building
1
Number of units
2
Flooring type
Carpet, Wood, Tile
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency:
Exit Realty Harper Carlton Group
(479) 372-6246
Listed By:
Beth Plumlee · License #SA00080917
(479) 200-4169
Added: Feb 20
Changed: Aug 4
Last Checked: Aug 20 at 7:06PM
MLS# 1336747
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 all-brick duplex offers a split, resident-friendly layout with two matching units. Each side features a large 3-bedroom, 2-bath floor plan with central heating and cooling. Parking and storage are handled with a dedicated 2-car garage per unit, plus off-street access from a concrete driveway. The homes include a mix of carpet, wood, and tile flooring, and electric water heating with natural gas heat.
Built in 2004, the property sits on a 0.4239-acre lot and totals 3,292 square feet. Exterior materials include brick and vinyl siding, with a shingle roof. Privacy fencing surrounds the backyards, creating a secure outdoor area.
Ideal for investors seeking a duplex format or owner-occupants who want space and privacy, this property combines low-maintenance exterior materials with practical on-site parking and a fenced yard setup for both sides.
Built in 2004, the property sits on a 0.4239-acre lot and totals 3,292 square feet. Exterior materials include brick and vinyl siding, with a shingle roof. Privacy fencing surrounds the backyards, creating a secure outdoor area.
Ideal for investors seeking a duplex format or owner-occupants who want space and privacy, this property combines low-maintenance exterior materials with practical on-site parking and a fenced yard setup for both sides.
Key Highlights
- 0.4239‑acre lot with 3,292 square feet total living area
- Built in 2004 with brick and vinyl siding exterior and shingle roof
- Two 3‑bedroom, 2‑bath units with central heating and central air
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,626
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$592,520
$592.5K
Cap Rate 7%
$423,229
$423.2K
Cap Rate 9%
$329,178
$329.2K
Market Conditions
NOI Build-Up for 3,292 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.4K $13.80/SF
− Vacancy
−$3.1K −$0.94/SF
EGI
$42.3K $12.86/SF
− OpEx
−$12.7K −$3.86/SF
NOI
$29.6K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$592,520
Cap Rate 7%
$423,229
Cap Rate 9%
$329,178
Alternative Uses
Best Use
Multifamily LT 5
$423.2K
$370.3K – $493.8K
NOI $29,626 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$374.5K
$327.7K – $436.9K
NOI $26,212 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$883.6K
$773.2K – $1.03M
NOI $61,854 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Explore this area
Business Placement
Demographics for 72730, AR
9,624
Population
4,017
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
463
Density / Sq Mi
$88,780
Median Household Income
$45,652
Median Earnings
$1,225
Median Rent
$244,900
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 - Two 3-bedroom, 2-bath units with central heating and cooling, each with an attached two-car garage and fenced backyards.
Where is this duplex located?
The property is located at 75 & 81 W Dakota Trail Farmington, AR.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 0.4239‑acre lot with 3,292 square feet total living area; Built in 2004 with brick and vinyl siding exterior and shingle roof; Two 3‑bedroom, 2‑bath units with central heating and central air
