Three-Unit Triplex With
For Sale
$975,000
774 776 778 N Wordsworth Ln, Fayetteville, AR 72704
Three vacant residences offer four-bedroom, three-bath layouts with attached garages.
Property Size6,375 SF
Price / SF$152.94
Days on Market62
Property Features for 774 776 778 N Wordsworth Ln
General Information
Standard status
Active
Size
6,375 SF
Total Parking Spaces
6
Property subtype
Multi-Family
Units
Unit Mix
3 x 4BR/3BA
Multifamily Units
3
Parking per Unit
2
Additional Details
Public Transit
Yes
Building Details
Year Built
2014
Buildings
1
Listing Agency:
Keller Williams Market Pro Realty
Listed By:
Motus Group
(479) 718-2800
Source:
Thebesthomeprice
Added: Aug 17
Changed: Oct 3
Last Checked: Oct 7 at 3:32PM
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 Keller Williams Market Pro Realty
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.
Built in 2014, this 6,375-square-foot triplex contains three separate residences, each with a four-bedroom, three-bath floor plan and an attached two-car garage. All units are vacant, providing flexibility for a new leasing strategy. The layouts are suited to the rent-by-the-room student housing model or to family-oriented residential leasing.
The property is located at 774, 776, and 778 N Wordsworth Ln in Fayetteville, immediately adjacent to the Razorback Transit Bus Line. Transit service provides direct access to the University of Arkansas campus. Local schools, shopping districts, and dining destinations are also nearby, adding convenience for prospective residents across multiple tenant profiles.
The property is located at 774, 776, and 778 N Wordsworth Ln in Fayetteville, immediately adjacent to the Razorback Transit Bus Line. Transit service provides direct access to the University of Arkansas campus. Local schools, shopping districts, and dining destinations are also nearby, adding convenience for prospective residents across multiple tenant profiles.
Key Highlights
- Three‑unit triplex with 6,375 square feet, built in 2014
- All three units are vacant
- Each unit has 4 bedrooms and 3 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,370
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,400
$1.1M
Cap Rate 7%
$819,571
$819.6K
Cap Rate 9%
$637,444
$637.4K
Market Conditions
NOI Build-Up for 6,375 SF
Gross rent
$88.0K $13.80/SF
− Vacancy
−$6.0K −$0.94/SF
EGI
$82.0K $12.86/SF
− OpEx
−$24.6K −$3.86/SF
NOI
$57.4K $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 Rate 5%
$1,147,400
Cap Rate 7%
$819,571
Cap Rate 9%
$637,444
Alternative Uses
Best Use
Multifamily LT 5
$819.6K
$717.1K – $956.2K
NOI $57,370 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$725.1K
$634.5K – $846.0K
NOI $50,759 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,781 @ 7.0% cap · market cap 12.29%
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
3
Residential units
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
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?
Triplex - Three vacant residences offer four-bedroom, three-bath layouts with attached garages.
Where is this triplex located?
The property is located at 774 776 778 N Wordsworth Ln Fayetteville, AR.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Three‑unit triplex with 6,375 square feet, built in 2014; All three units are vacant; Each unit has 4 bedrooms and 3 bathrooms
