Turn-Key Brick
795 - 797 S Dockery Lane Fayetteville, AR 72701
For Sale
$299,700
MULTI_FAMILY - Other - Fayetteville, AR
Property Size1,637 SF
Lot Size0.43 Acres
Price / SF$183.08
Days on Market11
Property Features for 795 - 797 S Dockery Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
Parking features
Carport, Covered
Exterior features
GravelDriveway
Appliances
Dryer, ExhaustFan, GasCooktop, GasOven, GasWaterHeater, Refrigerator, Washer
Standard status
Active
APN
765-15210-000
Size
1,637 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Description
PT NE NW 0.432 AC (ALSO EASEMENT) FURTHER DESCRIBED IN 2016-34424 AS: PART OF THE NORTHEAST QUARTER (NW 1/4) OF THE NORTHWEST QUARTER (NW 1/4) OF SECTION TWENTY-THREE (23), TOWNSHIP SIXTEEN (16) NORTH, RANGE THIRTY (30) WEST, MORE PARTICULARLY DESCRI BED
Tax Annual Amount
1673
Utilities
Heating system
Central, Natural Gas
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet, Tile
Building materials
Brick
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
Coldwell Banker Harris McHaney & Faucette -Fayette
(479) 521-0220
Listed By:
Whitney Morgan · License #SA00057941
(479) 236-0050
Added: Jul 20
Changed: Jul 28
Last Checked: Jul 30 at 4:06AM
MLS# 1355456
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 turn-key duplex features all-brick construction with two bedrooms and one full bath on each side. Each unit includes a refrigerator and stacked washer/dryer, and both sides have updated electric service. Recent improvements include a new roof in fall 2020, updated sewer service in 2021, and newer Samsung stacked washer/dryers in both units.
The property is situated on an approximately 0.432-acre tract and includes a covered carport for each unit, along with additional parking in the rear. Tenants pay all utilities.
Unit #795 includes a recent refrigerator, range/oven, and hot water heater. Unit #797 has a new range/oven and refrigerator, and is noted as having new carpet and flooring being installed.
The property is situated on an approximately 0.432-acre tract and includes a covered carport for each unit, along with additional parking in the rear. Tenants pay all utilities.
Unit #795 includes a recent refrigerator, range/oven, and hot water heater. Unit #797 has a new range/oven and refrigerator, and is noted as having new carpet and flooring being installed.
Key Highlights
- All‑brick duplex built in 1970 with 2 bedrooms and 1 full bath on each side
- Updated electric service on both sides this year; tenants pay all utilities
- New roof installed fall 2020; updated sewer service in 2021
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.6k | $13.80 |
| − Vacancy | −$1.5k | −$0.94 |
| EGI | $21.0k | $12.86 |
| − OpEx | −$6.3k | −$3.86 |
| NOI | $14.7k | $9.00 |
1,637 SF · lease $13.80/SF/yr · vacancy 6.84% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$210.5K
$184.2K – $245.5K
NOI $14,732 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$186.2K
$162.9K – $217.2K
NOI $13,034 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$439.4K
$384.5K – $512.6K
NOI $30,758 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - All-brick duplex with two bedrooms and a full bath on each side, featuring covered carports and updated utilities.
Where is this duplex located?
The property is located at 795 - 797 S Dockery Lane Fayetteville, AR.
What is the asking price?
The asking price for this property is $299,700.
What are key features of this property?
This property features: All‑brick duplex built in 1970 with 2 bedrooms and 1 full bath on each side; Updated electric service on both sides this year; tenants pay all utilities; New roof installed fall 2020; updated sewer service in 2021
