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Brick Turn-Key Duplex

795 - 797 S Dockery Lane Fayetteville, AR 72701

New
795 - 797 S Dockery Lane, Fayetteville, AR, 72701
$299,700
For Sale
$299,700

MULTI_FAMILY - Other - Fayetteville, AR

Property Size1,637 SF
Lot Size0.43 Acres
Price / SF$183.08
Days on Market3

Property Features for 795 - 797 S Dockery Lane

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3
Parking features
Covered, Carport
Exterior features
GravelDriveway
Appliances
Dryer, ExhaustFan, ElectricOven, GasCooktop, Disposal, 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
Carpet, Tile, Vinyl
Building materials
Brick
Roof type
Shingle, Asphalt
Architectural style
Other
Listing agency Coldwell Banker Harris McHaney & Faucette -Fayette
Listed by Whitney Morgan · License #SA00057941
Added: Jul 20 Checked: Jul 22 at 3:06AM
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.

Solid, spacious, turn-key all-brick duplex. Each side features two bedrooms and one full bathroom, with included fridges, washers, and dryers. The electric service on both sides was updated this year. The property has a new roof from fall 2020, and updated sewer service from 2021. Appliance and finish updates are underway on one side, including a new range/oven and fridge, along with kitchen flooring; the other side has had recent appliances.

The duplex is located on approximately a 0.432-acre tract. Each unit includes a covered carport, with additional parking available in the rear. Tenants are responsible for all utilities.

The property is set up as two separate living units within one building, offering a straightforward owner-occupant and rental arrangement or a standard duplex investment configuration.

Key Highlights

  • All‑brick duplex built in 1970 with two units, each offering 2 bedrooms and 1 full bath
  • Each side includes a refrigerator, washer, and dryer, plus electric oven and gas cooktop; recent appliances noted in one unit
  • Updates include new roof (fall 2020), updated sewer service (2021), and updated electric service on both sides (this year)

Local 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 (±1% cap)
NOI $14,732 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$186.2K
$162.9K – $217.2K (±1% cap)
NOI $13,034 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$439.4K
$384.5K – $512.6K (±1% cap)
NOI $30,758 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Electrical Service Restaurant Spa & Massage Center Nail Salon Kitchen & Bath Showroom Auto Repair Shop Pharmacy Grocery & Convenience Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - All-brick duplex with two 2-bedroom units, each with a carport, and recent electrical, roof, and sewer updates.
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 two units, each offering 2 bedrooms and 1 full bath; Each side includes a refrigerator, washer, and dryer, plus electric oven and gas cooktop; recent appliances noted in one unit; Updates include new roof (fall 2020), updated sewer service (2021), and updated electric service on both sides (this year)
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