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Tenant-Occupied Duplex

800 Meghan Street, Siloam Springs, AR 72761

For Sale
$329,900

Residential, Siloam Springs, AR

Property Size2,311 SF
Lot Size0.17 Acres
Price / SF$142.75
Days on Market57

Property Features for 800 Meghan Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Parking features Garage
Window features Vinyl Frames
Interior features EatInKitchen
Exterior features ConcreteDriveway
Fencing Privacy
Appliances GasWaterHeater
Subdivision Fallon Heights Ph 3 Siloam Spgs
Lot features Cleared, City Lot, Level, Subdivision
Elementary school district Siloam Springs
Middle school district Siloam Springs
High school district Siloam Springs
Directions From 412 Hwy in Siloam Springs go north to Cheri whitlock take right then south on Hico St right on Meghan St to the property.
Standard status Active
APN 03-03895-000
Size 2,311 SF
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description PLAT 19-154
Tax Annual Amount 3135
HOA Fee $250 Annually
Legal Description PLAT 19-154

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2000
Floors in Building 2
Number of units 2
Flooring type Tile, Laminate
Building materials Brick, VinylSiding
Roof type Asphalt, Shingle
Listing Agency: eXp Realty NWA Branch
Listed By: Jose Chevez · License AR SA00059543
Added: Sep 17 Changed: Nov 10 Last Checked: Nov 12 at 7:06AM
MLS# 1362300

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,311-square-foot duplex, built in 2000, contains two residences with matching layouts: each offers 2 bedrooms, 2 baths, and a one-car garage. Interior features include eat-in kitchens, laminate and tile flooring, central heating, and central air conditioning. Gas water heaters serve the units, while brick and vinyl siding form the exterior. A concrete driveway and privacy fencing are also included, with an asphalt shingle roof completing the improvements.

The property occupies 0.17 acres at 800 Meghan Street in Siloam Springs, Arkansas. Both units are currently tenant-occupied, providing an existing residential configuration for an owner evaluating a duplex property.

Key Highlights

  • Two‑unit duplex with 2,311 SF of total property size
  • Each unit includes 2 bedrooms, 2 baths, and a one‑car garage
  • Currently occupied by tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,094
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,880 $421.9K
Cap Rate 7%
$301,343 $301.3K
Cap Rate 9%
$234,378 $234.4K
Market Conditions
NOI Build-Up for 2,311 SF
Gross rent
$31.9K $13.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$30.1K $13.04/SF
− OpEx
−$9.0K −$3.91/SF
NOI
$21.1K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,880
Cap Rate 7%
$301,343
Cap Rate 9%
$234,378

Alternative Uses

Best Use
Multifamily LT 5
$301.3K
$263.7K – $351.6K (±1% cap)
NOI $21,094 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$268.9K
$235.3K – $313.7K (±1% cap)
NOI $18,822 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$635.1K
$555.7K – $740.9K (±1% cap)
NOI $44,456 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

Demographics for 72761, AR

23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Benton County, AR

$188 Jul
$192 Aug
$191 Sep
$187 Oct

Properties on Market for Duplexes in Benton County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two attached residences include private garages and are currently occupied by tenants.
Where is this duplex located?
The property is located at 800 Meghan Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,311 SF of total property size; Each unit includes 2 bedrooms, 2 baths, and a one‑car garage; Currently occupied by tenants
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