Corner Duplex Investment
820 & 822 Pine Street Conway, AR 72032
New
820 & 822 Pine Street, Conway, AR, 72032
$169,000
For Sale
$169,000
MULTI_FAMILY - Conway, AR
Property Size1,664 SF
Lot Size0.23 Acres
Price / SF$101.56
Days on Market1
Property Features for 820 & 822 Pine Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2
- Exterior features
- GravelDriveway
- Appliances
- ElectricWaterHeater, GasWaterHeater
- Standard status
- Active
- APN
- 710-01606-000
- Size
- 1,664 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- LOT 6 BLK 10BURNS ADDNW 100 FT
- Tax Annual Amount
- 1699
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- WoodSiding
- Roof type
- Shingle
Listing agency
Moore and Company REALTORS
(479) 968-3300
Listed by
Brett Bolin · License #SA00093720
(479) 857-4078
Added: Jul 21 Checked: Jul 21 at 8:06PM
MLS# 1355346
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 duplex for sale consists of two separate units at 820 and 822 Pine Street, situated on a corner lot totaling 0.23 acres. Each unit is approximately 832 square feet and includes 2 bedrooms and 1 bathroom. Both units are currently occupied and could use some TLC, offering room for value-add through updates.
The property is located in Conway, Arkansas, in Faulkner County, and is described as being near Hendrix College and downtown Conway, with access to shopping, dining, and other local amenities.
An additional improvement noted in the listing is that the roof was replaced in 2023.
The property is located in Conway, Arkansas, in Faulkner County, and is described as being near Hendrix College and downtown Conway, with access to shopping, dining, and other local amenities.
An additional improvement noted in the listing is that the roof was replaced in 2023.
Key Highlights
- Duplex on a corner lot totaling 0.23 acres, with two approximately 832‑SF units
- Each unit has 2 bedrooms and 1 bathroom; both units are currently occupied
- Roof replacement in 2023
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 | $17.0k | $10.20 |
| − Vacancy | −$983 | −$0.59 |
| EGI | $16.0k | $9.61 |
| − OpEx | −$4.8k | −$2.88 |
| NOI | $11.2k | $6.73 |
1,664 SF · lease $10.20/SF/yr · vacancy 5.79% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$159.9K
$139.9K – $186.6K
NOI $11,193 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$142.9K
$125.0K – $166.7K
NOI $10,003 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$379.5K
$332.1K – $442.8K
NOI $26,568 @ 7.0% cap · market cap 15.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale on a corner lot with two occupied 2-bedroom, 1-bath units and a roof replacement in 2023.
Where is this duplex located?
The property is located at 820 & 822 Pine Street Conway, AR.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Duplex on a corner lot totaling 0.23 acres, with two approximately 832‑SF units; Each unit has 2 bedrooms and 1 bathroom; both units are currently occupied; Roof replacement in 2023
