Two-Unit Corner
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
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2
- Interior features
- Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Hot Water Heater-Electric
- Appliances
- Gas Range, Gas Range
- Standard status
- Active
- APN
- 710-01606-000, 710-01604-001
- Size
- 1,664 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- LOT 6 BLK 10 BURNS ADDN W 100
- Tax Annual Amount
- 1699
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Moore and Co. Realtors
(479) 968-3300
Listed by
Brett Bolin · License #SA00093720
(479) 857-4078
Added: Jul 21 Checked: Jul 21 at 7:06PM
MLS# 26029529
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 two-unit duplex is located on a corner lot and includes two approximately 832-square-foot units. Each unit offers 2 bedrooms and 1 bathroom. The property is currently fully occupied and could use some additional TLC.
The duplex is situated at 820 & 822 Pine Street in Conway, Arkansas (Faulkner County). It benefits from a location near downtown Conway and local amenities.
Recent improvements include a roof replacement completed in 2023, which supports the property’s overall durability. The existing configuration provides an investor-focused setup with two separate residential units within a single duplex structure.
The duplex is situated at 820 & 822 Pine Street in Conway, Arkansas (Faulkner County). It benefits from a location near downtown Conway and local amenities.
Recent improvements include a roof replacement completed in 2023, which supports the property’s overall durability. The existing configuration provides an investor-focused setup with two separate residential units within a single duplex structure.
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 was replaced 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 - Corner-lot duplex with two occupied 2BR/1BA units totaling about 1,664 sq. ft., with a 2023 roof replacement.
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 was replaced in 2023
