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Two-Unit Duplex with Private Parking

820 S Dockery Lane, Fayetteville, AR 72701

For Sale
$589,900

Residential, Fayetteville, AR

Property Size2,784 SF
Lot Size0.25 Acres
Price / SF$211.89
Days on Market218

Property Features for 820 S Dockery Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description Residential
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 5, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bathroom 6
Window features Vinyl Frames
Exterior features ConcreteDriveway
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, SmoothCooktop
Subdivision Fayetteville Outlots
Lot features City Lot, Landscaped, Level
Elementary school district Fayetteville
Middle school district Fayetteville
High school district Fayetteville
Directions From Crossover Rd (HWY 265) traveling South - Take a Right onto E Huntville Rd - Take a Right onto Dockery - Duplex is on your Right.
Standard status Active
APN 765-15221-011
Size 2,784 SF
Lot size 0.25 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description See attached Extended Legal Descriptionription
Tax Annual Amount 925
Legal Description See attached Extended Legal Descriptionription

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Central Air

Amenities

luxury vinyl plank flooring
stainless steel appliances
quartz counter tops
2" faux wood blinds
ceiling fans
private parking

Building Details

Year built 2025
Floors in Building 2
Number of units 2
Flooring type Carpet, Vinyl
Building materials Masonite
Roof type Shingle
Listing Agency: Gabel Realty
Listed By: Melanie Gabel · License AR PB00058940
Added: Apr 8 Changed: Nov 10 Last Checked: Nov 11 at 5:06AM
MLS# 1342050

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 two-unit duplex at 820 S Dockery Lane in Fayetteville, Arkansas, contains 2,784 square feet across two residences. Each side provides 1,392 heated and cooled square feet with three bedrooms, 2.5 bathrooms, an open eat-in kitchen, living room, and separate laundry room. The property is fully leased.

Interior features include luxury vinyl plank flooring, stainless steel appliances, quartz countertops, two-inch faux wood blinds, and ceiling fans. Each residence also has private parking behind the house, supported by a concrete driveway. Additional improvements include central electric heating and cooling, electric water heaters, shingle roofing, and Masonite exterior construction. The lot measures 0.25 acres, and the recorded year built is 2025.

Key Highlights

  • Two‑unit duplex with 2,784 SF total
  • Each residence offers 1,392 heated and cooled square feet
  • Both sides feature 3 bedrooms and 2.5 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,054
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,080 $501.1K
Cap Rate 7%
$357,914 $357.9K
Cap Rate 9%
$278,378 $278.4K
Market Conditions
NOI Build-Up for 2,784 SF
Gross rent
$38.4K $13.80/SF
− Vacancy
−$2.6K −$0.94/SF
EGI
$35.8K $12.86/SF
− OpEx
−$10.7K −$3.86/SF
NOI
$25.1K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,080
Cap Rate 7%
$357,914
Cap Rate 9%
$278,378

Alternative Uses

Best Use
Multifamily LT 5
$357.9K
$313.2K – $417.6K (±1% cap)
NOI $25,054 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$316.7K
$277.1K – $369.5K (±1% cap)
NOI $22,167 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$747.3K
$653.9K – $871.8K (±1% cap)
NOI $52,309 @ 7.0% cap · market cap 8.87%
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
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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby

Demographics for 72701, AR

48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
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 Fayetteville, AR

$218 Jul
$191 Aug
$196 Sep
$193 Oct

Properties on Market for Duplexes in Fayetteville

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 - Fully leased duplex with three-bedroom layouts, private parking behind the property, and contemporary interior finishes.
Where is this duplex located?
The property is located at 820 S Dockery Lane Fayetteville, AR.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,784 SF total; Each residence offers 1,392 heated and cooled square feet; Both sides feature 3 bedrooms and 2.5 bathrooms
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