Duplex with Attached
For Sale
$497,280
822 & 824 N Daisy Lane, Fayetteville, AR 72704
MULTI_FAMILY - Fayetteville, AR
Property Size3,108 SF
Lot Size0.22 Acres
Price / SF$160
Days on Market86
Property Features for 822 & 824 N Daisy Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 3
Parking features
Garage
Patio and Porch features
Patio
Exterior features
ConcreteDriveway
Appliances
Dryer, Dishwasher, ElectricOven, GasWaterHeater, Microwave, Refrigerator, SmoothCooktop, Washer
Subdivision
Meadowlands I & Il
Lot features
Level, Near Park, Subdivision
Elementary school district
Fayetteville
Middle school district
Fayetteville
High school district
Fayetteville
Directions
Exit I540 to Wedington - Left on Meadowlands - Left Larkspur - Right on N Daisy Ln - Duplex is on right.
Standard status
Active
APN
765-19725-000
Size
3,108 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
STR: 12-16-31
Tax Annual Amount
2998
Legal Description
STR: 12-16-31
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1996
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency:
Sudar Group
(479) 308-8380
Listed By:
Shannon West · License #EB00091711
(479) 270-9518
Added: May 28
Changed: Aug 4
Last Checked: Aug 21 at 7:06AM
MLS# 1348540
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 at 822 & 824 N Daisy Lane features two residential units and is set up to support everyday comfort and low-maintenance living. Each unit includes three bedrooms and two bathrooms with an attached two-car garage. The property has central heating and central air, and interior finishes include carpet and tile. Construction materials are brick and vinyl siding, and the exterior includes a concrete driveway and a patio.
The home includes in-unit appliances such as a washer, dryer, refrigerator, dishwasher, electric oven, microwave, smooth cooktop, and a gas water heater. Utilities are supported by public water and public sewer. The roof is shingle, and the property was built in 1996.
Photos are of vacant units, and both units are tenant occupied, providing an opportunity for an owner looking for income-producing residential living within minutes of the University of Arkansas.
The home includes in-unit appliances such as a washer, dryer, refrigerator, dishwasher, electric oven, microwave, smooth cooktop, and a gas water heater. Utilities are supported by public water and public sewer. The roof is shingle, and the property was built in 1996.
Photos are of vacant units, and both units are tenant occupied, providing an opportunity for an owner looking for income-producing residential living within minutes of the University of Arkansas.
Key Highlights
- Two‑unit duplex built in 1996
- Each unit offers three bedrooms and two bathrooms
- Attached two‑car garage per unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,970
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$559,400
$559.4K
Cap Rate 7%
$399,571
$399.6K
Cap Rate 9%
$310,778
$310.8K
Market Conditions
NOI Build-Up for 3,108 SF
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.
Gross rent
$42.9K $13.80/SF
− Vacancy
−$2.9K −$0.94/SF
EGI
$40.0K $12.86/SF
− OpEx
−$12.0K −$3.86/SF
NOI
$28.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$559,400
Cap Rate 7%
$399,571
Cap Rate 9%
$310,778
Alternative Uses
Best Use
Multifamily LT 5
$399.6K
$349.6K – $466.2K
NOI $27,970 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$353.5K
$309.3K – $412.5K
NOI $24,747 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$834.2K
$730.0K – $973.3K
NOI $58,397 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex near the University of Arkansas with two units, each with three bedrooms, two bathrooms, and an attached garage.
Where is this duplex located?
The property is located at 822 & 824 N Daisy Lane Fayetteville, AR.
What is the asking price?
The asking price for this property is $497,280.
What are key features of this property?
This property features: Two‑unit duplex built in 1996; Each unit offers three bedrooms and two bathrooms; Attached two‑car garage per unit
