New Construction Duplex with Private
For Sale
$595,000
832 S Dockery Lane 1 & 2, Fayetteville, AR 72701
Both residences are leased and include contemporary finishes, private rear parking, and efficient three-bedroom layouts.
Property Size2,784 SF
Price / SF$213.72
Days on Market69
Property Features for 832 S Dockery Lane 1 & 2
General Information
Standard status
Active
Size
2,784 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
luxury vinyl plank flooring
stainless steel appliances
quartz counter tops
2" faux wood blinds
ceiling fans
private parking
Building Details
Year Built
2025
Buildings
1
Tenancy
Multi
Listing Agency:
Gabel Realty
Listed By:
Melanie Gabel · License #PB00058940
(479) 422-4221
Source:
Thebesthomeprice
Added: Aug 16
Changed: Oct 3
Last Checked: Oct 7 at 1:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gabel Realty
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Investment Insights
Based on property information with market context.
Completed in 2025, this duplex contains 2,784 square feet across two residences, with 1,392 heated and cooled square feet per side. Each unit offers three bedrooms, 2.5 bathrooms, an open kitchen and living arrangement, dining space, and a dedicated laundry room. Interior finishes include luxury vinyl plank flooring, stainless steel appliances, quartz countertops, 2-inch faux wood blinds, and ceiling fans. Private parking is located behind the property.
The property is situated in South Fayetteville at 832 S Dockery Lane, with both sides currently leased. The configuration provides two separate residences within a newly built duplex, suited to an owner or investor seeking an occupied residential income property.
The property is situated in South Fayetteville at 832 S Dockery Lane, with both sides currently leased. The configuration provides two separate residences within a newly built duplex, suited to an owner or investor seeking an occupied residential income property.
Key Highlights
- Newly constructed duplex completed in 2025
- 2,784 SF total; each side offers 1,392 heated and cooled SF
- Two 3‑bedroom, 2.5‑bathroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,054
Cap Rate
4.21%
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
NOI $25,054 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$316.7K
$277.1K – $369.5K
NOI $22,167 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$747.3K
$653.9K – $871.8K
NOI $52,309 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and include contemporary finishes, private rear parking, and efficient three-bedroom layouts.
Where is this duplex located?
The property is located at 832 S Dockery Lane 1 & 2 Fayetteville, AR.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Newly constructed duplex completed in 2025; 2,784 SF total; each side offers 1,392 heated and cooled SF; Two 3‑bedroom, 2.5‑bathroom residences
