Two-Unit Duplex with
833-835 S 23rd Street, Rogers, AR 72758
For Sale
New
$330,000
Residential, Rogers, AR
Property Size2,180 SF
Lot Size0.26 Acres
Price / SF$151.38
Days on Market3
Property Features for 833-835 S 23rd Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Window features
Exterior features
Fencing
Appliances
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Collier & Associates- Rogers Branch
(479) 274-0977
Listed By:
T Dee Whidbee · License AR SA00081549
(954) 243-4668
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 1367855
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.
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Investment Insights
Based on property information with market context.
Located in Rogers, this brick-and-cedar duplex contains 2,180 square feet across two residential units. Each unit has two bedrooms and 1.5 bathrooms, and the property is currently tenant-occupied. A carport and concrete driveway provide on-site parking, while privacy fencing encloses the property.
The 0.26-acre site includes updates to the windows and water heaters, plus a roof installed in 2024. Utilities are separately metered for the two units. Additional features include central heating and air conditioning, tile flooring, and a shingle roof.
The 0.26-acre site includes updates to the windows and water heaters, plus a roof installed in 2024. Utilities are separately metered for the two units. Additional features include central heating and air conditioning, tile flooring, and a shingle roof.
Key Highlights
- Two‑unit duplex with 2,180 square feet of building area
- Each unit has 2 bedrooms and 1.5 bathrooms
- Tenant‑occupied; utilities are separately metered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,898
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,960
$398.0K
Cap Rate 7%
$284,257
$284.3K
Cap Rate 9%
$221,089
$221.1K
Market Conditions
NOI Build-Up for 2,180 SF
Gross rent
$30.1K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$28.4K $13.04/SF
− OpEx
−$8.5K −$3.91/SF
NOI
$19.9K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,960
Cap Rate 7%
$284,257
Cap Rate 9%
$221,089
Alternative Uses
Best Use
Multifamily LT 5
$284.3K
$248.7K – $331.6K
NOI $19,898 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$253.6K
$221.9K – $295.9K
NOI $17,755 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$599.1K
$524.2K – $698.9K
NOI $41,936 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
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Business Placement
Demographics for 72758, AR
45,105
Population
18,145
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
88%
High-School Grad
31.3 sq mi
ZIP Area
1,441
Density / Sq Mi
$94,605
Median Household Income
$49,856
Median Earnings
$1,300
Median Rent
$358,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Benton County, AR
Properties on Market for Duplexes in Benton County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Tenant occupancy and separately metered utilities support the property’s two-unit rental configuration.
Where is this duplex located?
The property is located at 833-835 S 23rd Street Rogers, AR.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,180 square feet of building area; Each unit has 2 bedrooms and 1.5 bathrooms; Tenant‑occupied; utilities are separately metered
