Four-Unit Townhome
New
For Sale
$530,000
9-12 Edgehill Cove, Maumelle, AR 72113
Multi-Family, Traditional, Maumelle, AR
Property Size4,376 SF
Lot Size0.23 Acres
Price / SF$121.12
Days on Market1
Property Features for 9-12 Edgehill Cove
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Appliances
Free-Standing Stove, Free-Standing Stove
Subdivision
Edge Hill Townhomes
Lot features
Level
Directions
Turn left onto AR-100 / Maumelle Blvd toward Maumelle Turn left onto Millwood Circle Turn right onto Edgewood Dr Arrive at Edgewood Dr on the left
Standard status
Active
APN
42M-008-01-000-01
Size
4,376 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1, 2, 3, 4/TR C
Tax Annual Amount
4810
Legal Description
1, 2, 3, 4/TR C
Amenities
private patio area
balcony
Building Details
Year built
1985
Floors in Building
2
Number of units
4
Flooring type
Carpet - Partial, Vinyl
Roof type
Shingle
Architectural style
Other
Listing Agency:
River Rock Realty Company
(501) 353-2504
Listed By:
Jamie Hoffman
(501) 232-8964
Added: Aug 28
Last Checked: Aug 28 at 3:06PM
MLS# 26035121
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 four-unit residential income property contains 4,376 square feet across townhome-style units built in 1985. Interiors combine vinyl flooring on the main level with carpet in the bedrooms, while private patio areas and street-facing balconies add outdoor space to the individual residences. The property sits on a 0.23-acre lot in Maumelle, Arkansas.
Building systems include a shingle roof described as newer, condensers dating to 2009, and furnaces dating to 2010. Water-heater years vary by unit: 2024 for unit 9, 2008 for unit 10, 2022 for unit 11, and 2005 for unit 12. Showings require 24-hour notice.
Building systems include a shingle roof described as newer, condensers dating to 2009, and furnaces dating to 2010. Water-heater years vary by unit: 2024 for unit 9, 2008 for unit 10, 2022 for unit 11, and 2005 for unit 12. Showings require 24-hour notice.
Key Highlights
- Four‑unit townhome‑style property with 4,376 square feet
- Built in 1985 on a 0.23‑acre lot
- Private patios and balconies overlooking the street
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
$36,775
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
6.94%
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%
$735,500
$735.5K
Cap Rate 7%
$525,357
$525.4K
Cap Rate 9%
$408,611
$408.6K
Market Conditions
NOI Build-Up for 4,376 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
$56.2K $12.84/SF
− Vacancy
−$3.7K −$0.83/SF
EGI
$52.5K $12.01/SF
− OpEx
−$15.8K −$3.60/SF
NOI
$36.8K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /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%
$735,500
Cap Rate 7%
$525,357
Cap Rate 9%
$408,611
Alternative Uses
Best Use
Multifamily LT 5
$525.4K
$459.7K – $612.9K
NOI $36,775 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$470.3K
$411.5K – $548.7K
NOI $32,920 @ 7.0% cap · market cap 6.21%
Theoretical Best
Specialty Retail
$834.7K
$730.4K – $973.9K
NOI $58,431 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
Explore this area
Business Placement
Demographics for 72113, AR
25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
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?
Quadplex - Townhome-style units feature private outdoor areas, updated flooring, and a residential setting in Maumelle.
Where is this quadplex located?
The property is located at 9-12 Edgehill Cove Maumelle, AR.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Four‑unit townhome‑style property with 4,376 square feet; Built in 1985 on a 0.23‑acre lot; Private patios and balconies overlooking the street
