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Duplex with Fenced Backyards

912-914 Oakwood Lane Centerton, AR 72719

912-914 Oakwood Lane, Centerton, AR, 72719
$499,000
For Sale
$499,000

Each duplex unit offers 3 bedrooms, 2 bathrooms, a 1-car garage, and a private fenced backyard.

Property Size2,595 SF
Price / SF$192.29
Days on Market160

Property Features for 912-914 Oakwood Lane

General Information

Standard status
Active
Size
2,595 SF
Property subtype
Multi Family

Building Details

Year Built
2006
Listing agency Berkshire Hathaway HomeServices Solutions Real Est
Listed by Juan Perez · License #SA00062583
Source Exitrealty
Added: Feb 12 Updated: Jul 21 at 2:19AM Checked: Jul 21 at 5:52AM

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 Berkshire Hathaway HomeServices Solutions Real Est


Investment Insights

Based on property information with market context.

This duplex offers flexible living and rental options, with each unit designed to function as a complete home. Both units include 3 bedrooms and 2 bathrooms, along with a 1-car garage. The interior layout features a split-bedroom floor plan for added privacy, balanced by an open-concept living area. Durable luxury vinyl plank (LVP) flooring, abundant natural light, and central heat and air are included to support comfortable everyday use.

The property is located at 912-914 Oakwood Lane in Centerton, AR 72719, providing two private outdoor spaces with fenced backyards for each unit.

The overall configuration supports independent unit living, with indoor finishes and climate control in place and private, enclosed outdoor areas attached to both units.

Key Highlights

  • Duplex built in 2006 with each unit featuring 3 bedrooms and 2 bathrooms
  • Each unit includes a 1‑car garage
  • Private, fenced backyards included with both units

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $35.8k $13.80
− Vacancy −$2.0k −$0.76
EGI $33.8k $13.04
− OpEx −$10.2k −$3.91
NOI $23.7k $9.13
2,595 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$338.4K
$296.1K – $394.8K (±1% cap)
NOI $23,686 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$301.9K
$264.2K – $352.3K (±1% cap)
NOI $21,135 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$713.1K
$624.0K – $832.0K (±1% cap)
NOI $49,919 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Hair Salon Spa & Massage Center Auto Parts Store Real Estate Agency HVAC Service Law Firm Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Each duplex unit offers 3 bedrooms, 2 bathrooms, a 1-car garage, and a private fenced backyard.
Where is this duplex located?
The property is located at 912-914 Oakwood Lane Centerton, AR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex built in 2006 with each unit featuring 3 bedrooms and 2 bathrooms; Each unit includes a 1‑car garage; Private, fenced backyards included with both units
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