Updated Two-Level
For Sale
$535,000
917-919 Kensington Drive, Centerton, AR 72719
Residential, Centerton, AR
Property Size2,924 SF
Lot Size0.29 Acres
Price / SF$182.97
Days on Market93
Property Features for 917-919 Kensington Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi Family
Parking features
Garage, Open
Exterior features
ConcreteDriveway
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator
Subdivision
Copper Oaks
Lot features
Central Business District, Cleared, Corner Lot, City Lot, Level, Subdivision
Elementary school district
Bentonville
Middle school district
Bentonville
High school district
Bentonville
Directions
Hwy 102 (Centerton Blvd) to Copper Oaks Dr. , to Oakwood Lane, right on Kensington Dr. Duplexes are on the corner
Standard status
Active
APN
06-02272-000
Size
2,924 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
Copper Oaks Subdivision, Lot 23, Section 34, Township 20 Range 31
Tax Annual Amount
3588
Legal Description
Copper Oaks Subdivision, Lot 23, Section 34, Township 20 Range 31
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
2006
Floors in Building
2
Number of units
2
Flooring type
Carpet, Laminate
Building materials
Brick, VinylSiding
Roof type
Asphalt, Shingle
Architectural style
Contemporary
Listing Agency:
Century 21 Lyons & Associates · Century 21 Real Estate
(479) 524-2100
Listed By:
Glenda Dozier · License #SA00065983
(479) 220-1515
Added: Jul 7
Changed: Sep 15
Last Checked: Oct 7 at 4:06PM
MLS# 1354388
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 two-level duplex property contains 2,924 square feet on a 0.29-acre lot in Centerton. The 2006 construction combines brick and vinyl siding with contemporary styling, asphalt shingle roofing, central electric heating and cooling, carpet and laminate flooring, and attached garage parking. The residences include three bedrooms positioned on the second level and 2.5 baths, along with spacious interior and exterior areas. Recent improvements include new carpet, additional new flooring, and new appliances such as dishwashers, electric ranges, electric water heaters, and refrigerators.
Located at 917-919 Kensington Drive, the property includes a concrete driveway and open parking. The 919 residence is occupied under a current lease, while the property information identifies the duplexes as move-in ready.
Located at 917-919 Kensington Drive, the property includes a concrete driveway and open parking. The 919 residence is occupied under a current lease, while the property information identifies the duplexes as move-in ready.
Key Highlights
- 2,924‑square‑foot duplex property on a 0.29‑acre lot
- Three‑bedroom layout with all bedrooms located on the second level
- 2.5 baths and attached garage parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,689
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,780
$533.8K
Cap Rate 7%
$381,271
$381.3K
Cap Rate 9%
$296,544
$296.5K
Market Conditions
NOI Build-Up for 2,924 SF
Gross rent
$40.4K $13.80/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$38.1K $13.04/SF
− OpEx
−$11.4K −$3.91/SF
NOI
$26.7K $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%
$533,780
Cap Rate 7%
$381,271
Cap Rate 9%
$296,544
Alternative Uses
Best Use
Multifamily LT 5
$381.3K
$333.6K – $444.8K
NOI $26,689 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$340.2K
$297.7K – $396.9K
NOI $23,815 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$803.5K
$703.1K – $937.5K
NOI $56,247 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Explore this area
Business Placement
Demographics for 72719, AR
16,248
Population
6,989
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
96%
High-School Grad
9.2 sq mi
ZIP Area
1,766
Density / Sq Mi
$111,250
Median Household Income
$61,073
Median Earnings
$1,432
Median Rent
$283,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick-and-vinyl residences feature refreshed flooring, new appliances, attached garage parking, and contemporary interiors.
Where is this duplex located?
The property is located at 917-919 Kensington Drive Centerton, AR.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 2,924‑square‑foot duplex property on a 0.29‑acre lot; Three‑bedroom layout with all bedrooms located on the second level; 2.5 baths and attached garage parking
