Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Centerton Duplex Investment Opportunity Title is generated by Realmo AI

    929 Kensington Drive, Centerton, AR 72719

    View on Map
    Claim this Listing
    For Sale
    $499,000

    Fully leased duplex in growing Centerton market with immediate cashflow.

    Type:Multi Family
    Property size:
    2,545 SF
    Price / SF:
    $196/SF
    Added:
    Feb 11, 2026
    Days on Market:
    111
    Last Refresh:
    Apr 8 at 12:53 am

    Property Features for 929 Kensington Drive

    General Information

    Standard status
    Active
    Size
    2,545 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    Juan Perez
    Juan Perez

    Listing agent Juan Perez License #SA00062583

    Listing office Berkshire Hathaway HomeServices Solutions Real Est

    Listing date Feb 11, 2026

    Source Exitrealty

    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

    HighLights

    • Fully leased duplex providing immediate cash flow.
    • Located in the rapidly growing Centerton market.
    • Each unit features 3 bedrooms, 2 bathrooms, and a 1‑car garage.
    • Desirable split‑bedroom floor plan for enhanced privacy.
    • Roof replaced approximately five years ago.
    • Private, fenced backyards.

    Overview

    This is a fully leased duplex located in Centerton. Each unit features 3 bedrooms, 2 bathrooms, and a 1-car garage. The units have a split-bedroom floor plan and an open-concept living area. Private, fenced backyards are included. The property has central heat and air. The roof was replaced approximately five years ago. The property offers immediate cash flow with a strong rental history and reliable tenant occupancy on both sides. The property size is 2545 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Centerton
    County
    Benton
    State
    Arkansas
    Longitude
    -94.26904
    Latitude
    36.359383

    Nearby Similar for Sale

    • $1,734,480
      7,982 SF

      New Construction Townhomes in Centerton

      New 5-unit multifamily property with strong rental appeal.
      1951-1991 Lapis Avenue, Centerton, AR 72719
      View Details
    • $529,000
      2,596 SF

      Well-Maintained Duplex in Centerton, AR

      Duplex near Highway 102, offering income potential and convenient amenities.
      100/102 Foxglove, Centerton, AR 72719
      View Details
    • $499,000
      2,545 SF

      Centerton Duplex Investment Opportunity

      Fully leased duplex in rapidly growing Centerton market.
      929-931 Kensington Drive, Centerton, AR 72719
      View Details
    • $499,000
      2,595 SF

      Centerton Duplex: Investment or Owner-Occupancy

      Versatile duplex with strong rental appeal and owner-occupant flexibility.
      912-914 Oakwood Lane, Centerton, AR 72719
      View Details
    • $1,734,480
      7,982 SF

      Contemporary 5-Unit Townhome Community

      New construction multifamily with covered patios and private backyards designed for strong long-term rental appeal.
      450-490 Onyx Road, Centerton, AR 72719
      View Details
    • $1,734,480
      7,982 SF

      New Construction Townhomes in Centerton

      New 5-unit multifamily property with strong rental appeal.
      451-491 Jasper Road, Centerton, AR 72719
      View Details
    • $1,734,480
      7,982 SF

      New Construction Townhome Multifamily Property

      New construction 5-unit multifamily property with strong rental appeal.
      400-440 Jasper Road, Centerton, AR 72719
      View Details
    • $499,950
      2,992 SF

      Centerton Duplex: Investment Opportunity

      2017-built duplex in growing Centerton, AR with strong rental appeal.
      860 & 862 Oakwood Court, Centerton, AR 72719
      View Details
    • $580,000
      2,683 SF

      Centerton Duplex: Investment Opportunity

      Newer duplex near Bentonville, AR. Great investment potential.
      1570 & 1572 Sandpiper Street, Centerton, AR 72719
      View Details
    • $400,000
      3,663 SF

      Centerton Retail/Office Development Opportunity

      Prime location for retail or office development in Centerton.
      392 N Main Street, Centerton, AR 72719
      View Details
    • $496,000
      2,920 SF

      Centerton Multifamily Investment Opportunity

      Multifamily property near Walmart campus, ideal for investment portfolio.
      228 and 230 Copper Oaks Drive, Centerton, AR 72719
      View Details
    • $1,734,480
      7,982 SF

      New Construction Townhome Multifamily Property

      New construction 5-unit multifamily property in Centerton, Arkansas.
      401-441 Onyx Road, Centerton, AR 72719
      View Details

    FAQs

    What type of property is this?
    Duplex - Fully leased duplex in growing Centerton market with immediate cashflow.
    Where is this duplex located?
    The property is located at 929 Kensington Drive 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: Fully leased duplex providing immediate cash flow.; Located in the rapidly growing Centerton market.; Each unit features 3 bedrooms, 2 bathrooms, and a 1‑car garage.
    (479) 200-3850
    We can help!
    Listing Contact
    Juan Perez
    Juan Perez
    Real Estate License ID: SA00062583
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    929 Kensington Drive, Centerton, AR 72719
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!