Two-Level Duplex Near
955 & 957 W Hughes Street, Fayetteville, AR 72701
For Sale
$759,000
Residential, Fayetteville, AR
Property Size3,222 SF
Lot Size0.16 Acres
Price / SF$235.57
Days on Market54
Property Features for 955 & 957 W Hughes Street
General Information
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Zoning description
Bedrooms
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Subdivision
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Size
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Tax Description
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Building Details
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Buildings
Listing Agency:
Bassett Mix And Associates, Inc
Listed By:
Lana Patrick · License AR SA00042088
(479) 521-5600
Added: Sep 18
Changed: Nov 10
Last Checked: Nov 10 at 9:06AM
MLS# 1362547
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.
This contemporary duplex contains 3,222 square feet across two 1,611-square-foot residences. Each unit offers 2 bedrooms, 1.5 baths, a two-level layout, vaulted ceilings, an upstairs living and kitchen area, an elevated deck, dedicated storage, and off-street parking. Recent work addressed major systems, kitchens, bathrooms, lighting, outdoor living areas, and interior finishes. The property also includes central heating and cooling, gas appliances, concrete and wood flooring, metal siding, and a metal roof.
Located at 955 & 957 W Hughes Street in Fayetteville, the duplex is just blocks from the University of Arkansas and provides quick access to campus, Dickson Street, and downtown. The 0.1608-acre property is served by public water and public sewer and was built in 2004.
Located at 955 & 957 W Hughes Street in Fayetteville, the duplex is just blocks from the University of Arkansas and provides quick access to campus, Dickson Street, and downtown. The 0.1608-acre property is served by public water and public sewer and was built in 2004.
Key Highlights
- Two 1,611‑square‑foot units totaling 3,222 square feet
- Each unit includes 2 bedrooms, 1.5 baths, and a two‑level layout
- Recent improvements to major systems, kitchens, bathrooms, lighting, and finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,996
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,920
$579.9K
Cap Rate 7%
$414,229
$414.2K
Cap Rate 9%
$322,178
$322.2K
Market Conditions
NOI Build-Up for 3,222 SF
Gross rent
$44.5K $13.80/SF
− Vacancy
−$3.0K −$0.94/SF
EGI
$41.4K $12.86/SF
− OpEx
−$12.4K −$3.86/SF
NOI
$29.0K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,920
Cap Rate 7%
$414,229
Cap Rate 9%
$322,178
Alternative Uses
Best Use
Multifamily LT 5
$414.2K
$362.5K – $483.3K
NOI $28,996 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$366.5K
$320.7K – $427.6K
NOI $25,654 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$864.8K
$756.7K – $1.01M
NOI $60,539 @ 7.0% cap · market cap 7.98%
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
532
Businesses Nearby
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Business Placement
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fayetteville, AR
Properties on Market for Duplexes in Fayetteville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Updated Fayetteville duplex with separate outdoor areas, storage, and substantial off-street parking.
Where is this duplex located?
The property is located at 955 & 957 W Hughes Street Fayetteville, AR.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Two 1,611‑square‑foot units totaling 3,222 square feet; Each unit includes 2 bedrooms, 1.5 baths, and a two‑level layout; Recent improvements to major systems, kitchens, bathrooms, lighting, and finishes
