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Duplex with Fenced Yard
For Sale
$182,160

Sherwood, AR 72120, Sherwood, AR 72120

Multi-Family, Traditional, Sherwood, AR

Property Size2,070 SF
Lot Size0.25 Acres
Price / SF$88
Days on Market47

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Patio and Porch features Patio
Interior features Washer Connection, Dryer Connection-Electric, Smoke Detector, Fan - Ceiling
Exterior features Fully Fenced, Patio, Covered, Chain Link
Fencing Chain Link, Full
Appliances Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Lot features Level, Cul-de-sac, In Subdivision
Elementary school Sylvan Hills
High school Sylvan Hills
Subdivision Indian Head Lakes Estates
Standard status Active
Size 2,070 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1827

Amenities

fenced backyard
patio doors

Building Details

Year built 1971
Floors in Building 1
Number of units 2
Flooring type Laminate
Roof type Shingle
Architectural style Other
Listing Agency: Eleven 11 Company
Listed By: Nina DuBois
Added: Aug 25 Changed: Oct 8 Last Checked: Oct 10 at 11:06AM
MLS# 26034589

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 Sherwood duplex contains two residences, each with two bedrooms and one bathroom, within 2,070 square feet. The property occupies 0.25 acres and was built in 1971. Both units have patio doors opening onto a fenced backyard, with driveway parking for two cars at each residence.

A new roof was installed in 2023. Each unit has a new dishwasher. Unit A received bathroom updates in 2024 and has a new water heater; Unit B has laminate flooring throughout and a refrigerator purchased in 2024. Washer and electric dryer connections are present.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • 2,070 square feet on a 0.25‑acre lot
  • Roof replaced in 2023

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,572
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,440 $311.4K
Cap Rate 7%
$222,457 $222.5K
Cap Rate 9%
$173,022 $173.0K
Market Conditions
NOI Build-Up for 2,070 SF
Gross rent
$30.1K $14.52/SF
− Vacancy
−$1.7K −$0.84/SF
EGI
$28.3K $13.68/SF
− OpEx
−$12.7K −$6.16/SF
NOI
$15.6K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,440
Cap Rate 7%
$222,457
Cap Rate 9%
$173,022

Alternative Uses

Best Use
Multifamily LT 5
$248.5K
$217.5K – $289.9K (±1% cap)
NOI $17,396 @ 7.0% cap · market cap 9.55%
Second Best
Apartment 5plus
$222.5K
$194.7K – $259.5K (±1% cap)
NOI $15,572 @ 7.0% cap · market cap 8.55%
Theoretical Best
Specialty Retail
$394.9K
$345.5K – $460.7K (±1% cap)
NOI $27,640 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 72120, AR

34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences include two bedrooms, one bathroom, and patio access to the shared fenced backyard.
Where is this duplex located?
The property is located at Sherwood, AR.
What is the asking price?
The asking price for this property is $182,160.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 2,070 square feet on a 0.25‑acre lot; Roof replaced in 2023
More about this property
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