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Sold for $2,750,000
  • $2,750,000

    1642 S Duncan Ave, Fayetteville, AR 72701

    18beds
    24baths
    10,542sqft
    Duplex, Multi Family
    Built in 2024
    -- sqft lot
    $2,865,800 Zestimate®
    $261/sqft
    $1,738 Estimated rent

    Home value

    $2,865,800

    $2.61M - $3.15M

    $1,738/mo

    Zestimate® history
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    $12,818/mo

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    What's special

    Incredible investment opportunity in amazing location! Walking distance to Baum-Walker Stadium (Razorback Baseball), trails, and more! Only minutes to University of Arkansas, shopping, dining, mountain biking, parks, I-49, Fayetteville Square, Farmers Market, and so much more! Property includes 3 brand new luxury duplexes for a total of 6 units! Each unit is 3 bedroom, 3 full bath, 1 half bath, and 1757 square feet. All units are leased through July 31st of 2026 with tenant paying all utilities! Total Gross income is $210,000.00 per year. Finishes include premium quartz counter tops, hardwood floors, high end gas range, luxury trim package, custom built cabinets to ceiling, stainless steel appliances (including refrigerator), washer, dryer, cozy front porch, covered balcony, and more! All bedrooms are upstairs with their own bathroom! Kitchen, Living room, dining room, and half bath on main level. Perfect for a 1031 exchange!

    Zillow last checked:

    Listing updated:

    Listed by:

    Blake Smith 479-521-6611,

    Lindsey & Associates Inc

    Bought with:

    Blake Smith, EB00077630

    Lindsey & Associates Inc

    Source: ArkansasOne MLS,MLS#: 1283928MLS LogoOriginating MLS: Northwest Arkansas Board of REALTORS MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 24
    Heating
    • Central, Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Washer
    Features
    • Flooring: Wood
    • Has basement: No
    Interior area
    • Total structure area: 10,542
    • Total interior livable area: 10,542 sqft

    Property

    Parking
    • Parking features: Other, Parking Lot, On Street, Garage Door Opener
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Covered, Porch
    • Exterior features: Concrete Driveway
    • Fencing: Metal
    Lot
    • Size: 0.65 Acres
    • Features: Central Business District, Cleared, Landscaped, Near Park, Subdivision
    Details
    • Parcel number: as part of 76509649000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Duplex, Multi Family
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Architectural,Shingle
    Condition
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Biking, Curbs, Near Fire Station, Near Schools, Park, Shopping, Trails/Paths
    • Security: Fire Alarm, Smoke Detector(s)
    • Subdivision: Parksdale Add
    Location
    • Region: Fayetteville

    Financial & listing details

    • Price per square foot: $261/sqft
    • Tax assessed value: $165,000
    • Annual tax amount: $1,881
    • Date on market: 8/13/2024
    • Cumulative days on market: 147 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/29/2025Sold$2,750,000-6.8%$261/sqft
    Source: ArkansasOne MLS #1283928 Report a problem
    12/10/2024Price change$2,950,000-1.2%$280/sqft
    Source: ArkansasOne MLS #1283928 Report a problem
    8/14/2024Listed for sale$2,985,000-9.5%$283/sqft
    Source: ArkansasOne MLS #1283928 Report a problem
    2/15/2024Listing removed--
    Source: ArkansasOne MLS #1263975 Report a problem
    1/4/2024Listed for sale$3,300,000$313/sqft
    Source: ArkansasOne MLS #1263975 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,884 +35%$33,000 +34.8%
    2023$1,395 +8.2%$24,482 +10%
    2022$1,290 +8.3%$22,256 +8.3%
    2021$1,191 +9.1%$20,544 -31.3%
    2020$1,091 +10%$29,900 +74.6%
    2019$992 $17,120
    2018$992 +0.9%$17,120
    2017$984 $17,120
    2016$984 +4.9%$17,120
    2015$937 $17,120 -1.8%
    2014$937 +0%$17,430
    2013$937 $17,430
    2012$937 $17,430
    2011-- $17,430
    2010-- $17,430 -4.1%
    2009$938 +7.8%$18,171 +7.8%
    2008$870 +24.1%$16,854 +24.8%
    2007$701 $13,510
    2006-- --
    2005-- $12,168 -25.8%
    2004-- $16,400
    2003-- --
    Find assessor info on the county website

    Neighborhood: 72701

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $2,865,800
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    With Zillow Showcase(estimated)
    $2,923,116