Amazing investment opportunity just steps away from the U of A campus! Property includes 2 single family homes and 1 triplex, for a total of 5 units! All units are brand new and feature: 2 bedrooms, 2 full baths, 1 half bath, open layout, kitchen island, marble countertops, high end gas range, stainless steel appliances (including refrigerator), washer, dryer, custom built cabinets, luxury trim package, and so much more! Walking distance to campus, Razorback stadium, Bud Walton arena, trails, intramural fields, shopping, and dining. Short distance to Fayetteville Square and Farmers market. The 2 single family homes are each 1344 square feet (2 bed, 2.5 bath). Each triplex unit is 1272 square feet (2 bed, 2.5 bath). All 3 triplex units are already pre leased for August 1st 2024 at $2,775/ month with tenant paying all utilities. The 2 single family homes are currently listed to be pre leased at $2850/month with tenant paying utilities. Pictures are of similar units/projects. Perfect for a 1031 exchange!
Property Details
Property Features
Property Information:
Year Built: 2024
Stories: 2
Living Area: 6,506 SqFt
Listing Office:
Office Name: Lindsey & Associates Inc
Office Phone: (479) 521-6611
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Washer
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Leverett Elementary School
1124 W Cleveland St
Distance between this listing and this school1.17 miles
Public District Grades KG-5
Middle School
5
/10
Ramay Junior High School
401 S Sang Ave
Distance between this listing and this school0.34 miles
Public District Grades 8-9
5
/10
Owl Creek School
375 N Rupple Rd
Distance between this listing and this school2.08 miles
Public District Grades KG-8
High School
6
/10
Fayetteville High School East
1001 W Stone St
Distance between this listing and this school0.62 miles
Public District Grades 9-12
Assigned Schools
8
/10
Leverett Elementary School
1124 W Cleveland St
Distance between this listing and this school1.17 miles
Public District Grades KG-5
Nearby Schools
4
/10
Washington Elementary School
425 North Nighland Ave
Distance between this listing and this school1.57 miles
Public District Grades KG-5
4
/10
Asbell Elementary School
1500 N Sang Ave
Distance between this listing and this school1.65 miles
Public District Grades KG-5
Assigned Schools
5
/10
Ramay Junior High School
401 S Sang Ave
Distance between this listing and this school0.34 miles
Public District Grades 8-9
5
/10
Owl Creek School
375 N Rupple Rd
Distance between this listing and this school2.08 miles
Public District Grades KG-8
Nearby Schools
8
/10
Woodland Junior High School
1 E Poplar St
Distance between this listing and this school2.51 miles
Public District Grades 8-9
Assigned Schools
6
/10
Fayetteville High School East
1001 W Stone St
Distance between this listing and this school0.62 miles
Public District Grades 9-12
Nearby Schools
9
/10
Farmington High School
278 W Main St
Distance between this listing and this school4.04 miles
Public District Grades 1-12
9
/10
Haas Hall Academy
3155 N College Ave
Distance between this listing and this school4.08 miles
The neighbors living near this home have an average income of $25,208. The most common annual income of people living in Fayetteville, AR is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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This home is located at 1638 W Neptune St in Fayetteville, AR and zip code 72701. This 6,506 square foot home, which was built in 2024, sits on a 0.20 acre lot. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $2,600,000.
While more than 17 listings in Fayetteville, AR in March 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 45 were sold below. Between February 2024 and March 2024, Fayetteville, AR real estate market has seen increase in the number of listings by 7.7%. Listings spent 73 days on the market in March 2024, and had a median list price of $372,875 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
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