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Traditional Apartment Building
For Sale
$650,000

10223 Lanehart Road, Little Rock, AR 72204

Multi-Family, Traditional, Little Rock, AR

Property Size7,984 SF
Lot Size0.92 Acres
Price / SF$81.41
Days on Market219

Property Features for 10223 Lanehart Road

General Information

Property type Residential Multi Family
Property subtype Apartment
Interior features Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays
Appliances Free-Standing Stove, Electric Range, Refrigerator-Stays, Free-Standing Stove, Electric Range, Refrigerator-Stays
Subdivision Metes & Bounds
Lot features Level
Directions Exit Stagecoach. Head East to Lanehart and turn Right
Standard status Active
Size 7,984 SF
Lot size 0.92 Acres

Taxes and HOA fees

Tax Description Parcel 44L1880006401
Tax Annual Amount 2973
Legal Description Parcel 44L1880006401

Building Details

Year built 1958
Floors in Building 2
Number of units 9
Flooring type Carpet - Partial, Tile
Roof type Metal, Shingle
Architectural style Other
Listing Agency: McKimmey Associates REALTORS NLR
Listed By: Jennifer Thomas
Added: Feb 7 Changed: Sep 13 Last Checked: Sep 14 at 4:06AM
MLS# 26004905

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 apartment building at 10223 Lanehart Road in Little Rock, Arkansas, contains 7,984 square feet on a 0.92-acre parcel. Constructed in 1958, the property includes washer and dryer connections, with washers, electric dryers, and refrigerators remaining in place. Interior finishes combine tile flooring with partial carpet, while the roofing includes both metal and shingle materials.

The property is located in Pulaski County within the 72204 postal area. Its established multifamily configuration and existing appliance and laundry features provide a defined physical foundation for continued apartment use.

Key Highlights

  • 7,984‑square‑foot apartment building on 0.92 acres
  • Constructed in 1958
  • Washer and dryer connections throughout the property

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 72204, AR

31,564
Population
14,570
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
2,077
Density / Sq Mi
$39,088
Median Household Income
$29,733
Median Earnings
$1,016
Median Rent
$117,600
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?
Apartment building - Established multifamily property with in-place laundry connections, appliances, and a combination of tile and partial carpet flooring.
Where is this apartment building located?
The property is located at 10223 Lanehart Road Little Rock, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 7,984‑square‑foot apartment building on 0.92 acres; Constructed in 1958; Washer and dryer connections throughout the property
More about this property
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