Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1803-1805 Augusta St North Little Rock, AR 72114

    Sponsored
    For Sale
    $119,900

    Traditional, Duplex - North Little Rock, AR

    Type:Duplex
    Property size:
    1,200 SF
    Lot size:
    0.18 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 4 at 9:06 am

    Property Features for 1803-1805 Augusta St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    Res
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    33N2490000101
    Parking features
    Carport, Covered
    Interior features
    Washer Connection, Dryer Connection-gas, Dryer Connection-electric, Hot Water Heater-gas, Closet - Walk In
    Exterior features
    Outside Storage Area
    Appliances
    Range
    Size
    1,200 SF
    Lot size
    0.18 Acres

    Utilities

    Utilities
    Electricity Available, Water Available
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1947
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Vinyl Siding
    Roof type
    Composition
    Architectural style
    New Traditional
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Andrea Andrews
    Andrea Andrews

    Compass Rose Realty (870) 761-7774

    Listing agent Andrea Andrews (870) 336-1008

    Listing date Mar 3, 2026

    MLS# 26008072 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    North Little Rock Duplex Investment

    Located in the Walthour & Flake Subdivision of North Little Rock, Arkansas, the property at 1803 & 1805 Augusta Street features a 1,200 square foot duplex on a 0.18 acre lot. The building is constructed with siding and includes an attached carport and walkways leading to front porches. Each unit has a functional layout with 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen. One unit is currently rented at $750 per month, offering immediate income. The property is positioned near local dining, shopping, and everyday amenities, presenting an opportunity for investors seeking rental performance in an established area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.285299
    Latitude
    34.772787

    Nearby Similar for Sale

    • $187,000
      1,351 SF

      Equipped Salon in North Little

      Ready-to-operate salon near Argenta Arts District, North Little Rock.
      1710 Main Street Brg, North Little Rock, AR 72114
      View Details
    • New
      $149,900
      992 SF

      Mixed-Use Property on Large Lot

      Versatile mixed-use property on a spacious lot with mature trees.
      4001 Highway 161, North Little Rock, AR 72117
      View Details
    • $570,000
      5,200 SF

      Park Hill Retail/Office Building

      Iconic building in Park Hill, suitable for retail or office.
      3422 John F Kennedy Blvd, North Little Rock, AR 72116
      View Details
    • Contact for pricing
      150 SF

      Private Office Space Available

      Office space with utilities and Wi-Fi included, starting at $500/month.
      208 E Kiehl Ave, Sherwood, AR 72120
      View Details
    • $279,000
      2,932 SF

      North Little Rock Office Building

      Office building with two units, suitable for medical or office use.
      406 W 26Th St, North Little Rock, AR 72114
      View Details
    • $2,900,000
      15,489 SF

      Sherwood Mixed-Use Building and Land

      Mixed-use building with high visibility in Sherwood, Arkansas.
      208 E Kiehl Ave, Sherwood, AR 72120
      View Details
    • $250,000
      2,154 SF

      Restaurant Building and Land For Sale

      Fully built-out restaurant on high-visibility commercial land with ample parking.
      4707 E Broadway St, North Little Rock, AR 72117
      View Details
    • $795,000
      9,000 SF

      Sherwood Commercial Building with Land

      9,000 SF commercial building in Sherwood Commercial Park.
      1041 Lantrip Rd, Sherwood, AR 72120
      View Details
    • $549,900
      8,183 SF

      North Little Rock Industrial Property

      8-acre commercial property near interstate in Maumelle.
      16523 Mac Arthur Dr, North Little Rock, AR 72118
      View Details
    • $75,000
      2,152 SF

      Profitable Business Opportunity For Sale

      Profitable business for sale with low monthly rent.
      3929 Mccain Blvd, North Little Rock, AR 72116
      View Details
    • Contact for pricing
      900 SF

      Move-In Ready Office on JFK

      Recently renovated office space on North Little Rock's premier corridor.
      4505 Jfk Blvd, North Little Rock, AR 72216
      View Details
    • Contact for pricing
      450 SF

      North Little Rock Office Space

      Move-in ready office space on JFK Boulevard.
      4505 Jfk Blvd, North Little Rock, AR 72216
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in established area, immediate income, investment potential.
    Where is this duplex located?
    The property is located at 1803-1805 Augusta St North Little Rock, AR.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Income-producing duplex with one unit currently rented at $750/month.; - Functional layout in each unit: 2 bedrooms, 1 bathroom, living room, and eat-in kitchen.; - Convenient location near local dining, shopping, and everyday amenities.
    (870) 761-7774
    Request Owner's contact information
    1803-1805 Augusta St North Little Rock, AR 72114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1803-1805 Augusta St
    North Little Rock, AR 72114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1803-1805 Augusta St North Little Rock, AR 72114
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andrea Andrews
    Andrea Andrews
    (870) 761-7774 (870) 336-1008
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!