Tenant-Occupied Duplex for
2104 Virginia Drive North Little Rock, AR 72118
2104 Virginia Drive, North Little Rock, AR, 72118
$145,000
For Sale
$145,000
MULTI_FAMILY - North Little Rock, AR
Property Size1,740 SF
Lot Size0.17 Acres
Price / SF$83.33
Days on Market102
Property Features for 2104 Virginia Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Free-Standing Stove, Free-Standing Stove
- Standard status
- Active
- APN
- 33N-125-00-077-00
- Size
- 1,740 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 79/0
- Tax Annual Amount
- 1629
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet - Partial, Vinyl
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
River Rock Realty Company
(501) 353-2504
3011 W Markham, Little Rock, AR
Listed by
Jamie Hoffman
(501) 232-8964
Added: Apr 10 Checked: Jul 20 at 5:06 am
MLS# 26014070
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.
Investment Insights
Based on property information with market context.
This offering is a duplex in North Little Rock, AR, featuring two separate units within a single residential income property. Both units are currently tenant occupied, and the property is being sold with a lease in place. There is no seller property disclosure available for this listing.
The property is located close to Burns Park and provides convenient interstate access. It is also positioned near local shopping and dining.
For buyers, this is a straightforward leased duplex structure with tenant occupancy already in place. Showings require 24-hour notice, and tours are limited to Monday through Friday. Any offer must include the verbiage that the buyer is aware there is a lease in place and agrees to the lease terms, and agents should review the remarks for the specific lease terms.
The property is located close to Burns Park and provides convenient interstate access. It is also positioned near local shopping and dining.
For buyers, this is a straightforward leased duplex structure with tenant occupancy already in place. Showings require 24-hour notice, and tours are limited to Monday through Friday. Any offer must include the verbiage that the buyer is aware there is a lease in place and agrees to the lease terms, and agents should review the remarks for the specific lease terms.
Key Highlights
- Duplex in North Little Rock with both units tenant occupied
- Year built 1972
- Roof type: shingle
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.3k | $14.52 |
| − Vacancy | −$1.5k | −$0.84 |
| EGI | $23.8k | $13.68 |
| − OpEx | −$10.7k | −$6.16 |
| NOI | $13.1k | $7.52 |
1,740 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$208.9K
$182.8K – $243.7K
NOI $14,623 @ 7.0% cap · market cap 10.08%
Second Best
Apartment 5plus
$187.0K
$163.6K – $218.2K
NOI $13,090 @ 7.0% cap · market cap 9.03%
Theoretical Best
Specialty Retail
$331.9K
$290.4K – $387.2K
NOI $23,233 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two tenant-occupied units, offered with a lease in place and 24-hour showing notice.
Where is this duplex located?
The property is located at 2104 Virginia Drive North Little Rock, AR.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Duplex in North Little Rock with both units tenant occupied; Year built 1972; Roof type: shingle
