Residential Income Townhome with
For Sale
$209,000
28 Kingsbridge Way, Little Rock, AR 72212
CONDOS - Little Rock, AR
Property Size1,800 SF
Price / SF$116.11
Days on Market21
Property Features for 28 Kingsbridge Way
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Assigned
Patio and Porch features
Porch, Patio
Interior features
Washer Connection, Dryer Connection-Electric, Balcony/Loft, Built-Ins, Ceiling Fan(s), Breakfast Bar, Kit Counter- Granite Slab
Exterior features
Patio, Porch, Fully Fenced, Outside Storage Area
Fencing
Full
Fireplace
1
Appliances
Microwave, Gas Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Wall Oven
Subdivision
KINGSBRIDGE TWNHSE
Lot features
Sloped, Level, In Subdivision
Directions
Pleasant Valley - Platte - Kingsbridge Way
Standard status
Active
Size
1,800 SF
Taxes and HOA fees
Tax Description
Lot 28 Block Apt 28
Tax Annual Amount
2631
HOA Fee
$350 Monthly
Legal Description
Lot 28 Block Apt 28
Amenities
clubhouse
swimming pool
tennis courts
pickleball
private outdoor patio
fireplace
Building Details
Year built
1976
Floors in Building
2
Flooring type
Vinyl, Wood
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
The Property Group
(501) 663-0505
Listed By:
Phillip Bridges
(501) 541-5316
Added: Jul 16
Changed: Aug 2
Last Checked: Aug 5 at 6:06AM
MLS# 26028702
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 townhome offers comfortable, low-maintenance living with 3 bedrooms and 2.5 bathrooms. The interior includes generous living and dining spaces, a cozy fireplace, and built-in features. Upstairs, all bedrooms are located together, including the primary bedroom with access to a second level balcony. Outdoor space includes a private patio, porch, fully fenced yard, and an outside storage area.
Recent updates include a new roof in 2018, upstairs flooring, an HVAC system in 2021, and a hot water heater in 2022. The property also features assigned parking and a washer and dryer hookup.
Residents of the Kingsbridge community enjoy on-site amenities including a clubhouse, swimming pool, tennis courts, and pickleball.
Recent updates include a new roof in 2018, upstairs flooring, an HVAC system in 2021, and a hot water heater in 2022. The property also features assigned parking and a washer and dryer hookup.
Residents of the Kingsbridge community enjoy on-site amenities including a clubhouse, swimming pool, tennis courts, and pickleball.
Key Highlights
- 3 bedrooms and 2.5 bathrooms with built‑ins and upstairs bedrooms
- Private patio, porch, and fully fenced yard plus outside storage area
- New roof in 2018, HVAC in 2021, and hot water heater in 2022
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 | $28.1k | $15.60 |
| − Vacancy | −$1.6k | −$0.90 |
| EGI | $26.5k | $14.70 |
| − OpEx | −$11.9k | −$6.61 |
| NOI | $14.5k | $8.08 |
1,800 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$207.8K
$181.9K – $242.5K
NOI $14,548 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$327.0K
$286.1K – $381.5K
NOI $22,889 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
Explore this area
Business Placement
Demographics for 72212, AR
12,612
Population
5,469
Households
2.3
Avg Household Size
43
Median Age
72%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
2,068
Density / Sq Mi
$116,310
Median Household Income
$66,158
Median Earnings
$1,089
Median Rent
$341,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Move-in-ready townhome with 3 bedrooms, 2.5 baths, private patio, and recent updates including new roof, HVAC, and water heater.
Where is this residential income property located?
The property is located at 28 Kingsbridge Way Little Rock, AR.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: 3 bedrooms and 2.5 bathrooms with built‑ins and upstairs bedrooms; Private patio, porch, and fully fenced yard plus outside storage area; New roof in 2018, HVAC in 2021, and hot water heater in 2022
