Duplex with Storm
For Sale
Under Contract
$225,000
2812 W 7Th Street, Little Rock, AR 72205
MULTI_FAMILY - Little Rock, AR
Property Size1,910 SF
Lot Size0.16 Acres
Price / SF$117.80
Days on Market85
Property Features for 2812 W 7Th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Patio, Porch
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Hot Water Heater-Gas, Built Ins, Fan - Ceiling, Furnished, Video Surveillance
Exterior features
Partially Fenced, Guttering, Storm Cellar, Patio, Covered, Porch, Wood Fence
Fencing
Wood, Partial
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
Subdivision
FERNDALE ADDN
Lot features
Level, Cleared, In Subdivision
Directions
Google Maps
Standard status
Active Under Contract
APN
34L-044-00-055-00
Size
1,910 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
See title
Tax Annual Amount
2756
Legal Description
See title
Amenities
solar panels
wood deck
front porch
fully fenced backyard
storm shelter
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Carpet - Partial, Vinyl, Wood, Tile
Roof type
Metal
Architectural style
Other
Listing Agency:
Pinnacle Realty Advisors
(501) 255-3504
Listed By:
Nathan Cain
(501) 463-6336
Added: Jun 1
Changed: Aug 4
Last Checked: Aug 24 at 12:06AM
MLS# 26022008
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 duplex built in 1930 offers flexible multi-family living with 2 full bathrooms and 1 half bathroom. The interior includes a hot water heater fueled by gas, built-ins, ceiling fans, and washer/dryer hookups, with washer and dryer set to stay. Appliances include a free-standing stove, microwave, electric range, dishwasher, disposal, refrigerator, and pantry space. Flooring is a mix of vinyl, wood, tile, and partial carpet.
Outdoors, the property features a covered porch and patio areas, including a 180 sq ft wood deck and a 196 sq ft open front porch. The backyard is low-maintenance and fenced, with a 6-foot wood privacy fence, a 5-foot chain-link perimeter, and a durable patio slab. Exterior features also include gutters, partially fenced yard coverage, and a storm cellar.
Additional exterior notes include solar panels and a generous concrete driveway providing off-street parking. The roof is metal.
Outdoors, the property features a covered porch and patio areas, including a 180 sq ft wood deck and a 196 sq ft open front porch. The backyard is low-maintenance and fenced, with a 6-foot wood privacy fence, a 5-foot chain-link perimeter, and a durable patio slab. Exterior features also include gutters, partially fenced yard coverage, and a storm cellar.
Additional exterior notes include solar panels and a generous concrete driveway providing off-street parking. The roof is metal.
Key Highlights
- Built in 1930 duplex with 2 full bathrooms and 1 half bathroom
- Solar panels and metal roof
- Storm cellar plus covered porch, patio, and a 180 sq ft wood deck
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,434
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$348,680
$348.7K
Cap Rate 7%
$249,057
$249.1K
Cap Rate 9%
$193,711
$193.7K
Market Conditions
NOI Build-Up for 1,910 SF
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.
Gross rent
$26.4K $13.80/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$24.9K $13.04/SF
− OpEx
−$7.5K −$3.91/SF
NOI
$17.4K $9.13/SF
Area
Little Rock, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$348,680
Cap Rate 7%
$249,057
Cap Rate 9%
$193,711
Alternative Uses
Best Use
Multifamily LT 5
$249.1K
$217.9K – $290.6K
NOI $17,434 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$220.5K
$193.0K – $257.3K
NOI $15,437 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$347.0K
$303.6K – $404.8K
NOI $24,288 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,097
Businesses Nearby
Explore this area
Business Placement
Demographics for 72205, AR
22,888
Population
12,187
Households
1.9
Avg Household Size
39
Median Age
54%
College-Educated
96%
High-School Grad
8.0 sq mi
ZIP Area
2,861
Density / Sq Mi
$62,888
Median Household Income
$50,948
Median Earnings
$1,110
Median Rent
$204,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex built in 1930 with solar panels, a storm cellar, and a fenced backyard for added peace of mind.
Where is this duplex located?
The property is located at 2812 W 7Th Street Little Rock, AR.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Built in 1930 duplex with 2 full bathrooms and 1 half bathroom; Solar panels and metal roof; Storm cellar plus covered porch, patio, and a 180 sq ft wood deck
