Duplex Income Property for
For Sale
$195,000
4405-4407 Lynn Ln, North Little Rock, AR 72118
MULTI_FAMILY - North Little Rock, AR
Property Size1,662 SF
Lot Size0.17 Acres
Price / SF$117.33
Days on Market34
Property Features for 4405-4407 Lynn Ln
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Interior features
Washer Connection, Dryer Connection-Electric
Appliances
Free-Standing Stove, Free-Standing Stove
Subdivision
WAWAK ADDN
Lot features
Level
Directions
Take W 44th to Lynn
Standard status
Active
APN
33N-169-00-003-00
Size
1,662 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 3
Tax Annual Amount
1303
Legal Description
Lot 3
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Flooring type
Tile
Roof type
Composition
Architectural style
Other
Listing Agency:
CENTURY 21 Prestige Realty · Century 21 Real Estate
(501) 982-4574
Listed By:
John Belden Sr. · License #PB00068696
(501) 259-0555
Added: Jun 29
Changed: Jul 23
Last Checked: Aug 1 at 4:06PM
MLS# 26026916
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 income property is listed for sale as a two-address asset at 4405-4407 Lynn Ln. The property size is 1,662 square feet, situated on a 0.17-acre lot. As presented, it’s positioned for residential income use with both sides contained within the same overall property footprint.
The property is located in North Little Rock, Arkansas (72118) in Pulaski County. It is offered as a single listing covering the duplex units at the two consecutive addresses, which can simplify ownership and oversight for an investor or operator seeking a compact residential income holding.
For buyers looking at residential income, a duplex format can provide a straightforward way to diversify within a smaller, manageably scaled property. With the asset size and lot scale provided, prospective purchasers can evaluate it as a baseline residential income opportunity and consider how the existing duplex configuration fits their ownership goals and operating approach.
The property is located in North Little Rock, Arkansas (72118) in Pulaski County. It is offered as a single listing covering the duplex units at the two consecutive addresses, which can simplify ownership and oversight for an investor or operator seeking a compact residential income holding.
For buyers looking at residential income, a duplex format can provide a straightforward way to diversify within a smaller, manageably scaled property. With the asset size and lot scale provided, prospective purchasers can evaluate it as a baseline residential income opportunity and consider how the existing duplex configuration fits their ownership goals and operating approach.
Key Highlights
- Year built 1965
- Tile flooring
- Washer connection and electric dryer connection
Financial Insights For Multifamily LT 5
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 | $21.3k | $12.84 |
| − Vacancy | −$1.4k | −$0.83 |
| EGI | $20.0k | $12.01 |
| − OpEx | −$6.0k | −$3.60 |
| NOI | $14.0k | $8.40 |
1,662 SF · lease $12.84/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$199.5K
$174.6K – $232.8K
NOI $13,967 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$178.6K
$156.3K – $208.4K
NOI $12,503 @ 7.0% cap · market cap 6.41%
Theoretical Best
Specialty Retail
$317.0K
$277.4K – $369.9K
NOI $22,192 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Explore this area
Business Placement
Demographics for 72118, AR
22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex property offers a residential income setup with two units under one ownership.
Where is this duplex located?
The property is located at 4405-4407 Lynn Ln North Little Rock, AR.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Year built 1965; Tile flooring; Washer connection and electric dryer connection
