Fully Leased Duplex Income
4600 GUM Street North Little Rock, AR 72120
New
For Sale
$140,000
MULTI_FAMILY - North Little Rock, AR
Property Size1,120 SF
Lot Size0.26 Acres
Price / SF$125
Days on Market4
Property Features for 4600 GUM Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
- Interior features
- Washer Connection, Washer-Stays, Dryer-Stays, Hot Water Heater-Electric
- Appliances
- Free-Standing Stove, Dishwasher, Free-Standing Stove, Dishwasher
- Standard status
- Active
- APN
- 33N1480002701
- Size
- 1,120 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Lot 27
- Tax Annual Amount
- 947
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing Agency:
Michele Phillips & Co. Realtors
(501) 834-3433
Listed By:
Teresa Burl
(501) 442-0214
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 27 at 1:06AM
MLS# 26030254
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 fully leased duplex includes two 1BR/1BA units. The property is described as fully occupied, with each unit equipped with a refrigerator, range, and stackable washer and dryer; the appliances are owned by the seller and are stated to convey with the sale. The property is also described as consisting of all-electric units.
The duplex is located at 4600 GUM Street in North Little Rock, Arkansas (Pulaski County). The listing notes dedicated parking for tenants.
Additional financial information is available upon request, and the listing states current annual gross rental income of $13,200.
The duplex is located at 4600 GUM Street in North Little Rock, Arkansas (Pulaski County). The listing notes dedicated parking for tenants.
Additional financial information is available upon request, and the listing states current annual gross rental income of $13,200.
Key Highlights
- Fully occupied 2‑unit duplex with two 1BR/1BA units
- Current annual gross rental income of $13,200
- All‑electric units; each unit has a refrigerator, range, and stackable washer & dryer (appliances owned by seller and convey)
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 | $14.4k | $12.84 |
| − Vacancy | −$935 | −$0.83 |
| EGI | $13.4k | $12.01 |
| − OpEx | −$4.0k | −$3.60 |
| NOI | $9.4k | $8.40 |
1,120 SF · lease $12.84/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$134.5K
$117.7K – $156.9K
NOI $9,412 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$120.4K
$105.3K – $140.4K
NOI $8,426 @ 7.0% cap · market cap 6.02%
Theoretical Best
Specialty Retail
$213.6K
$186.9K – $249.3K
NOI $14,955 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two 1BR/1BA units and dedicated parking, with in-unit appliances owned by the seller.
Where is this duplex located?
The property is located at 4600 GUM Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Fully occupied 2‑unit duplex with two 1BR/1BA units; Current annual gross rental income of $13,200; All‑electric units; each unit has a refrigerator, range, and stackable washer & dryer (appliances owned by seller and convey)
