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    506 Prothro St North Little Rock, AR 72117

    For Sale
    $59,900

    Bungalow/Cottage, Duplex - North Little Rock, AR

    Type:Duplex
    Property size:
    1,011 SF
    Lot size:
    0.23 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 506 Prothro St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    n
    Interior features
    Washer Connection, Dryer Connection-electric, Hot Water Heater-gas
    Appliances
    Dishwasher, Garbage Disposer, Range, Range - Gas, Refrigerator, Washer
    Size
    1,011 SF
    Lot size
    0.23 Acres

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Floor Furnace, Wall Furnace
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Carpet - Partial, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Composition
    Architectural style
    Bungalow

    iRealty Arkansas (501) 837-4391 [email protected]

    Listing agent Alissa Mathews (501) 392-6298

    Listing date Oct 3, 2025

    MLS# 25039192 Listing URL

    Copyright © 2025 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.

    Overview

    North Little Rock Duplex Investment

    This property features two cash-flowing units situated on a single parcel. Located in North Little Rock, AR, the property includes a single-family residence (SFR) at 506 Prothro, featuring 2 bedrooms and 1 bathroom, currently rented for $610 per month, with the owner responsible for water. Additionally, there is a garage apartment located at 506 1/2 Prothro, which rents for $450 per month, inclusive of all utilities. Both units are tenant-occupied with month-to-month leases, providing stable income. New hot water tanks were installed in 2023. The property, zoned 'n', has a lot size of 0.23 acres and the building size is 1011 square feet. This duplex is an investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.211589
    Latitude
    34.755703

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    FAQs

    What type of property is this?
    Duplex - Two cash-flowing units on one parcel in North Little Rock.
    Where is this duplex located?
    The property is located at 506 Prothro St North Little Rock, AR.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: - Two cash-flowing rental units on one parcel.; - Currently generating rental income from both units.; - New hot water tanks installed in 2023.
    (501) 392-6298
    Request Owner's contact information
    506 Prothro St North Little Rock, AR 72117
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    North Little Rock, AR 72117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    506 Prothro St North Little Rock, AR 72117
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