Updated Six-Unit Apartment
For Sale
$379,000
8 Terrace Place, Little Rock, AR 72209
Commercial / Industrial, Little Rock, AR
Property Size5,142 SF
Lot Size0.35 Acres
Price / SF$73.71
Days on Market105
Property Features for 8 Terrace Place
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
16
Directions
Take Geyer Springs Exit 133 Turn left on Geyer Springs Road, continue south 1.5 miles, right on Mabelvale Pike, right on Hatfield Dr., turn left onto Terrace Place
Subdivision
Little Rock
Standard status
Active
Size
5,142 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Description
Lot 6 Mann Terrace Pul Cnty
Tax Annual Amount
4208
Legal Description
Lot 6 Mann Terrace Pul Cnty
Building Details
Year built
1973
Floors in Building
2
Listing Agency:
LPT Realty Conway · RE/MAX International
(501) 291-3841
Listed By:
Kelly Thomas
(501) 697-0395
Added: Jun 19
Changed: Sep 11
Last Checked: Oct 1 at 3:06AM
MLS# 26024955
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 six-unit apartment property includes a mix of one-, two-, and three-bedroom residences within a 5,142-square-foot building. The 1973 asset has benefited from interior updates, updated HVAC systems, and a newer roof, providing several recent improvements across the property.
The property occupies 0.35 acres at 8 Terrace Place in Little Rock, Arkansas. Its unit variety and multifamily configuration support residential rental use within a compact apartment setting.
The property occupies 0.35 acres at 8 Terrace Place in Little Rock, Arkansas. Its unit variety and multifamily configuration support residential rental use within a compact apartment setting.
Key Highlights
- Six‑unit apartment property with a mix of 1-, 2-, and 3‑bedroom units
- 5,142 square feet of building area on 0.35 acres
- Updated HVAC systems
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
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Business Placement
Demographics for 72209, AR
31,641
Population
13,863
Households
2.3
Avg Household Size
32
Median Age
12%
College-Educated
80%
High-School Grad
18.3 sq mi
ZIP Area
1,729
Density / Sq Mi
$40,267
Median Household Income
$32,681
Median Earnings
$982
Median Rent
$99,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with varied unit sizes, refreshed interiors, updated HVAC systems, and a newer roof.
Where is this apartment building located?
The property is located at 8 Terrace Place Little Rock, AR.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Six‑unit apartment property with a mix of 1-, 2-, and 3‑bedroom units; 5,142 square feet of building area on 0.35 acres; Updated HVAC systems
