823 North Street, Little Rock, AR 72201
MULTI_FAMILY - Little Rock, AR
- Added:
- Jan 6, 2026
- Days on Market:
- 172
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 823 North Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Parking features
- On Street
- Appliances
- Free-Standing Stove, Refrigerator-Stays, Exhaust Fan, Free-Standing Stove, Refrigerator-Stays, Exhaust Fan
- Standard status
- Active Under Contract
- Size
- 6,092 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Description
- See deed
- Tax Annual Amount
- 9020
Building Details
- Year built
- 1918
- Floors in Building
- 3
- Number of units
- 7
- Flooring type
- Vinyl, Tile
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Lou Zamora (501) 339-6279
Listing office LPT Realty Conway 2450 N Donaghey, Little Rock, AR (501) 291-3841
Listing date Jan 6, 2026
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.
HighLights
- 7‑unit apartment complex in downtown Little Rock built in 1918
- Extensive renovations completed in 2022–2023, including new flooring, kitchens, bathrooms, cabinets, and fresh paint in all 7 units
- Roof replacement completed as part of the 2022–2023 renovations
- Brand‑new HVAC systems installed in 2022–2023
- Flooring includes vinyl and tile
- Appliances reported include free‑standing stoves, refrigerators, and exhaust fans
Overview
Local Financial Insights For Apartment 5plus
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 | $95.0k | $15.60 |
| − Vacancy | −$5.5k | −$0.90 |
| EGI | $89.5k | $14.70 |
| − OpEx | −$40.3k | −$6.61 |
| NOI | $49.2k | $8.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.279424
- Latitude
- 34.750717
