Turnkey Triplex Duplex
8700-8702 White Rock Lane Little Rock, AR 72227
For Sale
$625,000
MULTI_FAMILY - Little Rock, AR
Property Size6,906 SF
Lot Size0.54 Acres
Price / SF$90.50
Days on Market20
Property Features for 8700-8702 White Rock Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 12
- Bathrooms
- 12
- Rooms
- Bathroom 5, Bedroom 11, Bathroom 6, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 8, Bedroom 4, Bedroom 6, Bathroom 12, Bathroom 1, Bedroom 7, Bedroom 10, Bedroom 5, Bathroom 9, Bathroom 4, Bathroom 10, Bathroom 11, Bedroom 9, Bathroom 7, Bathroom 2, Bedroom 8, Bedroom 12
- Patio and Porch features
- Deck, Porch
- Interior features
- Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Built Ins, Closet - Walk In, All Units
- Exterior features
- Deck, Covered, Porch
- Appliances
- Free-Standing Stove, Electric Range, Dishwasher, Free-Standing Stove, Electric Range, Dishwasher
- Standard status
- Active
- Size
- 6,906 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Description
- Lots A and B
- Tax Annual Amount
- 6319
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Carpet - Partial, Tile, Vinyl
- Roof type
- Composition
- Architectural style
- Other
Listing Agency:
Keller Williams Realty
(501) 907-5959
Listed By:
Jacob Campbell
(501) 258-0908
Added: Jul 6
Changed: Jul 24
Last Checked: Jul 25 at 4:06AM
MLS# 26027214
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 offering includes two adjacent triplex buildings sold together as a turnkey multifamily investment. Each unit is configured with a spacious living room, an open kitchen/dining area, in-unit laundry, and a half bath on the main level, with two large bedrooms and a full bath upstairs. Utilities are separately metered, with electric, water/sewer, and trash handled independently so tenants pay their own utilities. Owner covers lawn care.
Public remarks indicate that five of six units are currently leased, and the vacant unit was recently renovated and placed online for lease. The properties are all-electric. Numerous improvements were completed between 2024 and 2026, including HVAC systems, water heaters, interior paint, flooring, turnover renovations, and other updates. No showings are available until there is an accepted offer.
Public remarks indicate that five of six units are currently leased, and the vacant unit was recently renovated and placed online for lease. The properties are all-electric. Numerous improvements were completed between 2024 and 2026, including HVAC systems, water heaters, interior paint, flooring, turnover renovations, and other updates. No showings are available until there is an accepted offer.
Key Highlights
- Two adjacent triplexes totaling 6 units, offered together for $625,000; year built 2003; roof is composition.
- Four of six units are currently leased, with two fully renovated units in the final lease‑up stage.
- All‑electric setup with separately metered electric, plus separately metered water/sewer and trash for tenant‑paid utilities.
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 | $107.7k | $15.60 |
| − Vacancy | −$6.2k | −$0.90 |
| EGI | $101.5k | $14.70 |
| − OpEx | −$45.7k | −$6.61 |
| NOI | $55.8k | $8.08 |
6,906 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$797.4K
$697.7K – $930.3K
NOI $55,817 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,818 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Two adjacent triplexes offer separately metered utilities, in-unit laundry, and leased units with recent upgrades.
Where is this apartment building located?
The property is located at 8700-8702 White Rock Lane Little Rock, AR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two adjacent triplexes totaling 6 units, offered together for $625,000; year built 2003; roof is composition.; Four of six units are currently leased, with two fully renovated units in the final lease‑up stage.; All‑electric setup with separately metered electric, plus separately metered water/sewer and trash for tenant‑paid utilities.
