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Multifamily Duplex Investment
For Sale
$199,900

9012 Tanya Dr, Little Rock, AR 72204

MULTI_FAMILY - Little Rock, AR

Property Size2,072 SF
Lot Size0.23 Acres
Price / SF$96.48
Days on Market34

Property Features for 9012 Tanya Dr

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Carport
Interior features Washer Connection, Dryer Connection-Electric, Smoke Detector
Appliances Free-Standing Stove, Free-Standing Stove
Subdivision Patriot Manor
Lot features Level
Directions Take John Barrow to Tanya
Standard status Active
APN 44L-094-00-009-00
Size 2,072 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 9
Tax Annual Amount 2052
Legal Description Lot 9

Building Details

Year built 1974
Floors in Building 1
Number of units 2
Flooring type Tile, Vinyl
Roof type Composition
Architectural style Other
Listing Agency: CENTURY 21 Prestige Realty · Century 21 Real Estate
Listed By: John Belden Sr. · License #PB00068696
Added: Jun 29 Changed: Jul 29 Last Checked: Aug 1 at 4:06PM
MLS# 26026920

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 property is a residential income duplex with a total building size of 2,072 square feet. It sits on a 0.23-acre lot and is offered for sale as a multifamily investment opportunity. The available information does not specify unit mix, interior condition, or recent updates, so buyers should confirm details during due diligence.

The duplex is located at 9012 Tanya Dr in Little Rock, Pulaski County, Arkansas 72204. It is presented in a for-sale listing and is positioned for those seeking a small, manageable multifamily holding within the Little Rock market.

For investors, a duplex format can be a practical fit for buyers looking to diversify beyond single-family assets while maintaining a scale that is typically easier to manage than larger multifamily buildings. For owner-occupants, the duplex configuration may also support an arrangement where one unit can be used while the other helps offset housing costs. Prospective buyers should verify current lease status, allowable use, and operating expenses with the seller and during inspections.

Key Highlights

  • Built in 1974
  • Washer and electric dryer hookups
  • Kitchen includes free‑standing stove

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 $32.3k $15.60
− Vacancy −$1.9k −$0.90
EGI $30.4k $14.70
− OpEx −$13.7k −$6.61
NOI $16.7k $8.08
2,072 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$270.2K
$236.4K – $315.2K (±1% cap)
NOI $18,913 @ 7.0% cap · market cap 9.46%
Second Best
Apartment 5plus
$239.2K
$209.3K – $279.1K (±1% cap)
NOI $16,747 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$376.4K
$329.4K – $439.1K (±1% cap)
NOI $26,348 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 72204, AR

31,564
Population
14,570
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
2,077
Density / Sq Mi
$39,088
Median Household Income
$29,733
Median Earnings
$1,016
Median Rent
$117,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Well-sized duplex for residential income use on a compact lot in Little Rock, Arkansas.
Where is this duplex located?
The property is located at 9012 Tanya Dr Little Rock, AR.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Built in 1974; Washer and electric dryer hookups; Kitchen includes free‑standing stove
More about this property
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