Residential Income Property with
New
For Sale
$450,000
1 Treetops Lane, Little Rock, AR 72202
Residential, Traditional, Little Rock, AR
Property Size1,874 SF
Price / SF$240.13
Days on Market5
Property Features for 1 Treetops Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Living Room, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Parking features
Carport, Assigned
Patio and Porch features
Patio
Interior features
Washer Connection, Walk-In Closet(s), Kit Counter- Granite Slab
Exterior features
Patio
Fireplace
1
Appliances
Dishwasher, Disposal
Subdivision
TREETOPS HPR
Lot features
Sloped, In Subdivision
Directions
Rebsman Park Road to On Treetops Lane go to top and make a right into parking
Standard status
Active
Size
1,874 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
404/D
Tax Annual Amount
1430
HOA Fee
$1,384 Monthly
Legal Description
404/D
Amenities
24 hour concierge
pool
Building Details
Year built
1982
Flooring type
Carpet, Wood
Roof type
Flat
Architectural style
Other
Listing Agency:
Janet Jones Company
(501) 224-3201
Listed By:
Casey Jones
(501) 944-8000
Added: Oct 19
Changed: Oct 20
Last Checked: Oct 23 at 7:06AM
MLS# 26042190
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.
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Investment Insights
Based on property information with market context.
This fourth-floor condominium offers 1,874 square feet with three bedrooms and three full bathrooms. The layout includes a separate den or office, a walk-in closet, and a kitchen with granite counters, a dishwasher, and a disposal. Living space opens to a balcony, and the primary bedroom has its own balcony. The residence also includes a fireplace, wood and carpet flooring, and washer connections.
Building amenities include a 24-hour concierge, shared pool, reception area, and common areas. Assigned carport parking is provided. Built in 1982, the property is located in Little Rock.
Building amenities include a 24-hour concierge, shared pool, reception area, and common areas. Assigned carport parking is provided. Built in 1982, the property is located in Little Rock.
Key Highlights
- 1,874‑square‑foot condominium on the fourth floor
- Three bedrooms and three full bathrooms
- Separate den or home office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,146
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,920
$302.9K
Cap Rate 7%
$216,371
$216.4K
Cap Rate 9%
$168,289
$168.3K
Market Conditions
NOI Build-Up for 1,874 SF
Gross rent
$29.2K $15.60/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$27.5K $14.70/SF
− OpEx
−$12.4K −$6.61/SF
NOI
$15.1K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,920
Cap Rate 7%
$216,371
Cap Rate 9%
$168,289
Alternative Uses
Best Use
Apartment 5plus
$216.4K
$189.3K – $252.4K
NOI $15,146 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$340.4K
$297.9K – $397.2K
NOI $23,830 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
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Business Placement
Demographics for 72202, AR
10,340
Population
7,403
Households
1.4
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$54,167
Median Household Income
$42,981
Median Earnings
$1,040
Median Rent
$246,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A fourth-floor residence combines three bedrooms and three full baths with a separate den and private outdoor space.
Where is this residential income property located?
The property is located at 1 Treetops Lane Little Rock, AR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,874‑square‑foot condominium on the fourth floor; Three bedrooms and three full bathrooms; Separate den or home office
