Two-Bedroom Condo with Private
103 Cambridge Place, Little Rock, AR 72227
For Sale
$210,000
Residential, Traditional, Little Rock, AR
Property Size1,755 SF
Price / SF$119.66
Days on Market160
Property Features for 103 Cambridge Place
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Fireplace
Appliances
Subdivision
Lot features
Directions
Standard status
Size
Taxes and HOA fees
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Amenities
private brick patio
clubhouse
swimming pool
tennis courts
basketball court
Building Details
Year built
Floors in Building
Flooring type
Roof type
Architectural style
Listing Agency:
Clark & Co. Realty
(501) 315-5103
Listed By:
Dwayne Page
(501) 317-7336
Added: Jun 8
Changed: Nov 11
Last Checked: Nov 14 at 4:06AM
MLS# 26022896
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 1,755-square-foot condominium has two bedrooms, 2 3/4 bathrooms, a fireplace, and a private brick patio. Interior features include hardwood flooring and a walk-in closet. The refrigerator, washer, and dryer are included, and the home was built in 1973.
The property association covers water, trash service, lawn care, roof and exterior maintenance, and termite service. Residents also have access to a clubhouse, swimming pool, tennis courts, and basketball court. Shopping, dining, medical facilities, and outdoor recreation are nearby.
The property association covers water, trash service, lawn care, roof and exterior maintenance, and termite service. Residents also have access to a clubhouse, swimming pool, tennis courts, and basketball court. Shopping, dining, medical facilities, and outdoor recreation are nearby.
Key Highlights
- 1,755 square feet with two bedrooms and 2 3/4 bathrooms
- Private brick patio
- Property association covers water, trash, lawn care, roof and exterior maintenance, and termite service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,185
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,700
$283.7K
Cap Rate 7%
$202,643
$202.6K
Cap Rate 9%
$157,611
$157.6K
Market Conditions
NOI Build-Up for 1,755 SF
Gross rent
$27.4K $15.60/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$25.8K $14.70/SF
− OpEx
−$11.6K −$6.61/SF
NOI
$14.2K $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%
$283,700
Cap Rate 7%
$202,643
Cap Rate 9%
$157,611
Alternative Uses
Best Use
Apartment 5plus
$202.6K
$177.3K – $236.4K
NOI $14,185 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.8K
$279.0K – $372.0K
NOI $22,317 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
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Business Placement
Demographics for 72227, AR
11,090
Population
5,700
Households
1.9
Avg Household Size
41
Median Age
55%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,918
Density / Sq Mi
$73,533
Median Household Income
$52,565
Median Earnings
$1,035
Median Rent
$260,900
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Little Rock, AR
Properties on Market for Residential income properties in Little Rock
Frequently Asked Questions
What type of property is this?
Residential income property - The property association covers exterior upkeep and provides access to shared recreation amenities.
Where is this residential income property located?
The property is located at 103 Cambridge Place Little Rock, AR.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 1,755 square feet with two bedrooms and 2 3/4 bathrooms; Private brick patio; Property association covers water, trash, lawn care, roof and exterior maintenance, and termite service
