Residential Income Property with
For Sale
$349,000
103 Claremore Court, Little Rock, AR 72227
Residential, Traditional, Little Rock, AR
Property Size3,023 SF
Price / SF$115.45
Days on Market60
Property Features for 103 Claremore Court
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Laundry Room, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Great Room
Parking features
Garage
Patio and Porch features
Patio
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower
Exterior features
Patio, Fully Fenced, Guttering
Fencing
Full
Fireplace
1
Appliances
Built-In Stove, Microwave, Gas Range, Dishwasher, Disposal, Ice Maker Connection, Wall Oven
Subdivision
CLAREMORE COURT
Lot features
Sloped, Extra Landscaping, In Subdivision
Directions
From Cantrell Road head south on Reservoir Road. Turn right onto Claremore Street and then right onto Claremore Court. House will be on your right.
Standard status
Active
Size
3,023 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
Lot 2 TR A
Tax Annual Amount
2479
HOA Fee
$350 Monthly
Legal Description
Lot 2 TR A
Building Details
Year built
1987
Floors in Building
2
Flooring type
Carpet, Tile, Wood
Roof type
Composition
Architectural style
Other
Listing Agency:
Charlotte John Company (Little Rock) · Century 21 Real Estate
(501) 664-5646
Listed By:
Lauren Clark
(501) 580-5048
Added: Aug 25
Changed: Oct 18
Last Checked: Oct 23 at 11:06AM
MLS# 26034714
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 3,023-square-foot residential income property, built in 1987, offers a two-level layout with four bedrooms and four bathrooms. The main floor includes a great room with high ceilings and a gas fireplace, a formal dining area, a sitting room, sunroom, kitchen, laundry room, and two bedrooms including the primary suite. The upper level adds two bedrooms, a bathroom, a large living area, and a project closet.
The kitchen features a gas range, wall oven, dishwasher, microwave, and disposal, with wood, carpet, and tile flooring throughout the residence. Additional features include walk-in closets, a walk-in shower, gas water heating, electric dryer connections, a garage, composition roofing, and a full fence. A private patio provides outdoor space, while the property is located near shopping and interstate access.
The kitchen features a gas range, wall oven, dishwasher, microwave, and disposal, with wood, carpet, and tile flooring throughout the residence. Additional features include walk-in closets, a walk-in shower, gas water heating, electric dryer connections, a garage, composition roofing, and a full fence. A private patio provides outdoor space, while the property is located near shopping and interstate access.
Key Highlights
- 3,023‑square‑foot residential income property built in 1987
- Four‑bedroom, four‑bathroom layout across two levels
- Main‑level primary suite plus additional upper‑level bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,433
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,660
$488.7K
Cap Rate 7%
$349,043
$349.0K
Cap Rate 9%
$271,478
$271.5K
Market Conditions
NOI Build-Up for 3,023 SF
Gross rent
$47.2K $15.60/SF
− Vacancy
−$2.7K −$0.90/SF
EGI
$44.4K $14.70/SF
− OpEx
−$20.0K −$6.61/SF
NOI
$24.4K $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%
$488,660
Cap Rate 7%
$349,043
Cap Rate 9%
$271,478
Alternative Uses
Best Use
Apartment 5plus
$349.0K
$305.4K – $407.2K
NOI $24,433 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$549.2K
$480.5K – $640.7K
NOI $38,441 @ 7.0% cap · market cap 11.01%
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
117
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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Frequently Asked Questions
What type of property is this?
Residential income property - Two-level residence with four bedrooms, multiple living areas, an updated kitchen, and a private enclosed outdoor area.
Where is this residential income property located?
The property is located at 103 Claremore Court Little Rock, AR.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 3,023‑square‑foot residential income property built in 1987; Four‑bedroom, four‑bathroom layout across two levels; Main‑level primary suite plus additional upper‑level bedrooms
