Quadplex Income
10800 Frenchmen Loop, North Little Rock, AR 72113
MULTI_FAMILY - North Little Rock, AR
Property size:
4,468 SFLot size:
0.31 AcresPrice / SF:
$106/SF- Added:
- Apr 27, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 14 at 11:06 am
Property Features for 10800 Frenchmen Loop
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 7, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 8, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 7, Bathroom 5, Bedroom 2, Bedroom 8
- Interior features
- Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Breakfast Bar, Closet - Walk In, Fan - Ceiling, Primary Bedroom with Bath, Window Treatments
- Appliances
- Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection, Water Filter, Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection, Water Filter
- Standard status
- Active
- Size
- 4,468 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 10 Frenchmen Woods
- Tax Annual Amount
- 4954
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Laminate, Carpet - Partial
- Roof type
- Composition
- Architectural style
- Other
Listing agent Sharon Adkins (501) 517-0509
Listing office Adkins & Associates Real Estate 11621 Rainwood Rd, Suite #4, Little Rock, AR (501) 224-3900
Listing date Apr 27, 2026
MLS# 26016853
Listing URL
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.
HighLights
- Year built 2006 with a composition roof
- Multi‑unit setup with Unit A and Unit B (Unit B available for rent now)
- Unit A: new paint and carpet; professionally cleaned and inspected, with repairs completed
- Unit B: paint and flooring updated within approx. last year; professionally cleaned and inspected with necessary repairs completed
- Interior includes washer connection and electric dryer connection, plus electric hot water heater
- Flooring mix includes tile, laminate, and partial carpet
Overview
This is a quadplex residential income property totaling 4,468 square feet on a 0.31-acre lot. Per the seller, income and expenses are to be verified, and Rainey Realty, Inc. statements for three years are available upon request. Unit A was reportedly updated with new paint and carpet, and was professionally cleaned and inspected; Unit A has been vacated. Unit B recently received paint and flooring (approximately one year ago), and was professionally cleaned and inspected with necessary repairs completed; Unit B is vacated and available for rent now.
The property is located at 10800 Frenchmen Loop in North Little Rock, Arkansas, in Pulaski County. The listing notes that Unit A will remain vacant specifically for showings for now.
For buyers or investors, this configuration presents an immediate leasing path with Unit B available for rent now, while Unit A is set aside for controlled access during the showing period. Prospective tenants and brokers can review the condition updates described above and confirm current rent-ready status during tours. As with any income-producing property, the listing emphasizes that financial performance should be verified through the provided documentation and updated operating information.
The property is located at 10800 Frenchmen Loop in North Little Rock, Arkansas, in Pulaski County. The listing notes that Unit A will remain vacant specifically for showings for now.
For buyers or investors, this configuration presents an immediate leasing path with Unit B available for rent now, while Unit A is set aside for controlled access during the showing period. Prospective tenants and brokers can review the condition updates described above and confirm current rent-ready status during tours. As with any income-producing property, the listing emphasizes that financial performance should be verified through the provided documentation and updated operating information.
Local Financial Insights For Multifamily LT 5
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 | $57.4k | $12.84 |
| − Vacancy | −$3.7k | −$0.83 |
| EGI | $53.6k | $12.01 |
| − OpEx | −$16.1k | −$3.60 |
| NOI | $37.5k | $8.40 |
4,468 SF · lease $12.84/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$536.4K
$469.4K – $625.8K
NOI $37,548 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$480.2K
$420.2K – $560.2K
NOI $33,612 @ 7.0% cap · market cap 7.08%
Theoretical Best
Specialty Retail
$852.3K
$745.7K – $994.3K
NOI $59,659 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- North Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.385772
- Latitude
- 34.83981
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit residential income property with two recently vacated units prepared for showings and potential occupancy.
Where is this quadplex located?
The property is located at 10800 Frenchmen Loop North Little Rock, AR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Year built 2006 with a composition roof; Multi‑unit setup with Unit A and Unit B (Unit B available for rent now); Unit A: new paint and carpet; professionally cleaned and inspected, with repairs completed
