Ranch Duplex with Front
For Sale
Under Contract
$179,900
110 & 112 W I Avenue, North Little Rock, AR 72116
Multi-Family, Ranch, North Little Rock, AR
Property Size1,844 SF
Lot Size0.22 Acres
Price / SF$97.56
Days on Market43
Property Features for 110 & 112 W I Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Patio and Porch features
Porch
Exterior features
Porch
Appliances
Free-Standing Stove, Free-Standing Stove
Subdivision
Park Hill
Lot features
Level, In Subdivision
Directions
Take JFK to W. I Ave.
Standard status
Active Under Contract
Size
1,844 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
Lot 16B, Block 51
Tax Annual Amount
1860
Legal Description
Lot 16B, Block 51
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Wood, Vinyl
Roof type
Composition
Architectural style
Ranch
Listing Agency:
PorchLight Realty - NLR
(501) 476-3994
Listed By:
Alicia Averitt Haley
(501) 831-4009
Added: Aug 28
Changed: Oct 8
Last Checked: Oct 9 at 7:06AM
MLS# 26035173
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.
Located at 110 & 112 W. I Avenue, this 1,844-square-foot duplex contains two residences, each with two bedrooms and one bathroom. The 1950 ranch-style property sits on a 0.22-acre lot and includes porches, wood and vinyl flooring, free-standing stoves, and a composition roof. New windows were installed in 2020.
The 110 W. I Avenue unit is occupied by a long-term tenant, establishing rental history for one side of the property. The North Little Rock location provides access to shopping, dining, interstate routes, and downtown. The layout also supports an owner-occupancy arrangement with a separate adjoining unit.
The 110 W. I Avenue unit is occupied by a long-term tenant, establishing rental history for one side of the property. The North Little Rock location provides access to shopping, dining, interstate routes, and downtown. The layout also supports an owner-occupancy arrangement with a separate adjoining unit.
Key Highlights
- Two‑residence duplex with two bedrooms and one bathroom on each side
- 1,844 square feet on a 0.22‑acre lot
- New windows installed in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,497
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,940
$309.9K
Cap Rate 7%
$221,386
$221.4K
Cap Rate 9%
$172,189
$172.2K
Market Conditions
NOI Build-Up for 1,844 SF
Gross rent
$23.7K $12.84/SF
− Vacancy
−$1.5K −$0.83/SF
EGI
$22.1K $12.01/SF
− OpEx
−$6.6K −$3.60/SF
NOI
$15.5K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,940
Cap Rate 7%
$221,386
Cap Rate 9%
$172,189
Alternative Uses
Best Use
Multifamily LT 5
$221.4K
$193.7K – $258.3K
NOI $15,497 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$198.2K
$173.4K – $231.2K
NOI $13,872 @ 7.0% cap · market cap 7.71%
Theoretical Best
Specialty Retail
$351.7K
$307.8K – $410.4K
NOI $24,622 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 72116, AR
21,715
Population
10,556
Households
2.1
Avg Household Size
42
Median Age
42%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
3,341
Density / Sq Mi
$75,490
Median Household Income
$46,256
Median Earnings
$1,058
Median Rent
$218,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer bedroom and bath layouts, wood and vinyl flooring, and porch features.
Where is this duplex located?
The property is located at 110 & 112 W I Avenue North Little Rock, AR.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two‑residence duplex with two bedrooms and one bathroom on each side; 1,844 square feet on a 0.22‑acre lot; New windows installed in 2020
