Jacksonville Duplex: Investment
1117-1119 Ruth Ann Drive Jacksonville, AR 72076
1117-1119 Ruth Ann Drive, Jacksonville, AR, 72076
$250,000
For Sale
$250,000
MULTI_FAMILY - Jacksonville, AR
Property Size1,796 SF
Lot Size0.05 Acres
Price / SF$139.20
Days on Market48
Property Features for 1117-1119 Ruth Ann Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 1
- Interior features
- Washer Connection, Dryer Connection-Electric
- Appliances
- Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
- Standard status
- Active
- APN
- 12J0590203500
- Size
- 1,796 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Sec-Twp-Rng: 28-3N-10W
- Tax Annual Amount
- 981
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile
- Roof type
- Shingle
- Architectural style
- Contemporary
Listing Agency
Capital Real Estate Advisors
(501) 420-4097
111 Danbury Cv., Little Rock, AR
Listed by
Sergio Convers · License #PB00059330
(501) 266-0007
Added: May 31 Checked: Jul 17 at 9:06 pm
MLS# 26021814
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.
Investment Insights
Based on property information with market context.
This duplex in Jacksonville, Arkansas, presents an investment opportunity for those looking to maximize their real estate portfolio or reduce monthly living expenses. The property features two units: Unit A at 1117 Ruth Ann Drive, offering 3 bedrooms and 2 bathrooms, and Unit B at 1119 Ruth Ann Drive, with 2 bedrooms and 1 bathroom. Both units include in-unit washer and dryer hookups and private, fully fenced backyards with dedicated 2-car parking pads. Situated minutes from Little Rock Air Force Base (LRAFB), the location provides quick access to local restaurants and major shopping centers. The property's location in a high rental demand area helps ensure low vacancy rates. The lot size is 0.05 acres and the property size is 1796 square feet. This income-generating property allows an owner to live in one unit while the rent from the other unit covers over half the mortgage. It is suitable for investors or those looking to build equity for less than the cost of renting.
Key Highlights
- Duplex with two separate addresses: 1117 Ruth Ann Dr (Unit A) and 1119 Ruth Ann Dr (Unit B)
- Unit A: 3 bedrooms, 2 bathrooms; includes in‑unit washer and dryer hookups and a private, fully fenced backyard with a dedicated 2‑car parking pad
- Unit B: 2 bedrooms, 1 bathroom; includes in‑unit washer and dryer hookups and a private, fully fenced backyard with a dedicated 2‑car parking pad
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 | $23.1k | $12.84 |
| − Vacancy | −$1.5k | −$0.83 |
| EGI | $21.6k | $12.01 |
| − OpEx | −$6.5k | −$3.60 |
| NOI | $15.1k | $8.40 |
1,796 SF · lease $12.84/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$215.6K
$188.7K – $251.6K
NOI $15,093 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$193.0K
$168.9K – $225.2K
NOI $13,511 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$342.6K
$299.8K – $399.7K
NOI $23,981 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex near LRAFB, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 1117-1119 Ruth Ann Drive Jacksonville, AR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex with two separate addresses: 1117 Ruth Ann Dr (Unit A) and 1119 Ruth Ann Dr (Unit B); Unit A: 3 bedrooms, 2 bathrooms; includes in‑unit washer and dryer hookups and a private, fully fenced backyard with a dedicated 2‑car parking pad; Unit B: 2 bedrooms, 1 bathroom; includes in‑unit washer and dryer hookups and a private, fully fenced backyard with a dedicated 2‑car parking pad
