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Updated Residential Income Property
For Sale
$259,900

113 Mountain Terrace Circle, Maumelle, AR 72113

Residential, Traditional, Contemporary, Maumelle, AR

Property Size1,428 SF
Lot Size0.09 Acres
Price / SF$182
Days on Market49

Property Features for 113 Mountain Terrace Circle

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 2
Parking features Garage
Patio and Porch features Patio
Interior features Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Kit Counter- Granite Slab
Exterior features Patio
Fireplace 1
Appliances Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
Subdivision MOUNTAIN TERRACE ESTATES TOWNHOM
Lot features Level, Extra Landscaping, In Subdivision
Directions Maumelle Blvd to S Odom. Go approximately one mile and Turn into Mountain Terrace Estates. Go past roundabout. First townhome units at the corner of Mountain Terrace Circle. Turn right and make a left by the mailboxes. Parking is at the rear.
Standard status Active
APN 42M0251000166
Size 1,428 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Lot 19A, Block 0
Tax Annual Amount 2433
HOA Fee $310 Monthly
Legal Description Lot 19A, Block 0

Amenities

pool
community room
washer/dryer

Building Details

Year built 2006
Floors in Building 1
Flooring type Wood, Tile
Roof type Shingle
Architectural style Contemporary, Other
Listing Agency: CBRPM Group · Coldwell Banker Real Estate
Listed By: Stephanie Hurst
Added: Sep 2 Changed: Oct 18 Last Checked: Oct 20 at 3:06AM
MLS# 26035911

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 1428-square-foot contemporary residential income property at 113 Mountain Terrace Circle features wood and tile flooring, a neutral interior palette, granite countertops, recessed lighting, and under-cabinet lighting. The residence includes two bedrooms, two bathrooms, a laundry room, walk-in storage, a full walk-in pantry, breakfast bar, and a fireplace. A two-car garage adds vehicle and storage capacity, while the oversized front patio provides outdoor space. The electric water heater was installed in 2024.

Washer, dryer, and refrigerator convey with the property, along with a free-standing stove, microwave, dishwasher, disposal, and electric range. HOA-covered exterior maintenance includes the roof, lawn care, and siding. Residents also have access to a neighborhood pool and community room. The property is located in Maumelle, Arkansas, within Pulaski County.

Key Highlights

  • 1428 square feet with a contemporary architectural style
  • Two bedrooms, two bathrooms, laundry room, pantry, and walk‑in closets
  • Two‑car garage plus oversized front patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,743
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,860 $214.9K
Cap Rate 7%
$153,471 $153.5K
Cap Rate 9%
$119,367 $119.4K
Market Conditions
NOI Build-Up for 1,428 SF
Gross rent
$20.7K $14.52/SF
− Vacancy
−$1.2K −$0.84/SF
EGI
$19.5K $13.68/SF
− OpEx
−$8.8K −$6.16/SF
NOI
$10.7K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,860
Cap Rate 7%
$153,471
Cap Rate 9%
$119,367

Alternative Uses

Best Use
Apartment 5plus
$153.5K
$134.3K – $179.1K (±1% cap)
NOI $10,743 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$272.4K
$238.3K – $317.8K (±1% cap)
NOI $19,067 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 72113, AR

25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Contemporary residence with granite counters, HOA-maintained exterior, and community pool access.
Where is this residential income property located?
The property is located at 113 Mountain Terrace Circle Maumelle, AR.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 1428 square feet with a contemporary architectural style; Two bedrooms, two bathrooms, laundry room, pantry, and walk‑in closets; Two‑car garage plus oversized front patio
More about this property
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