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    Duplex with Partially Renovated Unit Title is generated by Realmo AI

    124 S Woodrow Street, Little Rock, AR 72205

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    Claim this Listing
    New
    For Sale
    $200,000

    MULTI_FAMILY - Little Rock, AR

    Property size:
    1,872 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $106/SF
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 5:06 pm

    Property Features for 124 S Woodrow Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    34L-061-00-010-00
    Size
    1,872 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 9 Block 1
    Tax Annual Amount
    2026

    Building Details

    Year built
    1930
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood, Tile
    Roof type
    Shingle
    Architectural style
    Craftsman

    We can help!

    Contact an agent
    Ryan Stephens

    Listing agent Ryan Stephens

    Listing office Engel & Volkers 2807 Kavanaugh Bld. Suite A, Little Rock, AR

    Listing date Jun 24, 2026

    MLS# 26025456 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

    • Duplex built in 1930 in a Craftsman style with tile and wood flooring
    • Newer shingle roof installed in 2020
    • Off‑street parking includes driveway and dedicated two‑car parking pad
    • One unit has been substantially renovated down to the studs; improvements started include new windows and new Hardie siding
    • Second unit remains intact for leasing with light cosmetic updates or full renovation

    Overview

    124 S Woodrow Street is a duplex with off-street parking, including a driveway and a dedicated two-car parking pad. The property includes a newer roof installed in 2020. One unit has undergone substantial renovation work and is currently down to the studs, and it has already received new windows and new Hardie siding.

    The property is located in Historic Capitol View in Little Rock, with convenient access described to nearby neighborhood amenities, Hillcrest, Downtown Little Rock, and major freeway connections.

    The current condition supports multiple ownership approaches. A buyer can complete the renovation of the unit that is already stripped down and partially improved, or choose to lease the second unit as-is with light cosmetic work, with the option to renovate further. The sale is being conducted as-is, allowing the next owner to finish the remaining improvements and manage the property’s final condition to meet their operating plans.

    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 $25.8k $13.80
    − Vacancy −$1.4k −$0.76
    EGI $24.4k $13.04
    − OpEx −$7.3k −$3.91
    NOI $17.1k $9.13
    1,872 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $244.1K
    $213.6K – $284.8K (±1% cap)
    NOI $17,087 @ 7.0% cap · market cap 8.54%
    Second Best
    Apartment 5plus
    $216.1K
    $189.1K – $252.2K (±1% cap)
    NOI $15,130 @ 7.0% cap · market cap 7.56%
    Theoretical Best
    Office A
    $340.1K
    $297.6K – $396.8K (±1% cap)
    NOI $23,805 @ 7.0% cap · market cap 11.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.305676
    Latitude
    34.749598

    FAQs

    What type of property is this?
    Duplex - Duplex with off-street parking and a renovation-ready unit, sold as-is for owner-finish flexibility.
    Where is this duplex located?
    The property is located at 124 S Woodrow Street Little Rock, AR.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Duplex built in 1930 in a Craftsman style with tile and wood flooring; Newer shingle roof installed in 2020; Off‑street parking includes driveway and dedicated two‑car parking pad
    More about this property
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