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Renovation-Ready Duplex with Parking Pad

124 S Woodrow Street Little Rock, AR 72205

124 S Woodrow Street, Little Rock, AR, 72205
$200,000
For Sale
$200,000

Craftsman, Other - Little Rock, AR

Property Size1,872 SF
Lot Size0.16 Acres
Price / SF$106.84
Days on Market17

Property Features for 124 S Woodrow Street

General Information

Property type
Other
Property subtype
Duplex
Zoning
R4
Standard status
Active
APN
34L-061-00-010-00
Size
1,872 SF
Lot size
0.16 Acres

Utilities

Heating system
Central, Natural Gas
Cooling system
Central Air

Building Details

Year built
1930
Flooring type
Tile, Wood
Roof type
Shingle
Architectural style
Craftsman
Listing Agency Engel & Völkers Little Rock
2807 Kavanaugh Blvd., Little Rock, AR
Listed by Ryan Stephens
Added: Jul 1 Checked: Jul 17 at 11:06 pm
MLS# 26025456 Listing URL

Copyright © 2026 Engel & Völkers. 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.

124 S Woodrow Street is a duplex property offered for sale in Little Rock. The home includes off-street parking with a driveway and a dedicated two-car parking pad. A newer roof was installed in 2020.

One of the two units has undergone substantial renovation and is currently down to the studs. Improvements already completed in that unit include new windows and new Hardie siding, with the remaining scope to be completed by the buyer. The second unit remains intact and may be leased with light cosmetic improvements or renovated further.

The property is being sold as-is. Zoning is listed as R4.

Key Highlights

  • Duplex at 124 S Woodrow St in Historic Capitol View (Little Rock)
  • New roof installed in 2020; sold as‑is
  • Unit 1 is down to the studs with improvements including new windows and new Hardie siding

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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Food Market (Bike/Boat/Book/etc) Store Barber Shop Catering Service Computer & Electronic Repair Tech Support Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex for sale with off-street parking and a 2020 roof, with one unit partially renovated and sold as-is.
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 at 124 S Woodrow St in Historic Capitol View (Little Rock); New roof installed in 2020; sold as‑is; Unit 1 is down to the studs with improvements including new windows and new Hardie siding
Contact an agent
More about this property
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