Duplex with Off-Street
For Sale
$180,000
124 S Woodrow Street, Little Rock, AR 72205
Little Rock, AR
Property Size1,872 SF
Price / SF$96.15
Days on Market94
Property Features for 124 S Woodrow Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Subdivision
Stiffs CS
Standard status
Active
Size
1,872 SF
Building Details
Year built
1930
Listing Agency:
Engel & Volkers Little Rock · Engel & Völkers
(501) 663-6000
Listed By:
Ryan Stephens
Added: Jul 22
Changed: Sep 11
Last Checked: Oct 23 at 9:06AM
MLS# 26025456
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.
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Investment Insights
Based on property information with market context.
This 1,872-square-foot duplex, constructed in 1930, includes two separate residential units and is offered in its current as-is condition. One unit has been taken down to the studs, while completed work includes replacement windows and Hardie siding. A roof installed in 2020 adds a recent building improvement. The second unit remains intact and can be updated cosmetically or renovated more extensively.
The property includes a driveway and a dedicated two-car parking pad. Its address on S Woodrow Street places it in Little Rock’s Historic Capitol View area, with access to neighborhood amenities, Hillcrest, Downtown Little Rock, and major freeway connections.
The existing configuration provides a duplex layout with one unit positioned for continued finish work and another offering a separate improvement path.
The property includes a driveway and a dedicated two-car parking pad. Its address on S Woodrow Street places it in Little Rock’s Historic Capitol View area, with access to neighborhood amenities, Hillcrest, Downtown Little Rock, and major freeway connections.
The existing configuration provides a duplex layout with one unit positioned for continued finish work and another offering a separate improvement path.
Key Highlights
- 1,872‑square‑foot duplex in Little Rock’s Historic Capitol View area
- Roof installed in 2020
- One unit is down to the studs for completion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,130
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,600
$302.6K
Cap Rate 7%
$216,143
$216.1K
Cap Rate 9%
$168,111
$168.1K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$29.2K $15.60/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$27.5K $14.70/SF
− OpEx
−$12.4K −$6.61/SF
NOI
$15.1K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,600
Cap Rate 7%
$216,143
Cap Rate 9%
$168,111
Alternative Uses
Best Use
Multifamily LT 5
$244.1K
$213.6K – $284.8K
NOI $17,087 @ 7.0% cap · market cap 9.49%
Second Best
Apartment 5plus
$216.1K
$189.1K – $252.2K
NOI $15,130 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$340.1K
$297.6K – $396.8K
NOI $23,805 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Explore this area
Business Placement
Demographics for 72205, AR
22,888
Population
12,187
Households
1.9
Avg Household Size
39
Median Age
54%
College-Educated
96%
High-School Grad
8.0 sq mi
ZIP Area
2,861
Density / Sq Mi
$62,888
Median Household Income
$50,948
Median Earnings
$1,110
Median Rent
$204,400
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with one residence under renovation, exterior improvements, and dedicated parking.
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 $180,000.
What are key features of this property?
This property features: 1,872‑square‑foot duplex in Little Rock’s Historic Capitol View area; Roof installed in 2020; One unit is down to the studs for completion
