Craftsman Duplex with
New
For Sale
$229,990
128 S Woodrow Street, Little Rock, AR 72205
Multi-Family, Craftsman, Little Rock, AR
Property Size1,530 SF
Lot Size0.16 Acres
Price / SF$150.32
Days on Market4
Property Features for 128 S Woodrow Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Porch, Deck
Interior features
Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Fan - Ceiling, Window Treatments
Exterior features
Partially Fenced, Deck, Porch
Fencing
Partial
Appliances
Free-Standing Stove, Gas Range, Dishwasher, Refrigerator-Stays, Free-Standing Stove, Gas Range, Dishwasher, Refrigerator-Stays
Subdivision
Stifts CS
Lot features
Sloped, Level, In Subdivision
Directions
Starting on W Markham st, turn on S Woodrow st and house on right
Standard status
Active
APN
34L0610001100
Size
1,530 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
STR: 05-1N-12W, L/B: 10/1
Tax Annual Amount
2962
Legal Description
STR: 05-1N-12W, L/B: 10/1
Amenities
laundry hookups
backyard
deck
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Roof type
Shingle
Architectural style
Craftsman
Listing Agency:
Simpli HOM
(855) 856-9466
Listed By:
Troy Shelton
(931) 434-2462
Added: Oct 20
Changed: Oct 22
Last Checked: Oct 23 at 10:06AM
MLS# 26042385
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 1920 Craftsman duplex contains two remodeled one-bedroom, one-bathroom apartments, with a combined 1,530 square feet of interior space. Each unit has laundry hookups, and one is furnished. A deck, porch, partially fenced yard, and shingle roof are among the property’s exterior features. The two residences have separate electric meters and share a water meter, with water costs divided between tenants.
The 0.16-acre property is in Little Rock, near major interstates, UAMS, hospitals, schools, shopping, dining, and downtown. Both apartments are tenant-occupied. The north unit’s lease transitions to month-to-month after December 15, while the south unit’s does so after November 1.
The 0.16-acre property is in Little Rock, near major interstates, UAMS, hospitals, schools, shopping, dining, and downtown. Both apartments are tenant-occupied. The north unit’s lease transitions to month-to-month after December 15, while the south unit’s does so after November 1.
Key Highlights
- Two one‑bedroom, one‑bathroom apartments in a 1,530‑square‑foot duplex
- Both residences are remodeled and tenant‑occupied
- Built in 1920 in Craftsman style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,965
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,300
$279.3K
Cap Rate 7%
$199,500
$199.5K
Cap Rate 9%
$155,167
$155.2K
Market Conditions
NOI Build-Up for 1,530 SF
Gross rent
$21.1K $13.80/SF
− Vacancy
−$1.2K −$0.76/SF
EGI
$20.0K $13.04/SF
− OpEx
−$6.0K −$3.91/SF
NOI
$14.0K $9.13/SF
Area
Little Rock, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,300
Cap Rate 7%
$199,500
Cap Rate 9%
$155,167
Alternative Uses
Best Use
Multifamily LT 5
$199.5K
$174.6K – $232.8K
NOI $13,965 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$176.7K
$154.6K – $206.1K
NOI $12,366 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$277.9K
$243.2K – $324.3K
NOI $19,456 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
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 occupied apartments offer separate electric meters and laundry connections in each unit.
Where is this duplex located?
The property is located at 128 S Woodrow Street Little Rock, AR.
What is the asking price?
The asking price for this property is $229,990.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom apartments in a 1,530‑square‑foot duplex; Both residences are remodeled and tenant‑occupied; Built in 1920 in Craftsman style
