128 Skyline Drive, North Little Rock, AR 72116
MULTI_FAMILY - North Little Rock, AR
- Added:
- Jun 13, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 14 at 11:06 am
Property Features for 128 Skyline Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch, Deck
- Interior features
- Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Hot Water Heater-Gas
- Exterior features
- Deck, Porch
- Appliances
- Free-Standing Stove, Microwave, Refrigerator-Stays, Free-Standing Stove, Microwave, Refrigerator-Stays
- Standard status
- Active
- Size
- 1,647 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- Lot 1, Block 4
- Tax Annual Amount
- 3432
Building Details
- Year built
- 1924
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood
- Roof type
- Composition
- Architectural style
- Bungalow
Listing agent Valentine Hansen License #90655 (501) 960-4667
Listing office RE/MAX Properties 1114 Garland Street, Little Rock, AR (501) 224-4111
Listing date Jun 13, 2026
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
- 1924 bungalow‑style duplex with composition roof
- Both sides are vacant, making it easy to show
- Wood flooring throughout
- Washer connection plus gas and electric dryer hookups
- Gas hot water heater
- Features include a porch and deck
Overview
The home is located in North Little Rock, Arkansas (72116), in the Historic Parkhill area, where the listing notes a city view. With both sides available, buyers can evaluate the property’s layout and potential for either income use or conversion based on their plans.
For investors, the vacant condition may simplify timelines for occupancy or redevelopment planning. For owner-occupants, the duplex can be evaluated as a residential conversion option while retaining the existing structure. Either way, the current vacancy supports an easy on-site review of the interior and how the space may be adapted to fit your use goals.
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 | $21.1k | $12.84 |
| − Vacancy | −$1.4k | −$0.83 |
| EGI | $19.8k | $12.01 |
| − OpEx | −$5.9k | −$3.60 |
| NOI | $13.8k | $8.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.260727
- Latitude
- 34.781286
