Two-Unit Duplex with
For Sale
$330,000
2308 and 2310 Blackwood Road, Little Rock, AR 72207
Matching layouts feature updated kitchen finishes, flexible lower-level space, and outdoor yard area.
Property Size2,750 SF
Price / SF$120
Days on Market33
Property Features for 2308 and 2310 Blackwood Road
General Information
Standard status
Active
Size
2,750 SF
Property subtype
Multi-family
Listing Agency:
River Rock Realty Company
(501) 353-2504
Listed By:
Jamie Hoffman
(501) 232-8964
Source:
Heilesassociatesrealtors
Added: Sep 4
Changed: Sep 23
Last Checked: Oct 5 at 6:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of River Rock Realty Company
Investment Insights
Based on property information with market context.
This two-unit duplex at 2308 and 2310 Blackwood Road contains 2,750 square feet, with each residence offering the same layout. Both units include two bedrooms, while an additional downstairs room provides optional flexibility. Living areas have vinyl flooring, and the kitchens are finished with granite countertops and tiled backsplashes. The property also includes substantial yard space.
Located in Little Rock’s 72207 area, the duplex is near the Heights strip, with shopping and dining nearby. Its side-by-side unit configuration and consistent layouts provide a straightforward residential income property format.
Located in Little Rock’s 72207 area, the duplex is near the Heights strip, with shopping and dining nearby. Its side-by-side unit configuration and consistent layouts provide a straightforward residential income property format.
Key Highlights
- Two‑unit duplex with 2,750 square feet
- Both units have matching layouts
- Each unit includes 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,101
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,020
$502.0K
Cap Rate 7%
$358,586
$358.6K
Cap Rate 9%
$278,900
$278.9K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$38.0K $13.80/SF
− Vacancy
−$2.1K −$0.76/SF
EGI
$35.9K $13.04/SF
− OpEx
−$10.8K −$3.91/SF
NOI
$25.1K $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%
$502,020
Cap Rate 7%
$358,586
Cap Rate 9%
$278,900
Alternative Uses
Best Use
Multifamily LT 5
$358.6K
$313.8K – $418.4K
NOI $25,101 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$317.5K
$277.8K – $370.4K
NOI $22,226 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$499.6K
$437.1K – $582.8K
NOI $34,970 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
Explore this area
Business Placement
Demographics for 72207, AR
11,036
Population
5,800
Households
1.9
Avg Household Size
40
Median Age
69%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,904
Density / Sq Mi
$93,958
Median Household Income
$59,658
Median Earnings
$942
Median Rent
$384,800
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
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Frequently Asked Questions
What type of property is this?
Duplex - Matching layouts feature updated kitchen finishes, flexible lower-level space, and outdoor yard area.
Where is this duplex located?
The property is located at 2308 and 2310 Blackwood Road Little Rock, AR.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,750 square feet; Both units have matching layouts; Each unit includes 2 bedrooms
