Townhome Condo in Cambridge
136 Cambridge Place Little Rock, AR 72227
For Sale
$265,000
CONDOS - Little Rock, AR
Property Size2,376 SF
Price / SF$111.53
Days on Market104
Property Features for 136 Cambridge Place
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3
Patio and Porch features
Patio, Porch
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Gas, Smoke Detector(s), Walk-In Closet(s), Built-Ins, Walk-in Shower
Exterior features
Patio, Screened Porch, Partially Fenced, Guttering, Wood Fence, Covered Patio
Fencing
Wood, Partial
Fireplace
1
Appliances
Microwave, Gas Range, Dishwasher, Disposal, Refrigerator-Stays, Ice Maker Connection
Standard status
Active
APN
43L0770003500
Size
2,376 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
136/apt Cambridge Place HPR
Tax Annual Amount
3325
Building Details
Year built
1979
Floors in Building
2
Flooring type
Tile, Carpet, Parquet Wood
Roof type
Composition
Architectural style
Other
Listing Agency:
Michele Phillips & Company, Realtors-Cabot Branch
(501) 286-6433
Listed By:
Terry Keck
(501) 259-5211
Added: Apr 18
Changed: Jul 21
Last Checked: Jul 30 at 2:06AM
MLS# 26015520
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.
Investment Insights
Based on property information with market context.
Located in the Cambridge Place complex off Pleasant Valley, this townhome condo offers a spacious interior with three bedrooms and three full baths. The main level includes a large living room with fireplace and a formal dining area, along with a kitchen featuring updated countertops and ample cabinet space. A lower level bedroom and full bath add flexibility to the layout.
Upstairs, the home includes a large master bedroom and another spacious bedroom with substantial storage. The master also has a private covered patio. Additional outdoor space is provided by a large covered, screened-in back porch for comfortable year-round use.
The complex amenities include a swimming pool, clubhouse, and tennis courts. POA fees cover water, trash, mowing, exterior maintenance, insurance (studs out), roof, pest control, and use of the community amenities. The roof was replaced in 2024, and the carpets have been freshly cleaned, with washer and dryer conveying under the POA.
Upstairs, the home includes a large master bedroom and another spacious bedroom with substantial storage. The master also has a private covered patio. Additional outdoor space is provided by a large covered, screened-in back porch for comfortable year-round use.
The complex amenities include a swimming pool, clubhouse, and tennis courts. POA fees cover water, trash, mowing, exterior maintenance, insurance (studs out), roof, pest control, and use of the community amenities. The roof was replaced in 2024, and the carpets have been freshly cleaned, with washer and dryer conveying under the POA.
Key Highlights
- Large 3‑bedroom, 3 full‑bath townhome/condo built in 1979
- Fireplace in the living room and formal dining area
- Covered screened back porch plus a private covered patio off the master bedroom
Financial Insights For Apartment 5plus
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 | $37.1k | $15.60 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $34.9k | $14.70 |
| − OpEx | −$15.7k | −$6.61 |
| NOI | $19.2k | $8.08 |
2,376 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$274.3K
$240.1K – $320.1K
NOI $19,204 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$431.6K
$377.7K – $503.6K
NOI $30,214 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom, three-bath townhome condo with screened porch, covered patio, and access to pool, clubhouse, and tennis.
Where is this residential income property located?
The property is located at 136 Cambridge Place Little Rock, AR.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Large 3‑bedroom, 3 full‑bath townhome/condo built in 1979; Fireplace in the living room and formal dining area; Covered screened back porch plus a private covered patio off the master bedroom
