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Fourplex with Two-Bedroom Units
For Sale
$210,000

16 Terrace Place, Little Rock, AR 72209

Each residence has two bedrooms and one bathroom; the building requires renovation and has no utilities present.

Property SizeContact for details
Days on Market983

Property Features for 16 Terrace Place

General Information

Standard status Active
Property subtype Fourplex

Property Condition

Severity Repairs Needed
Evidence will require renovations

Site & Location

Neighborhood West Baseline
Utilities to Site No

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,367

Building Details

Year Built 1972
Listing Agency: Brick Key Realty
Listed By: Lisa Gilliard
Source: Jonunderhill
Added: Feb 26, 2024 Changed: Oct 26 Last Checked: Nov 4 at 8:00AM

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 Brick Key Realty

Rey
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Investment Insights

Based on property information with market context.

This fourplex contains four separate residences, each configured with two bedrooms and one bathroom. Built in 1972, the building requires renovation, and utilities are not present. The property is offered in its current condition.

Key Highlights

  • Four units, each with 2 bedrooms and 1 bathroom
  • Built in 1972
  • Renovation required; no utilities present

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby

Demographics for 72209, AR

31,641
Population
13,863
Households
2.3
Avg Household Size
32
Median Age
12%
College-Educated
80%
High-School Grad
18.3 sq mi
ZIP Area
1,729
Density / Sq Mi
$40,267
Median Household Income
$32,681
Median Earnings
$982
Median Rent
$99,100
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has two bedrooms and one bathroom; the building requires renovation and has no utilities present.
Where is this quadplex located?
The property is located at 16 Terrace Place Little Rock, AR.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; Built in 1972; Renovation required; no utilities present
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