Little Rock Fourplex Investment
For Sale
$210,000
16 Terrace Place, Little Rock, AR 72209
MULTI_FAMILY - Little Rock, AR
Property Size3,072 SF
Lot Size0.26 Acres
Price / SF$68.36
Days on Market906
Property Features for 16 Terrace Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Mann Terrace
Lot features
Level
Directions
From University Ave, Right onto Mann Rd, Left onto Terrace Place, Apartment on the left.
Standard status
Active
APN
45L0290001500
Size
3,072 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Lot 10, Block 0
Tax Annual Amount
2367
Legal Description
Lot 10, Block 0
Building Details
Year built
1972
Floors in Building
2
Number of units
4
Roof type
Composition
Architectural style
Other
Listing Agency:
Brick Key Realty
(501) 205-4228
Listed By:
Lisa Gilliard
(501) 256-6056
Added: Feb 26, 2024
Changed: May 21
Last Checked: Aug 20 at 7:06AM
MLS# 24006256
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.
This is an investment opportunity featuring a fourplex building. The property contains four individual units, each with 2 bedrooms and 1 bath. The building requires renovations and currently has no utilities present. The lot size is 0.26 acres, and the property size is 3072 square feet. The property is being sold AS-IS.
Key Highlights
- Fourplex building
- Great investment opportunity
- Four individual units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four 2-bedroom units requiring renovation in Little Rock, Arkansas.
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: Fourplex building; Great investment opportunity; Four individual units
