Four-Unit Quadplex Requiring
For Sale
$210,000
16 Terrace Place, Little Rock, AR 72209
Multi-Family, Traditional, Little Rock, AR
Property Size3,072 SF
Lot Size0.26 Acres
Price / SF$68.36
Days on Market951
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: Sep 5
Last Checked: Oct 4 at 7:06PM
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 3,072-square-foot quadplex contains four individual residences, each arranged with two bedrooms and one bathroom. The multifamily building was constructed in 1972 and has a composition roof. Renovation work is required, and utilities are not currently present at the property. The asset is offered AS-IS.
The property occupies approximately 0.26 acres in Little Rock, Arkansas. Its four-unit configuration provides a clearly defined multifamily layout, while the existing condition should be considered in planning any future work. No additional operating or improvement details are provided.
The property occupies approximately 0.26 acres in Little Rock, Arkansas. Its four-unit configuration provides a clearly defined multifamily layout, while the existing condition should be considered in planning any future work. No additional operating or improvement details are provided.
Key Highlights
- Four individual units, each with 2 bedrooms and 1 bathroom
- 3,072 square feet of multifamily building area
- Approximately 0.26 acres in Little Rock, AR
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
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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
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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?
Quadplex - Each residence includes two bedrooms and one bath; renovations are required.
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 individual units, each with 2 bedrooms and 1 bathroom; 3,072 square feet of multifamily building area; Approximately 0.26 acres in Little Rock, AR
