Duplex with Brand-New
1601 Orange Street, North Little Rock, AR 72114
New
MULTI_FAMILY - North Little Rock, AR
Property size:
2,040 SFLot size:
0.09 AcresPrice / SF:
$142/SF- Added:
- Jun 18, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 19 at 7:06 am
Property Features for 1601 Orange Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3
- Appliances
- Microwave, Electric Range, Dishwasher, Disposal, Ice Maker Connection, Microwave, Electric Range, Dishwasher, Disposal, Ice Maker Connection
- Standard status
- Active
- Size
- 2,040 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Description
- Lot 7 Block 30 North Argenta
- Tax Annual Amount
- 50
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Cope Gracy (479) 530-5060
Listing office Riverwalk Real Estate 105 Elm St., Suite 216, Rogers, AR (479) 530-5060
Listing date Jun 18, 2026
MLS# 26024657
Listing URL
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.
HighLights
- Brand‑new construction duplex at 1601 Orange Street, North Little Rock
- Under construction, with approx. 45 days from completion (Year built 2026)
- Each unit includes contemporary kitchen appliances: microwave, electric range, dishwasher, disposal, and ice maker connection
- Durable vinyl flooring throughout
- Roof type: shingle
- Unit interior includes 4 bedrooms total across rooms listed and 4 bathrooms listed (Bathroom 1–4)
Overview
This brand-new construction duplex offers two thoughtfully designed units under one roof. Each side includes a modern, functional floor plan with durable flooring, spacious living areas, contemporary kitchens, and comfortable bedrooms. The property is presented with updated materials and energy-efficient systems, supporting low-maintenance ownership as it reaches completion.
Located at 1601 Orange Street in North Little Rock, the duplex is described as being convenient to downtown North Little Rock, the Argenta Arts District, shopping, dining, schools, and major transportation routes. The listing indicates the project is approximately 45 days from completion.
The duplex layout is well suited for tenants seeking independent living spaces while sharing a single property footprint. For investors, it provides an option to add a newly built residential income property to a portfolio, and for owner-occupants, it supports living in one unit while leasing the other. As a recently built asset, it may appeal to buyers looking for modern finishes and turnkey readiness within the stated completion timeline.
Located at 1601 Orange Street in North Little Rock, the duplex is described as being convenient to downtown North Little Rock, the Argenta Arts District, shopping, dining, schools, and major transportation routes. The listing indicates the project is approximately 45 days from completion.
The duplex layout is well suited for tenants seeking independent living spaces while sharing a single property footprint. For investors, it provides an option to add a newly built residential income property to a portfolio, and for owner-occupants, it supports living in one unit while leasing the other. As a recently built asset, it may appeal to buyers looking for modern finishes and turnkey readiness within the stated completion timeline.
Local Financial Insights For Multifamily LT 5
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 | $26.2k | $12.84 |
| − Vacancy | −$1.7k | −$0.83 |
| EGI | $24.5k | $12.01 |
| − OpEx | −$7.3k | −$3.60 |
| NOI | $17.1k | $8.40 |
2,040 SF · lease $12.84/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$244.9K
$214.3K – $285.7K
NOI $17,144 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$219.2K
$191.8K – $255.8K
NOI $15,347 @ 7.0% cap · market cap 5.29%
Theoretical Best
Specialty Retail
$389.1K
$340.5K – $454.0K
NOI $27,239 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- North Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.269724
- Latitude
- 34.769449
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Brand-new duplex designed for owner-occupants or investors, with modern interiors and two separate units.
Where is this duplex located?
The property is located at 1601 Orange Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Brand‑new construction duplex at 1601 Orange Street, North Little Rock; Under construction, with approx. 45 days from completion (Year built 2026); Each unit includes contemporary kitchen appliances: microwave, electric range, dishwasher, disposal, and ice maker connection
