1603 Orange Street, North Little Rock, AR 72114
MULTI_FAMILY - North Little Rock, AR
- Added:
- Jun 18, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 27 at 5:06 pm
Property Features for 1603 Orange Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1
- 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 8 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
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.
Overview
The duplex is located in North Little Rock, within proximity to downtown and the Argenta Arts District, as well as shopping, dining, schools, and major transportation routes. This placement can support tenants who want access to daily needs and convenient travel options.
For buyers, the layout supports flexible occupancy: you can live in one unit while leasing the other, or hold the duplex as a newly built income-producing property. With brand-new finishes and systems, it may appeal to investors and owner-occupants looking for a turnkey setup rather than a renovation project. Completion is near-term, allowing a straightforward path to move-in or planning for occupancy after delivery.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.269716
- Latitude
- 34.769559
