Four-Unit Multifamily Investment
For Sale
$300,000
1806 Sanford Drive, Little Rock, AR 72227
MULTI_FAMILY - Little Rock, AR
Property Size4,680 SF
Lot Size0.25 Acres
Price / SF$64.10
Days on Market103
Property Features for 1806 Sanford Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Sanford Amended
Lot features
Level
Directions
I-430 to N Rodney Parham Rd towards Mid-Town, turn left onto Old Forge Rd, turn right onto Sanford Dr.
Standard status
Active
APN
43L1450000600
Size
4,680 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
STR: 34-2N-13W, L/B: 6/0
Tax Annual Amount
873
Legal Description
STR: 34-2N-13W, L/B: 6/0
Building Details
Year built
1972
Floors in Building
2
Number of units
4
Roof type
Shingle
Architectural style
Other
Listing Agency:
Simpli HOM
(855) 856-9466
Listed By:
Troy Shelton · License #SA00083193
(931) 434-2462
Added: May 1
Changed: Jun 9
Last Checked: Aug 11 at 10:06PM
MLS# 26017416
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.
Located in Little Rock, Arkansas, the property at 1806 Sanford Dr is a four-unit multifamily building. The building has been gutted to the studs, presenting a blank canvas for renovation. A new roof has been installed. Each of the four units features a two-story layout with 2 bedrooms and 1.5 bathrooms. The main level of each unit contains the living space, while the bedrooms are located upstairs. The property provides parking space for approximately 8-10 vehicles. The location provides access to major roads, shopping, dining, schools, parks, and local employment hubs. The property is located in an area with strong rental demand. Once renovated, the property has the potential to generate approximately $5,200 per month or $62,400 annually, with projected rents of approximately $1,300 per unit. The property sits on a lot of 0.25 acres and the building size is 4,680 square feet.
Key Highlights
- High Income Potential: Projected rents of $5,200 per month ($62,400 annually) upon completion.
- Blank Canvas: Gutted to the studs, offering a unique opportunity to fully customize the interior of all 4 units.
- New Roof: Major exterior expense already addressed.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Demographics for 72227, AR
11,090
Population
5,700
Households
1.9
Avg Household Size
41
Median Age
55%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,918
Density / Sq Mi
$73,533
Median Household Income
$52,565
Median Earnings
$1,035
Median Rent
$260,900
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-unit property in Little Rock with income potential.
Where is this quadplex located?
The property is located at 1806 Sanford Drive Little Rock, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: High Income Potential: Projected rents of $5,200 per month ($62,400 annually) upon completion.; Blank Canvas: Gutted to the studs, offering a unique opportunity to fully customize the interior of all 4 units.; New Roof: Major exterior expense already addressed.
