Tenant-Occupied
For Sale
$159,000
1814 Moss Street, North Little Rock, AR 72214
Separate living areas support an established rental setup in North Little Rock.
Property Size1,594 SF
Price / SF$99.75
Days on Market45
Property Features for 1814 Moss Street
General Information
Standard status
Active
Size
1,594 SF
Property subtype
Multi-family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Listing Agency:
Epique Realty
(501) 209-1773
Listed By:
Dakota Wright
(501) 209-1773
Source:
Arprorealty
Added: Jul 20
Changed: Aug 31
Last Checked: Aug 31 at 5:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Realty
Investment Insights
Based on property information with market context.
Located at 1814 Moss Street in North Little Rock, this 1,594-square-foot duplex contains two residential units with distinct living areas. Each unit includes 2 bedrooms and 1 full bathroom, creating a combined layout of 4 bedrooms and 2 bathrooms.
Both residences are currently occupied by tenants, providing an existing rental-income arrangement. The property is suited to buyers seeking a duplex with an established occupancy profile and straightforward unit configuration. Showings require 24-hour notice and remain subject to tenant rights.
Both residences are currently occupied by tenants, providing an existing rental-income arrangement. The property is suited to buyers seeking a duplex with an established occupancy profile and straightforward unit configuration. Showings require 24-hour notice and remain subject to tenant rights.
Key Highlights
- 1,594‑square‑foot duplex with 2 residential units
- Each unit offers 2 bedrooms and 1 full bathroom
- Combined total of 4 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,396
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$267,920
$267.9K
Cap Rate 7%
$191,371
$191.4K
Cap Rate 9%
$148,844
$148.8K
Market Conditions
NOI Build-Up for 1,594 SF
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.
Gross rent
$20.5K $12.84/SF
− Vacancy
−$1.3K −$0.83/SF
EGI
$19.1K $12.01/SF
− OpEx
−$5.7K −$3.60/SF
NOI
$13.4K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$267,920
Cap Rate 7%
$191,371
Cap Rate 9%
$148,844
Alternative Uses
Best Use
Multifamily LT 5
$191.4K
$167.5K – $223.3K
NOI $13,396 @ 7.0% cap · market cap 8.43%
Second Best
Apartment 5plus
$171.3K
$149.9K – $199.9K
NOI $11,991 @ 7.0% cap · market cap 7.54%
Theoretical Best
Specialty Retail
$304.1K
$266.1K – $354.7K
NOI $21,284 @ 7.0% cap · market cap 13.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate living areas support an established rental setup in North Little Rock.
Where is this duplex located?
The property is located at 1814 Moss Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 1,594‑square‑foot duplex with 2 residential units; Each unit offers 2 bedrooms and 1 full bathroom; Combined total of 4 bedrooms and 2 bathrooms
