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Duplex with Carport Parking
For Sale
$219,899

1906 Brownwood Road, Little Rock, AR 72207

Multi-Family, Traditional, Little Rock, AR

Property Size1,910 SF
Lot Size0.17 Acres
Price / SF$115.13
Days on Market115

Property Features for 1906 Brownwood Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Carport
Appliances Free-Standing Stove, Dishwasher, Free-Standing Stove, Dishwasher
Subdivision Metes & Bounds
Lot features Sloped
Directions From N University, turn left onto Cantrell Rd, turn right onto N Hughes St, turn left onto Kavanaugh Place, turn left onto Brownwood. Parking for the building is at the rear.
Standard status Active
APN 43L2050100400
Size 1,910 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description STR: 36-2N-13W, L/B: 3/0
Tax Annual Amount 3725
Legal Description STR: 36-2N-13W, L/B: 3/0

Amenities

carport parking

Building Details

Year built 1968
Floors in Building 2
Number of units 2
Flooring type Tile, Vinyl
Roof type Composition
Architectural style Other
Listing Agency: Simpli HOM
Listed By: Troy Shelton · License #SA00083193
Added: Jun 17 Changed: Oct 8 Last Checked: Oct 9 at 7:06AM
MLS# 26024405

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 duplex contains two 2-bedroom, 1-bath units within 1,910 square feet. Both residences are occupied, and each includes a functional floor plan, rear carport parking, a free-standing stove, and a dishwasher. Tile and vinyl flooring are installed throughout the units, while the building has a composition roof.

Constructed in 1968, the property sits at 1906 Brownwood Road in Little Rock’s 72207 area. Park Plaza Mall, UAMS, Baptist Health Medical Center, the University of Arkansas at Little Rock, restaurants, shopping, parks, and major employment centers are identified nearby.

One lease extends through June 2026 and the other through January 2027. Tenants pay all utilities, and showings require 48 hours’ notice.

Key Highlights

  • Two 2‑bedroom, 1‑bath units in a duplex
  • 1,910 square feet on 0.17 acres
  • Both units currently occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,434
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,680 $348.7K
Cap Rate 7%
$249,057 $249.1K
Cap Rate 9%
$193,711 $193.7K
Market Conditions
NOI Build-Up for 1,910 SF
Gross rent
$26.4K $13.80/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$24.9K $13.04/SF
− OpEx
−$7.5K −$3.91/SF
NOI
$17.4K $9.13/SF
Area
Little Rock, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,680
Cap Rate 7%
$249,057
Cap Rate 9%
$193,711

Alternative Uses

Best Use
Multifamily LT 5
$249.1K
$217.9K – $290.6K (±1% cap)
NOI $17,434 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$220.5K
$193.0K – $257.3K (±1% cap)
NOI $15,437 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$347.0K
$303.6K – $404.8K (±1% cap)
NOI $24,288 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Parking Lot & Garage HVAC Service Electrical Service Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Demographics for 72207, AR

11,036
Population
5,800
Households
1.9
Avg Household Size
40
Median Age
69%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,904
Density / Sq Mi
$93,958
Median Household Income
$59,658
Median Earnings
$942
Median Rent
$384,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units include functional layouts and convenient rear parking.
Where is this duplex located?
The property is located at 1906 Brownwood Road Little Rock, AR.
What is the asking price?
The asking price for this property is $219,899.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a duplex; 1,910 square feet on 0.17 acres; Both units currently occupied
More about this property
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