Contemporary New-Construction
For Sale
$265,000
2001 Scotty, Little Rock, AR 72205
Multi-Family, Contemporary, Little Rock, AR
Property Size1,350 SF
Price / SF$196.30
Days on Market23
Property Features for 2001 Scotty
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Appliances
Free-Standing Stove, Free-Standing Stove
Subdivision
Scotty Cove
Lot features
Sloped
Directions
walker-22nd-scotty
Standard status
Active
Size
1,350 SF
Taxes and HOA fees
Tax Description
Lot 9
Tax Annual Amount
350
Legal Description
Lot 9
Building Details
Year built
2026
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
Chase Calhoun Real Estate LLC
(501) 650-5137
Listed By:
Chase Calhoun
(501) 650-5137
Added: Aug 1
Changed: Aug 22
Last Checked: Aug 23 at 11:06AM
MLS# 26034350
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 contemporary duplex includes two separate residential units, with both sides conveyed together. Each unit provides 2 bedrooms, 1 bathroom, and approximately 675 square feet of living area, creating a consistent configuration across the property. The building is under construction and is identified with a 2026 year built. Vinyl flooring, free-standing stoves, and a shingle roof are included among the specified features.
The property is located in Little Rock, Arkansas, in ZIP code 72205. Its two-unit layout supports an owner-occupant arrangement with a separate adjoining unit or ownership of both residences as a single residential income property, subject to the buyer’s intended use.
The property is located in Little Rock, Arkansas, in ZIP code 72205. Its two-unit layout supports an owner-occupant arrangement with a separate adjoining unit or ownership of both residences as a single residential income property, subject to the buyer’s intended use.
Key Highlights
- Two‑unit duplex with both residences included in the sale
- Each unit has 2 bedrooms, 1 bathroom, and approximately 675 square feet
- Total property size is 1,350 Square Feet
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
$12,322
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
4.65%
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%
$246,440
$246.4K
Cap Rate 7%
$176,029
$176.0K
Cap Rate 9%
$136,911
$136.9K
Market Conditions
NOI Build-Up for 1,350 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
$18.6K $13.80/SF
− Vacancy
−$1.0K −$0.76/SF
EGI
$17.6K $13.04/SF
− OpEx
−$5.3K −$3.91/SF
NOI
$12.3K $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 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%
$246,440
Cap Rate 7%
$176,029
Cap Rate 9%
$136,911
Alternative Uses
Best Use
Multifamily LT 5
$176.0K
$154.0K – $205.4K
NOI $12,322 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$155.9K
$136.4K – $181.9K
NOI $10,911 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$245.2K
$214.6K – $286.1K
NOI $17,167 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
Demographics for 72205, AR
22,888
Population
12,187
Households
1.9
Avg Household Size
39
Median Age
54%
College-Educated
96%
High-School Grad
8.0 sq mi
ZIP Area
2,861
Density / Sq Mi
$62,888
Median Household Income
$50,948
Median Earnings
$1,110
Median Rent
$204,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with matching layouts, contemporary design, and separate living spaces for owner occupancy or rental use.
Where is this duplex located?
The property is located at 2001 Scotty Little Rock, AR.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two‑unit duplex with both residences included in the sale; Each unit has 2 bedrooms, 1 bathroom, and approximately 675 square feet; Total property size is 1,350 Square Feet
