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Triplex with Off-Street Parking
For Sale
$235,000

201 N Fillmore Street, Little Rock, AR 72205

Multi-Family, Traditional, Little Rock, AR

Property Size2,184 SF
Lot Size0.18 Acres
Price / SF$107.60
Days on Market367

Property Features for 201 N Fillmore Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Interior features Washer Connection, Dryer Connection-Gas, Hot Water Heater-Gas
Appliances Free-Standing Stove, Dishwasher, Refrigerator-Stays, Free-Standing Stove, Dishwasher, Refrigerator-Stays
Subdivision Strong & Waters
Lot features Level
Directions East on Markham from University, left on Fillmore.
Standard status Active
Size 2,184 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description LT 23 BLK 1 Strong and Waters
Tax Annual Amount 3146
Legal Description LT 23 BLK 1 Strong and Waters

Amenities

hardwood floors
washer dryer hookup

Building Details

Year built 1958
Floors in Building 1
Number of units 3
Flooring type Wood, Vinyl
Roof type Composition
Architectural style Other
Listing Agency: The H Group Real Estate & Property Management, LLC
Listed By: Steven Hendrich
Added: Oct 16, 2025 Changed: Oct 8 Last Checked: Oct 17 at 2:06PM
MLS# 25041540

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.

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Investment Insights

Based on property information with market context.

This 2,184-square-foot triplex was built in 1958 and is fully rented. The property includes wood and vinyl flooring, washer and dryer connections, and gas-fired water heating. Each unit is supported by free-standing stoves, dishwashers, and refrigerators that remain with the property. Off-street parking is also provided on the 0.18-acre parcel.

The property is located at 201 N Fillmore Street in Little Rock, near St. Vincent and Midtown Shopping Center. Its three-unit configuration, existing occupancy, and on-site parking provide a straightforward multifamily setup.

Key Highlights

  • Fully rented triplex with 2,184 square feet
  • Three‑unit multifamily property built in 1958
  • Located at 201 N Fillmore Street in Little Rock

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,935
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,700 $398.7K
Cap Rate 7%
$284,786 $284.8K
Cap Rate 9%
$221,500 $221.5K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$30.1K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$28.5K $13.04/SF
− OpEx
−$8.5K −$3.91/SF
NOI
$19.9K $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%
$398,700
Cap Rate 7%
$284,786
Cap Rate 9%
$221,500

Alternative Uses

Best Use
Multifamily LT 5
$284.8K
$249.2K – $332.3K (±1% cap)
NOI $19,935 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$252.2K
$220.7K – $294.2K (±1% cap)
NOI $17,652 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$396.7K
$347.2K – $462.9K (±1% cap)
NOI $27,772 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Electrical Service Bakery Kitchen & Bath Showroom

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,096
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied three-unit property with wood and vinyl flooring, gas laundry connections, and included appliances.
Where is this triplex located?
The property is located at 201 N Fillmore Street Little Rock, AR.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Fully rented triplex with 2,184 square feet; Three‑unit multifamily property built in 1958; Located at 201 N Fillmore Street in Little Rock
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