Two-Unit Duplex with Separate
205 / 207 W J Avenue North Little Rock, AR 72116
205 / 207 W J Avenue, North Little Rock, AR, 72116
$179,900
For Sale
$179,900
MULTI_FAMILY - North Little Rock, AR
Property Size1,782 SF
Lot Size0.15 Acres
Price / SF$100.95
Days on Market48
Property Features for 205 / 207 W J Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport
- Interior features
- Washer Connection, Dryer Connection-Electric
- Appliances
- Free-Standing Stove, Gas Range, Disposal, Free-Standing Stove, Gas Range, Disposal
- Standard status
- Active
- APN
- 33N0180708000
- Size
- 1,782 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- STR: 23-2N-12W, L/B: 16/53
- Tax Annual Amount
- 1634
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Laminate, Tile
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Simpli HOM
(855) 856-9466
321 Maple St, Room 106, North Little Rock, AR
Listed by
Troy Shelton · License #SA00083193
(931) 434-2462
Added: Jun 2 Checked: Jul 19 at 12:06 pm
MLS# 26022124
Listing URL
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 well-maintained duplex offers two separate 2-bedroom, 1-bath units at 205/207 W J Avenue. Each unit includes its own private carport for covered parking. Interior pictures are of unit 207, and one unit is currently vacant.
The property is located in North Little Rock, in the Park Hill area. Students attend schools in the NLR School District, including Ridgeroad Elementary, Lakewood Middle School, and NLR High School.
As configured, the duplex supports straightforward owner-occupant options or rental use based on the two-unit layout and individual parking provisions.
The property is located in North Little Rock, in the Park Hill area. Students attend schools in the NLR School District, including Ridgeroad Elementary, Lakewood Middle School, and NLR High School.
As configured, the duplex supports straightforward owner-occupant options or rental use based on the two-unit layout and individual parking provisions.
Key Highlights
- Duplex built in 1955 with two 2‑bedroom, 1‑bath units
- Each unit has a private carport for covered parking
- One unit is currently vacant
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.9k | $12.84 |
| − Vacancy | −$1.5k | −$0.83 |
| EGI | $21.4k | $12.01 |
| − OpEx | −$6.4k | −$3.60 |
| NOI | $15.0k | $8.40 |
1,782 SF · lease $12.84/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$213.9K
$187.2K – $249.6K
NOI $14,976 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$191.5K
$167.6K – $223.4K
NOI $13,406 @ 7.0% cap · market cap 7.45%
Theoretical Best
Specialty Retail
$339.9K
$297.4K – $396.6K
NOI $23,794 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units, each with a private carport and separate parking.
Where is this duplex located?
The property is located at 205 / 207 W J Avenue North Little Rock, AR.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Duplex built in 1955 with two 2‑bedroom, 1‑bath units; Each unit has a private carport for covered parking; One unit is currently vacant
