Updated Triplex with Active
2116 Cumberland, Little Rock, AR 72206
For Sale
$195,000
Multi-Family, Traditional, Little Rock, AR
Property Size2,114 SF
Lot Size0.17 Acres
Price / SF$92.24
Days on Market351
Property Features for 2116 Cumberland
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
Lot features
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Architectural style
Listing Agency:
Hawks Realty
(501) 205-5965
Listed By:
Carter Archer · License AR SA00090576
(501) 626-8749
Added: Nov 29, 2025
Changed: Nov 2
Last Checked: Nov 14 at 12:06AM
MLS# 25049869
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 2,114-square-foot triplex sits on a 0.17-acre lot in Little Rock. Built in 1940, the property includes laminate and partial carpet flooring, microwaves, electric ranges, dishwashers, and refrigerators that stay. Two of the three units have had recent updates. A composition roof and on-street parking are also documented.
Active leases are in place across the property. Utilities are connected through a single meter, with each tenant paying one-third of the utility costs. Located at 2116 Cumberland in Little Rock, Arkansas 72206, the property provides a three-unit multifamily configuration with established leasing activity.
Active leases are in place across the property. Utilities are connected through a single meter, with each tenant paying one-third of the utility costs. Located at 2116 Cumberland in Little Rock, Arkansas 72206, the property provides a three-unit multifamily configuration with established leasing activity.
Key Highlights
- Three‑unit triplex configuration
- 2,114 square feet on 0.17 acres
- Active leases in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,086
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,720
$341.7K
Cap Rate 7%
$244,086
$244.1K
Cap Rate 9%
$189,844
$189.8K
Market Conditions
NOI Build-Up for 2,114 SF
Gross rent
$33.0K $15.60/SF
− Vacancy
−$1.9K −$0.90/SF
EGI
$31.1K $14.70/SF
− OpEx
−$14.0K −$6.61/SF
NOI
$17.1K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,720
Cap Rate 7%
$244,086
Cap Rate 9%
$189,844
Alternative Uses
Best Use
Multifamily LT 5
$275.7K
$241.2K – $321.6K
NOI $19,296 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$244.1K
$213.6K – $284.8K
NOI $17,086 @ 7.0% cap · market cap 8.76%
Theoretical Best
Office A
$384.0K
$336.0K – $448.0K
NOI $26,882 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
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Business Placement
Demographics for 72206, AR
22,974
Population
10,080
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
111.6 sq mi
ZIP Area
206
Density / Sq Mi
$49,145
Median Household Income
$35,157
Median Earnings
$910
Median Rent
$132,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Recent updates have been completed in two units, and active leases are in place.
Where is this triplex located?
The property is located at 2116 Cumberland Little Rock, AR.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Three‑unit triplex configuration; 2,114 square feet on 0.17 acres; Active leases in place
