Renovated Townhomes Near
For Sale
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2301 Scott St, Little Rock, AR 72206
Turnkey multifamily property with significant rental upside in Little Rock.
Property Size19,224 SF
Days on Market275
Property Features for 2301 Scott St
General Information
Standard status
Active
Size
19,224 SF
Class
C
Property subtype
Multifamily
Building Details
Building Size
19,224 SF
Year Built
1971
Listing Agency:
(256) 653-0065
Listed By:
Andrew Agee
(256) 653-0065
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 23
Last Checked: Aug 23 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Andrew Agee
Investment Insights
Based on property information with market context.
The Seneca Townhomes, located in Little Rock, Arkansas, comprise 24 units. Constructed in 1971, the property has been fully renovated with an A-Class package. Situated near downtown Little Rock, this multifamily asset presents an opportunity for investors to acquire a turnkey property. Renovations included new flooring, windows, exterior lighting, plumbing, electrical systems, hot water heaters, appliances, cabinets, showers, and an automatic gate system. The renovations resulted in approximately $738,000 of capital expenditures. The property has the potential to achieve rents of $1.70 per square foot or higher. Comparable rental properties suggest that current rental figures are below market value, offering investors the chance to increase rents. The property has the opportunity to increase the asking rent. Little Rock is experiencing economic growth and stability across healthcare, education, and technology sectors. Located south of downtown Little Rock, the Pettaway neighborhood is undergoing revitalization, with new developments on the horizon. The recent approval of office and residential space signals further expansion of Pettaway Square.
Key Highlights
- Fully renovated A‑Class units with nearly $740k in recent CapEx, offering a turnkey investment.
- Significant rental upside potential, with achievable rent increases of over 23% from $1.37/SF to $1.69/SF.
- Projected 4‑Year IRR of over 20% based on the asking price of $125k/door.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey multifamily property with significant rental upside in Little Rock.
Where is this apartment building located?
The property is located at 2301 Scott St Little Rock, AR.
What are key features of this property?
This property features: Fully renovated A‑Class units with nearly $740k in recent CapEx, offering a turnkey investment.; Significant rental upside potential, with achievable rent increases of over 23% from $1.37/SF to $1.69/SF.; Projected 4‑Year IRR of over 20% based on the asking price of $125k/door.
