Three Houses Package
2303 S Tyler Street Little Rock, AR 72204
For Sale
$270,000
MULTI_FAMILY - Little Rock, AR
Property Size2,716 SF
Lot Size0.45 Acres
Price / SF$99.41
Days on Market83
Property Features for 2303 S Tyler Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,716 SF
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Description
- 11/48 7/45 11/52
- Tax Annual Amount
- 2713
Building Details
- Year built
- 1956
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile, Wood
- Roof type
- Composition
- Architectural style
- Other
Listing Agency:
ESQ. Realty Group
(501) 255-0509
Listed By:
Jerry Larkowski
(501) 831-0372
Added: May 6
Changed: Jun 11
Last Checked: Jul 27 at 7:06AM
MLS# 26018207
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 package deal features three houses located in the Cherry & Cox subdivision of Little Rock, Arkansas. The properties include 2321 S Fillmore (768 square feet), 2405 S. Fillmore (812 square feet), and 2303 S Tyler (1136 square feet). Each house contains two bedrooms and one bathroom. The total lot size for all three properties is 0.45 acres.
Key Highlights
- Three‑house package deal in the Cherry & Cox subdivision
- All three homes are 2 bed, 1 bath
- 2321 S Fillmore is a 768 SF home built in 1956
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 | $37.5k | $13.80 |
| − Vacancy | −$2.1k | −$0.76 |
| EGI | $35.4k | $13.04 |
| − OpEx | −$10.6k | −$3.91 |
| NOI | $24.8k | $9.13 |
2,716 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$354.2K
$309.9K – $413.2K
NOI $24,791 @ 7.0% cap · market cap 9.18%
Second Best
Apartment 5plus
$313.6K
$274.4K – $365.9K
NOI $21,952 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$493.4K
$431.7K – $575.6K
NOI $34,537 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three houses in Little Rock, AR, package deal.
Where is this triplex located?
The property is located at 2303 S Tyler Street Little Rock, AR.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Three‑house package deal in the Cherry & Cox subdivision; All three homes are 2 bed, 1 bath; 2321 S Fillmore is a 768 SF home built in 1956
