2-Unit Duplex with
For Sale
$330,000
2308 and 2310 Blackwood Road, Little Rock, AR 72207
Multi-Family, Traditional, Little Rock, AR
Property Size2,750 SF
Lot Size0.17 Acres
Price / SF$120
Days on Market130
Property Features for 2308 and 2310 Blackwood Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Appliances
Free-Standing Stove, Free-Standing Stove
Subdivision
Queens Manor
Lot features
Level
Directions
Head North On University Ave Past Cantrell Rd to Kavanaugh St. Take A Left on Kavanaugh to Pine Valley. Right On Blackwood off Pine Valley!
Standard status
Active
APN
43L-053-00-043-00
Size
2,750 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
43/0
Tax Annual Amount
7151
Legal Description
43/0
Building Details
Year built
1942
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet - Partial
Roof type
Shingle
Architectural style
Other
Listing Agency:
River Rock Realty Company
(501) 353-2504
Listed By:
Jamie Hoffman
(501) 232-8964
Added: Jun 2
Changed: Oct 8
Last Checked: Oct 9 at 7:06AM
MLS# 26022117
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.
Built in 1942, this two-unit property contains 2,750 square feet within a 0.17-acre lot. Each residence follows the same layout, with two bedrooms upstairs and an additional downstairs room that can be used at the owner’s discretion. The interiors include vinyl flooring in the living areas, partial carpet, granite kitchen countertops, tiled backsplashes, and free-standing stoves. A shingle roof and open yard space complete the physical profile.
The property is located near the Heights strip in Little Rock, with shopping and dining nearby. Its duplex configuration, matching floor plans, and supplemental downstairs room provide a straightforward residential income property format.
The property is located near the Heights strip in Little Rock, with shopping and dining nearby. Its duplex configuration, matching floor plans, and supplemental downstairs room provide a straightforward residential income property format.
Key Highlights
- 2,750 square feet across two matching residences
- 0.17‑acre lot with ample yard space
- Each unit includes 2 bedrooms upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,101
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,020
$502.0K
Cap Rate 7%
$358,586
$358.6K
Cap Rate 9%
$278,900
$278.9K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$38.0K $13.80/SF
− Vacancy
−$2.1K −$0.76/SF
EGI
$35.9K $13.04/SF
− OpEx
−$10.8K −$3.91/SF
NOI
$25.1K $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%
$502,020
Cap Rate 7%
$358,586
Cap Rate 9%
$278,900
Alternative Uses
Best Use
Multifamily LT 5
$358.6K
$313.8K – $418.4K
NOI $25,101 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$317.5K
$277.8K – $370.4K
NOI $22,226 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$499.6K
$437.1K – $582.8K
NOI $34,970 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
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Business Placement
Demographics for 72207, AR
11,036
Population
5,800
Households
1.9
Avg Household Size
40
Median Age
69%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,904
Density / Sq Mi
$93,958
Median Household Income
$59,658
Median Earnings
$942
Median Rent
$384,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Matching residences feature granite kitchens, vinyl living-area floors, and an optional downstairs room.
Where is this duplex located?
The property is located at 2308 and 2310 Blackwood Road Little Rock, AR.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2,750 square feet across two matching residences; 0.17‑acre lot with ample yard space; Each unit includes 2 bedrooms upstairs
