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Two-Unit Duplex Investment

2308 and 2310 Blackwood Road Little Rock, AR 72207

2308 and 2310 Blackwood Road, Little Rock, AR, 72207
$350,000
For Sale
$350,000

MULTI_FAMILY - Little Rock, AR

Property Size2,750 SF
Lot Size0.17 Acres
Price / SF$127.27
Days on Market48

Property Features for 2308 and 2310 Blackwood Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Appliances
Free-Standing Stove, Free-Standing Stove
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

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
3011 W Markham, Little Rock, AR
Listed by Jamie Hoffman
Added: Jun 2 Checked: Jul 19 at 4:06 am
MLS# 26022117 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 for-sale duplex features two matching units, each laid out for comfortable everyday living. Interior finishes include vinyl flooring in the living areas, with a kitchen that offers granite countertops and a tiled backsplash. The upper unit provides a two-bedroom setup, while the downstairs level includes a two-bedroom configuration plus a third optional room. Outside, the property includes plenty of yard space for tenants’ use.

The duplex is located in Little Rock, positioned minutes from the Heights strip and convenient to shopping and dining. The address is 2308 and 2310 Blackwood Road, Pulaski County, AR 72207.

With both units sharing the same layout, this property is a straightforward fit for investors seeking a consistent rental plan across two homes. For owner-occupants, the well-sized interiors and flexible downstairs room option can support different living needs, while the shared design helps simplify management. Note that the listing indicates there is no SPD because the owner never lived in the property.

Key Highlights

  • 2BD duplex built in 1942 with both units sharing the same layout
  • Vinyl flooring in the living spaces
  • Kitchen features granite countertops and a tiled backsplash

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 $38.0k $13.80
− Vacancy −$2.1k −$0.76
EGI $35.9k $13.04
− OpEx −$10.8k −$3.91
NOI $25.1k $9.13
2,750 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$358.6K
$313.8K – $418.4K (±1% cap)
NOI $25,101 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$317.5K
$277.8K – $370.4K (±1% cap)
NOI $22,226 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$499.6K
$437.1K – $582.8K (±1% cap)
NOI $34,970 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Electrical Service Auto Repair Shop Auto Parts Store Computer & Electronic Repair Big Box & Wholesale Store Storage Facility Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-appointed two-unit duplex with spacious layouts, vinyl flooring, granite kitchen tops, and ample yard space.
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 $350,000.
What are key features of this property?
This property features: 2BD duplex built in 1942 with both units sharing the same layout; Vinyl flooring in the living spaces; Kitchen features granite countertops and a tiled backsplash
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