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Quadplex with Recent Roof
For Sale
$289,900

2318 S Gaines Street, Little Rock, AR 72206

Tenant-occupied residential property on an expansive lot in a downtown setting.

Property SizeContact for details
Days on Market90

Property Features for 2318 S Gaines Street

General Information

Standard status Active
Property subtype Multi Family Home
Zoning resi

Property Condition

Severity Repairs Needed
Evidence need remodel

Building Details

Year Built 1920
Stories 2
Units 2
Listing Agency: Ausum Realty
Listed By: Tracey Rancifer Rittelmeyer
Source: Jcthornton
Added: May 26 Changed: Aug 22 Last Checked: Aug 23 at 12:12PM

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 Ausum Realty

Investment Insights

Based on property information with market context.

Built in 1920, this quadplex is situated on an almost half-acre lot in downtown Little Rock. The property is tenant occupied and carries residential zoning, providing an existing income-producing configuration for an investor or owner seeking a residential asset.

The roof was replaced 2 years ago. The rear portion includes additional units that require remodeling, creating a defined renovation component within the property. The address is 2318 S Gaines Street, Little Rock, AR 72206.

Key Highlights

  • 1920 construction
  • Roof replaced 2 years ago
  • Almost half‑acre lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Dental Office HVAC Service Parking Lot & Garage Plumbing Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Tenant-occupied residential property on an expansive lot in a downtown setting.
Where is this quadplex located?
The property is located at 2318 S Gaines Street Little Rock, AR.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 1920 construction; Roof replaced 2 years ago; Almost half‑acre lot
More about this property
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