Condominium with
For Sale
$169,500
301 Kings Row #508, Little Rock, AR 72207
Residential, Spanish, Little Rock, AR
Property Size1,060 SF
Price / SF$159.91
Days on Market8
Property Features for 301 Kings Row #508
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bathroom 2, Bedroom 1, Great Room, Bathroom 1, Bedroom 2
Parking features
Assigned
Patio and Porch features
Porch, Deck
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Window Treatments, Ceiling Fan(s), Kit Counter- Granite Slab
Exterior features
Deck, Porch, Outside Storage Area
Fireplace
1
Appliances
Built-In Stove, Dishwasher, Disposal, Electric Range, Microwave, Refrigerator-Stays
Subdivision
TIMBER RIDGE HPR
Lot features
Level
Directions
Take Cantrell Road to Kings Row. Turn onto Timberidge. The unit is down the driveway on the left.
Standard status
Active
Size
1,060 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
Unit 508
Tax Annual Amount
2331
HOA Fee
$240 Monthly
Legal Description
Unit 508
Building Details
Year built
2006
Floors in Building
1
Flooring type
Tile, Vinyl
Roof type
Composition
Architectural style
Spanish
Additional Structures
Storage
Listing Agency:
Janet Jones Company
(501) 224-3201
Listed By:
Dawn Scott
(501) 515-9424
Added: Oct 23
Changed: Oct 30
Last Checked: Oct 30 at 11:06AM
MLS# 26042859
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.
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Investment Insights
Based on property information with market context.
This 1,060-square-foot condominium was built in 2006 and has a one-level layout with two bedrooms, two bathrooms, and an open great room. Interior finishes include granite countertops, luxury vinyl flooring, tile, vaulted ceilings, and fresh paint. A fireplace adds another feature to the living space. The kitchen includes a built-in stove, microwave, electric range, dishwasher, disposal, and refrigerator; the refrigerator and stackable washer and dryer convey.
Outdoor features include a deck with a wooded outlook, a front porch, and outside storage. Assigned parking is provided. The HOA covers management, exterior insurance, water, termite service, sewer, trash pickup, pool, and grounds maintenance.
Outdoor features include a deck with a wooded outlook, a front porch, and outside storage. Assigned parking is provided. The HOA covers management, exterior insurance, water, termite service, sewer, trash pickup, pool, and grounds maintenance.
Key Highlights
- 1,060‑square‑foot unit built in 2006
- Two bedrooms and two bathrooms
- Single‑level layout with open great room and vaulted ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,567
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,340
$171.3K
Cap Rate 7%
$122,386
$122.4K
Cap Rate 9%
$95,189
$95.2K
Market Conditions
NOI Build-Up for 1,060 SF
Gross rent
$16.5K $15.60/SF
− Vacancy
−$959 −$0.90/SF
EGI
$15.6K $14.70/SF
− OpEx
−$7.0K −$6.61/SF
NOI
$8.6K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,340
Cap Rate 7%
$122,386
Cap Rate 9%
$95,189
Alternative Uses
Best Use
Apartment 5plus
$122.4K
$107.1K – $142.8K
NOI $8,567 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$192.6K
$168.5K – $224.7K
NOI $13,479 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
676
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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Frequently Asked Questions
What type of property is this?
Residential income property - A single-level plan combines an open living area with a porch and exterior storage.
Where is this residential income property located?
The property is located at 301 Kings Row #508 Little Rock, AR.
What is the asking price?
The asking price for this property is $169,500.
What are key features of this property?
This property features: 1,060‑square‑foot unit built in 2006; Two bedrooms and two bathrooms; Single‑level layout with open great room and vaulted ceilings
