2-Unit Duplex with Private
3119 Pine Street, North Little Rock, AR 72116
For Sale
$167,777
Under Contract
Residential, Traditional, North Little Rock, AR
Property Size1,904 SF
Lot Size0.17 Acres
Price / SF$88.12
Days on Market9
Property Features for 3119 Pine Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Amenities
deck
off-street parking
open concept living/dining
vaulted ceilings
Building Details
Year built
Floors in Building
Flooring type
Roof type
Architectural style
Buildings
Listing Agency:
Excel Realty Group, Inc.
Listed By:
Maria Carpenter
(501) 258-8819
Added: Nov 6
Last Checked: Nov 14 at 12:06AM
MLS# 26044750
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 1984 duplex contains two units across 1,904 square feet, with four bedrooms and four bathrooms in total. Open dining-to-living areas and vaulted ceilings are among the interior features. Each unit has its own deck, and the property includes space for multiple vehicles off the street. The 0.17-acre parcel is at 3119 Pine Street in North Little Rock, Arkansas.
One unit is occupied, while the other is available for a renter. The property also includes washer connections, a pantry, and a refrigerator that stays.
One unit is occupied, while the other is available for a renter. The property also includes washer connections, a pantry, and a refrigerator that stays.
Key Highlights
- Two‑unit duplex with 1,904 square feet on a 0.17‑acre lot
- Four bedrooms and four bathrooms
- A deck is provided for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,323
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,460
$286.5K
Cap Rate 7%
$204,614
$204.6K
Cap Rate 9%
$159,144
$159.1K
Market Conditions
NOI Build-Up for 1,904 SF
Gross rent
$27.6K $14.52/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$26.0K $13.68/SF
− OpEx
−$11.7K −$6.16/SF
NOI
$14.3K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,460
Cap Rate 7%
$204,614
Cap Rate 9%
$159,144
Alternative Uses
Best Use
Multifamily LT 5
$228.6K
$200.0K – $266.7K
NOI $16,001 @ 7.0% cap · market cap 9.54%
Second Best
Apartment 5plus
$204.6K
$179.0K – $238.7K
NOI $14,323 @ 7.0% cap · market cap 8.54%
Theoretical Best
Specialty Retail
$363.2K
$317.8K – $423.7K
NOI $25,423 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
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Business Placement
Demographics for 72116, AR
21,715
Population
10,556
Households
2.1
Avg Household Size
42
Median Age
42%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
3,341
Density / Sq Mi
$75,490
Median Household Income
$46,256
Median Earnings
$1,058
Median Rent
$218,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in North Little Rock, AR
Properties on Market for Duplexes in North Little Rock
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Open dining and living areas, vaulted ceilings, and off-street vehicle space serve the two-unit property.
Where is this duplex located?
The property is located at 3119 Pine Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $167,777.
What are key features of this property?
This property features: Two‑unit duplex with 1,904 square feet on a 0.17‑acre lot; Four bedrooms and four bathrooms; A deck is provided for each unit
