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Updated Condo with Sunroom
New
For Sale
$214,000

32 Hampshire Circle, Little Rock, AR 72212

CONDOS - Little Rock, AR

Property Size1,709 SF
Price / SF$125.22
Days on Market7

Property Features for 32 Hampshire Circle

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Great Room, Bathroom 3, Bathroom 1, Bedroom 3
Parking features Garage
Patio and Porch features Patio
Interior features Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar
Exterior features Patio, Fully Fenced
Fencing Full
Appliances Built-In Stove, Microwave, Dishwasher, Disposal, Ice Maker Connection
Subdivision BERKSHIRE PK HPR
Lot features Level
Directions West on Rodney Parham. Turn right onto Merrill Dr by Bank of American and the Pantry. Turn onto Hampshire Circle. Proceed to 32 Hampshire.
Standard status Active
Size 1,709 SF

Taxes and HOA fees

Tax Description Lot 90
Tax Annual Amount 2403
HOA Fee $347 Monthly
Legal Description Lot 90

Building Details

Year built 1973
Floors in Building 2
Flooring type Vinyl
Roof type Composition
Architectural style Other
Listing Agency: RE/MAX Affiliates Realty · RE/MAX International
Listed By: Walt Dickinson · License #1701
Added: Jul 25 Changed: Jul 29 Last Checked: Jul 31 at 2:06PM
MLS# 26030267

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 updated, move-in-ready condo includes a floor plan with two living areas and an updated kitchen with stone countertops. The kitchen and dining area connect with a breakfast bar and a pass-through, while the large great room provides access to an enclosed, finished sunroom. A powder room is located on the main level, and the home also features LVP flooring throughout and plantation shutters.

Upstairs offers three bedrooms and two full baths, including an updated master suite bath. An upstairs laundry space and an additional walk-in closet add day-to-day convenience.

Outside, the condo has an inviting backyard with a patio that is fully fenced. The enclosed sunroom measures 16' x 8' and is noted as not included in the stated square footage.

Key Highlights

  • Updated 1973 condo with 3 bedrooms and 3 bathrooms, plus powder room down
  • Enclosed sunroom off the large great room (16' x 8'); not included in the square footage
  • Updated kitchen with breakfast bar and pass‑through to kitchen/dining area; includes built‑in stove, microwave, dishwasher, and disposal

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 $23.6k $13.80
− Vacancy −$1.3k −$0.76
EGI $22.3k $13.04
− OpEx −$6.7k −$3.91
NOI $15.6k $9.13
1,709 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$222.8K
$195.0K – $260.0K (±1% cap)
NOI $15,599 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$197.3K
$172.7K – $230.2K (±1% cap)
NOI $13,813 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$310.5K
$271.7K – $362.2K (±1% cap)
NOI $21,732 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Bakery Electrical Service Building Supply Garden Center HVAC Service

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

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,396
Businesses Nearby

Demographics for 72212, AR

12,612
Population
5,469
Households
2.3
Avg Household Size
43
Median Age
72%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
2,068
Density / Sq Mi
$116,310
Median Household Income
$66,158
Median Earnings
$1,089
Median Rent
$341,400
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?
Duplex - Move-in-ready condo features two living areas, an enclosed sunroom, and an updated kitchen, plus three bedrooms and two full baths.
Where is this duplex located?
The property is located at 32 Hampshire Circle Little Rock, AR.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: Updated 1973 condo with 3 bedrooms and 3 bathrooms, plus powder room down; Enclosed sunroom off the large great room (16' x 8'); not included in the square footage; Updated kitchen with breakfast bar and pass‑through to kitchen/dining area; includes built‑in stove, microwave, dishwasher, and disposal
More about this property
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