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Duplex with Separate Entries
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For Sale
$350,000

406 E 16th, Little Rock, AR 72202

Multi-Family, Traditional, Little Rock, AR

Property Size900 SF
Lot Size0.05 Acres
Price / SF$388.89
Days on Market3

Property Features for 406 E 16th

General Information

Property type Residential Multi Family
Property subtype Duplex
Appliances Microwave, Electric Range, Disposal, Refrigerator-Stays, Microwave, Electric Range, Disposal, Refrigerator-Stays
Subdivision City of Little Rock L3
Lot features Level
Directions From 630, Take Exit 1A towards South Main St. In half a mile, turn left onto 16th Street. Duplex will be about 0.6 mi down the road.
Standard status Active
Size 900 SF
Lot size 0.05 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Description Lot 5-6/Block 53
Tax Annual Amount 146
Legal Description Lot 5-6/Block 53

Amenities

private outdoor space

Building Details

Year built 2025
Floors in Building 1
Number of units 2
Flooring type Vinyl
Roof type Shingle
Architectural style Other
Listing Agency: HomeWay Realty
Listed By: Nicole Nark
Added: Oct 28 Last Checked: Oct 30 at 2:06PM
MLS# 26043499

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.

Rey
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Investment Insights

Based on property information with market context.

Completed in 2025, this 900-square-foot duplex contains two 1-bedroom, 1-bathroom units. Each has its own entrance and private outdoor space. The property has been furnished, with the furnishings negotiable, and vinyl flooring and a shingle roof are noted. The units have been leased primarily on 60- to 90-day terms to travel nurses, according to the stated operating history.

The property is in SoMa, downtown Little Rock, with major hospital systems described as minutes away and the airport five minutes away. Its two-unit configuration and separate access provide distinct living spaces within one residential income property.

Key Highlights

  • Two 1‑bedroom, 1‑bathroom units in a 900‑square‑foot duplex
  • Built in 2025
  • Separate entrances and private outdoor space for each unit

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

Demographics for 72202, AR

10,340
Population
7,403
Households
1.4
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$54,167
Median Household Income
$42,981
Median Earnings
$1,040
Median Rent
$246,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both one-bedroom units include private outdoor space and are configured for mid-term occupancy.
Where is this duplex located?
The property is located at 406 E 16th 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: Two 1‑bedroom, 1‑bathroom units in a 900‑square‑foot duplex; Built in 2025; Separate entrances and private outdoor space for each unit
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