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Downtown Studio Lofts Opportunity
For Sale
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Pending

423 E 3rd St, Little Rock, AR 72201

Seven studio lofts in historic downtown location for sale.

Property Size600 SF
Days on Market170

Property Features for 423 E 3rd St

General Information

Standard status Pending
Size 600 SF
Property subtype Multifamily
Occupancy 14%

Building Details

Year Built 1933
Year Renovated 1980
Buildings 1
Stories 2
Listing Agency: Berkshire Hathaway HomeServices Little Rock
Listed By: Robin J. Miller · License #PB000058192
Source: Crexi
Added: Mar 3 Changed: Aug 8 Last Checked: Aug 19 at 8:47AM

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 Berkshire Hathaway HomeServices Little Rock

Investment Insights

Based on property information with market context.

Seven studio lofts are available in the Tuf Nut Lofts building, formerly a blue jean factory. The building is officially listed on the National Historic Register and features post and beam construction, 15-foot ceilings, and exposed brick walls. The lofts are located on the interior of the 2nd floor. The location provides walking distance access to the River Market, River Trail, local gyms, parks, and restaurants. The lofts include one bedroom and one bathroom. Unit 223 is currently leased by a long-term tenant. The sizes of the units range from 500 to 600 square feet. Units included are 216-218, 220-223.

Key Highlights

  • Prime downtown location: Walk to River Market, River Trail, gyms, parks, and restaurants.
  • Historic Tuf Nut Lofts: Located in an iconic building on the National Historic Register.
  • Unique loft features: Enjoy post and beam construction, 15‑foot ceilings, and exposed brick walls.

Property Analytics

Current Use

River Market Lofts Vacation Rental Tuf Nut Lofts Apartment Building Tuf-Nuts LLC (Bike/Boat/Book/etc) Store Richard Sheppard Arnold ... Courthouse John David Pittman ... Photography Service

Suggested Use

Top Pick Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store Garden Center Pet Store Pet Store & 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.

Location Intelligence

Trade Area within ½ mile

3,079
Businesses Nearby

Demographics for 72201, AR

961
Population
628
Households
1.5
Avg Household Size
44
Median Age
78%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
801
Density / Sq Mi
$112,045
Median Household Income
$71,188
Median Earnings
$1,344
Median Rent
$262,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Seven studio lofts in historic downtown location for sale.
Where is this apartment building located?
The property is located at 423 E 3rd St Little Rock, AR.
What is the asking price?
The asking price for this property is $943,000.
What are key features of this property?
This property features: Prime downtown location: Walk to River Market, River Trail, gyms, parks, and restaurants.; Historic Tuf Nut Lofts: Located in an iconic building on the National Historic Register.; Unique loft features: Enjoy post and beam construction, 15‑foot ceilings, and exposed brick walls.
More about this property
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