Electric Duplex with Dedicated
For Sale
$115,000
4600 GUM Street, North Little Rock, AR 72120
Multi-Family, Traditional, North Little Rock, AR
Property Size1,120 SF
Lot Size0.26 Acres
Price / SF$102.68
Days on Market99
Property Features for 4600 GUM Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Interior features
Washer Connection, Washer-Stays, Dryer-Stays, Hot Water Heater-Electric
Appliances
Free-Standing Stove, Dishwasher, Free-Standing Stove, Dishwasher
Subdivision
Franks JL
Lot features
Level, In Subdivision
Directions
I -40 West Take Camp Robinson exit follow Camp Robinson to 47th St. (McCain), Left on 47th St. Then Left on Allen, then Left on 46th Street which becomes GUM Street.
Standard status
Active
APN
33N1480002701
Size
1,120 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Lot 27
Tax Annual Amount
947
Legal Description
Lot 27
Amenities
refrigerator
range
stackable washer & dryer
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Roof type
Shingle, Composition
Architectural style
Other
Buildings
1
Listing Agency:
Michele Phillips & Co. Realtors
(501) 834-3433
Listed By:
Teresa Burl
(501) 442-0214
Added: Jul 24
Changed: Oct 29
Last Checked: Oct 30 at 8:06AM
MLS# 26030254
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 duplex contains two 1BR/1BA residences within 1,120 square feet. Built in 1950, the property includes vinyl flooring, composition shingle roofing, and all-electric systems with electric water heating. Both units are occupied and convey with seller-owned appliances, including free-standing stoves, dishwashers, refrigerators, and stackable washer-and-dryer units.
The 0.26-acre property is located at 4600 GUM Street in North Little Rock, Arkansas, within Pulaski County. Dedicated parking serves the residences. The unit configuration, in-place occupancy, and included appliances provide a straightforward multifamily layout for continued residential income use.
The 0.26-acre property is located at 4600 GUM Street in North Little Rock, Arkansas, within Pulaski County. Dedicated parking serves the residences. The unit configuration, in-place occupancy, and included appliances provide a straightforward multifamily layout for continued residential income use.
Key Highlights
- Two 1BR/1BA units totaling 1,120 Square Feet
- Fully occupied duplex at 4600 GUM Street, North Little Rock, AR 72120
- 0.26‑acre lot with dedicated parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,412
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,240
$188.2K
Cap Rate 7%
$134,457
$134.5K
Cap Rate 9%
$104,578
$104.6K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$14.4K $12.84/SF
− Vacancy
−$935 −$0.83/SF
EGI
$13.4K $12.01/SF
− OpEx
−$4.0K −$3.60/SF
NOI
$9.4K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,240
Cap Rate 7%
$134,457
Cap Rate 9%
$104,578
Alternative Uses
Best Use
Multifamily LT 5
$134.5K
$117.7K – $156.9K
NOI $9,412 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$120.4K
$105.3K – $140.4K
NOI $8,426 @ 7.0% cap · market cap 7.33%
Theoretical Best
Specialty Retail
$213.6K
$186.9K – $249.3K
NOI $14,955 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
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Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied one-bedroom units include seller-owned appliances and dedicated tenant parking.
Where is this duplex located?
The property is located at 4600 GUM Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Two 1BR/1BA units totaling 1,120 Square Feet; Fully occupied duplex at 4600 GUM Street, North Little Rock, AR 72120; 0.26‑acre lot with dedicated parking
