Two 5-Unit Apartment
4713-4801 Hickory North Little Rock, AR 72116
MULTI_FAMILY - North Little Rock, AR
Type:Apartment
Property size:
7,560 SFLot size:
0.64 AcresPrice / SF:
$109/SF- Added:
- Jun 30, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 10 at 4:06 pm
Property Features for 4713-4801 Hickory
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Appliances
- Free-Standing Stove, Free-Standing Stove
- Standard status
- Active
- Size
- 7,560 SF
- Lot size
- 0.64 Acres
Taxes and HOA fees
- Tax Description
- Lot 125-126, Block 202
- Tax Annual Amount
- 6335
Building Details
- Year built
- 1969
- Floors in Building
- 2
- Number of units
- 10
- Flooring type
- Laminate, Carpet - Partial
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Chad Taylor (501) 231-7612
Listing office McKimmey Associates REALTORS NLR 5317 John F Kennedy Blvd, North Little Rock, AR (501) 812-3500
Listing date Jun 30, 2026
MLS# 26027882
Listing URL
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 offering includes two well-maintained 5-unit apartment buildings for a total of 10 rental units. Each unit is configured as a 2-bedroom, 1-bath layout. The buildings have also had recent roof replacements, an improvement intended to reduce near-term maintenance concerns.
The property is located at 4713-4801 Hickory in North Little Rock, Arkansas (Pulaski County). The site encompasses approximately 0.64 acres and includes about 7,560 square feet of building area.
From an operations standpoint, the consistent unit mix across the two buildings may simplify leasing and turnover planning. For investors or first-time multifamily buyers, the structure of two similar mid-sized buildings provides a straightforward income-producing portfolio setup, subject to tenant occupancy and lease terms.
The property is located at 4713-4801 Hickory in North Little Rock, Arkansas (Pulaski County). The site encompasses approximately 0.64 acres and includes about 7,560 square feet of building area.
From an operations standpoint, the consistent unit mix across the two buildings may simplify leasing and turnover planning. For investors or first-time multifamily buyers, the structure of two similar mid-sized buildings provides a straightforward income-producing portfolio setup, subject to tenant occupancy and lease terms.
Key Highlights
- Two well maintained 5‑unit apartment buildings totaling 10 units
- All units are 2‑bedroom, 1‑bath layouts
- Year built: 1969
Local Financial Insights For Apartment 5plus
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 | $109.8k | $14.52 |
| − Vacancy | −$6.4k | −$0.84 |
| EGI | $103.4k | $13.68 |
| − OpEx | −$46.5k | −$6.16 |
| NOI | $56.9k | $7.52 |
7,560 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$812.5K
$710.9K – $947.9K
NOI $56,872 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,946 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - For sale portfolio of two well-maintained apartment buildings totaling 10 units with 2 bed/1 bath layouts.
Where is this apartment building located?
The property is located at 4713-4801 Hickory North Little Rock, AR.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two well maintained 5‑unit apartment buildings totaling 10 units; All units are 2‑bedroom, 1‑bath layouts; Year built: 1969
