Leased Duplex with
For Sale
$162,000
4812-4814 Lynn Ln, North Little Rock, AR 72118
Two electric units offer one- and two-bedroom layouts with open-plan interiors and existing long-term occupancy.
Property Size692 SF
Price / SF$234.10
Days on Market26
Property Features for 4812-4814 Lynn Ln
General Information
Standard status
Active
Size
692 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1963
Tenancy
Multi
Listing Agency:
Eleven 11 Company
Listed By:
Nina DuBois
(501) 349-2383
Source:
Signaturearkansas
Added: Sep 11
Changed: Oct 6
Last Checked: Oct 5 at 10:47PM
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 Eleven 11 Company
Investment Insights
Based on property information with market context.
This duplex at 4812/4814 Lynn Ln includes two residential units configured with one-bedroom and two-bedroom layouts. Both residences feature open floor plans, carports, and all-electric systems. The property was built in 1963.
Both units are currently leased to long-term tenants, providing established occupancy. The property is located in North Little Rock, Arkansas, with local transportation opportunities nearby.
Both units are currently leased to long-term tenants, providing established occupancy. The property is located in North Little Rock, Arkansas, with local transportation opportunities nearby.
Key Highlights
- Duplex with one‑bedroom and two‑bedroom units
- Both units leased to long‑term tenants
- Open floor plans in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,815
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,300
$116.3K
Cap Rate 7%
$83,071
$83.1K
Cap Rate 9%
$64,611
$64.6K
Market Conditions
NOI Build-Up for 692 SF
Gross rent
$8.9K $12.84/SF
− Vacancy
−$578 −$0.83/SF
EGI
$8.3K $12.01/SF
− OpEx
−$2.5K −$3.60/SF
NOI
$5.8K $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%
$116,300
Cap Rate 7%
$83,071
Cap Rate 9%
$64,611
Alternative Uses
Best Use
Multifamily LT 5
$83.1K
$72.7K – $96.9K
NOI $5,815 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$74.4K
$65.1K – $86.8K
NOI $5,206 @ 7.0% cap · market cap 3.21%
Theoretical Best
Specialty Retail
$132.0K
$115.5K – $154.0K
NOI $9,240 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 72118, AR
22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two electric units offer one- and two-bedroom layouts with open-plan interiors and existing long-term occupancy.
Where is this duplex located?
The property is located at 4812-4814 Lynn Ln North Little Rock, AR.
What is the asking price?
The asking price for this property is $162,000.
What are key features of this property?
This property features: Duplex with one‑bedroom and two‑bedroom units; Both units leased to long‑term tenants; Open floor plans in both residences
