Two-Unit Duplex with
For Sale
$162,000
4812/4814 Lynn Lane, North Little Rock, AR 72118
Income-producing duplex with open layouts, all-electric systems, and leased units near local transportation options.
Property Size1,386 SF
Price / SF$116.88
Days on Market13
Property Features for 4812/4814 Lynn Lane
General Information
Standard status
Active
Size
1,386 SF
Property subtype
Multi-family
Occupancy
100%
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Listing Agency:
Eleven 11 Company
Listed By:
Nina DuBois
(501) 349-2383
Source:
Heilesassociatesrealtors
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 26 at 5:47AM
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 Eleven 11 Company
Investment Insights
Based on property information with market context.
Arrowhead Manor is a duplex containing one 1-bedroom unit and one 2-bedroom unit within a combined 1,386 square feet. Both residences feature open floor plans, carports, and all-electric systems. The property is currently leased, with long-term tenants in place.
Located on Lynn Lane in North Little Rock, the duplex is close to local transportation opportunities. The two-unit configuration offers separate residential spaces with established occupancy and distinct bedroom layouts.
Located on Lynn Lane in North Little Rock, the duplex is close to local transportation opportunities. The two-unit configuration offers separate residential spaces with established occupancy and distinct bedroom layouts.
Key Highlights
- Two‑unit duplex with 1‑bedroom and 2‑bedroom residences
- 1,386 square feet of combined property size
- Both units leased with long‑term tenants in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,648
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$232,960
$233.0K
Cap Rate 7%
$166,400
$166.4K
Cap Rate 9%
$129,422
$129.4K
Market Conditions
NOI Build-Up for 1,386 SF
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.
Gross rent
$17.8K $12.84/SF
− Vacancy
−$1.2K −$0.83/SF
EGI
$16.6K $12.01/SF
− OpEx
−$5.0K −$3.60/SF
NOI
$11.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$232,960
Cap Rate 7%
$166,400
Cap Rate 9%
$129,422
Alternative Uses
Best Use
Multifamily LT 5
$166.4K
$145.6K – $194.1K
NOI $11,648 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$149.0K
$130.3K – $173.8K
NOI $10,427 @ 7.0% cap · market cap 6.44%
Theoretical Best
Specialty Retail
$264.4K
$231.3K – $308.5K
NOI $18,507 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with open layouts, all-electric systems, and leased units near local transportation options.
Where is this duplex located?
The property is located at 4812/4814 Lynn Lane 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: Two‑unit duplex with 1‑bedroom and 2‑bedroom residences; 1,386 square feet of combined property size; Both units leased with long‑term tenants in place
