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Corner Residential Income Property

521 President Clinton #1206 Avenue, Little Rock, AR 72201

For Sale
$499,000

Residential, Contemporary, Little Rock, AR

Property Size1,986 SF
Price / SF$251.26
Days on Market61

Property Features for 521 President Clinton #1206 Avenue

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Den, Bathroom 2, Bathroom 1, Bedroom 2, Laundry Room
Parking features Garage, Assigned
Patio and Porch features Patio
Interior features Dryer-Stays, Washer-Stays, Window Treatments
Exterior features Patio
Fireplace 1
Appliances Built-In Stove, Dishwasher, Disposal, Gas Range, Microwave, Pantry, Refrigerator-Stays
Subdivision CLINTON & SHERMAN HPR
Lot features Level
Directions On 12th floor of First Security building on President Clinton Ave in the River Market.
Standard status Active
Size 1,986 SF

Taxes and HOA fees

Tax Description Lot 1206
Tax Annual Amount 7217
HOA Fee $812 Monthly
Legal Description Lot 1206

Amenities

high ceilings
floor to ceiling windows
separate office
gas fireplace
wrap-around balcony
full-service hotel
Starbucks
Bar

Building Details

Year built 2004
Flooring type Vinyl, Tile
Architectural style Contemporary
Listing Agency: LPT Realty · RE/MAX International
Listed By: Annette Hurley · License AR SA00061299
Added: Sep 16 Changed: Nov 2 Last Checked: Nov 15 at 12:06PM
MLS# 26037870

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 1,986-square-foot corner condominium is located in a high-rise building and includes two bedrooms, two bathrooms, a separate office, and a gas fireplace. Floor-to-ceiling windows provide Arkansas River and downtown skyline views, while the wrap-around balcony extends the living area outdoors. Luxury vinyl flooring was installed in 8/2026, and the unit also includes tile flooring, a laundry area, window treatments, and a contemporary design. The kitchen is equipped with a built-in stove, gas range, microwave, dishwasher, disposal, pantry, and refrigerator.

Set within Little Rock’s downtown River Market District, the property is positioned near restaurants, entertainment, the Clinton Library, and the East Village area. Building amenities include a full-service hotel on the lower level with Starbucks and a bar. One secured assigned garage parking space is included, with an option to purchase another space.

Key Highlights

  • 1,986‑square‑foot corner condominium in a high‑rise building
  • Two bedrooms, two bathrooms, and a separate office
  • Arkansas River and downtown skyline views from every room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,052
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,040 $321.0K
Cap Rate 7%
$229,314 $229.3K
Cap Rate 9%
$178,356 $178.4K
Market Conditions
NOI Build-Up for 1,986 SF
Gross rent
$31.0K $15.60/SF
− Vacancy
−$1.8K −$0.90/SF
EGI
$29.2K $14.70/SF
− OpEx
−$13.1K −$6.61/SF
NOI
$16.1K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,040
Cap Rate 7%
$229,314
Cap Rate 9%
$178,356

Alternative Uses

Best Use
Apartment 5plus
$229.3K
$200.7K – $267.5K (±1% cap)
NOI $16,052 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$360.8K
$315.7K – $420.9K (±1% cap)
NOI $25,254 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,881
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Residential income properties in Little Rock, AR

$111 Jul
$106 Aug
$107 Sep
$121 Oct

Properties on Market for Residential income properties in Little Rock

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - High-rise downtown unit with river views, office space, fireplace, and secured parking.
Where is this residential income property located?
The property is located at 521 President Clinton #1206 Avenue Little Rock, AR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,986‑square‑foot corner condominium in a high‑rise building; Two bedrooms, two bathrooms, and a separate office; Arkansas River and downtown skyline views from every room
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