Four-Unit Residential Income
5522 & 5524 B Street Little Rock, AR 72205
For Sale
$300,000
MULTI_FAMILY - Little Rock, AR
Property Size3,312 SF
Lot Size0.24 Acres
Price / SF$90.58
Days on Market195
Property Features for 5522 & 5524 B Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Patio and Porch features
- Patio
- Interior features
- Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Balcony/Loft, Closet - Walk In, Fan - Ceiling, Some Units, Primary Bedroom with Bath
- Exterior features
- Partially Fenced, Guttering, Dumpster, Patio, Covered
- Fencing
- Partial
- Appliances
- Free-Standing Stove, Electric Range, Dishwasher, Free-Standing Stove, Electric Range, Dishwasher
- Standard status
- Active
- Size
- 3,312 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 15 & 16, Block 17
- Tax Annual Amount
- 5601
Utilities
- Water front features
- Creek
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Tile
- Roof type
- Composition
- Architectural style
- Other
Listing Agency:
Rackley Realty
(501) 519-4889
Listed By:
Chase Rackley
(501) 519-4889
Added: Jan 13
Changed: Jul 20
Last Checked: Jul 27 at 7:06AM
MLS# 26002028
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 for-sale quadplex property includes two buildings with four 1-bedroom, 1-bath units. Public remarks indicate all units have been cosmetically upgraded, including new floors, cabinets, and countertops. The configuration is split between 5524 B, which has two units with private access and covered porches, and 5522 B, which has two units with loft-style bedrooms and spacious living rooms.
The property is positioned in Little Rock, AR, close to UAMS and St. Vincent hospitals, offering a practical tenant pool for healthcare and related employment. The lot size is listed at 0.24 acres, and the total property size is 3,312 square feet. Public remarks also note that 75% occupancy is starting 7/3, with financials available.
For buyers or operators looking for a small multifamily setup, the unit mix provides straightforward 1-bedroom living with updated interior finishes across all four units. The private access and covered porches on one side, along with loft-style bedroom layouts on the other, add variety while keeping the overall program consistent. This offering is presented as a consistent rental property, with additional documentation available upon request.
The property is positioned in Little Rock, AR, close to UAMS and St. Vincent hospitals, offering a practical tenant pool for healthcare and related employment. The lot size is listed at 0.24 acres, and the total property size is 3,312 square feet. Public remarks also note that 75% occupancy is starting 7/3, with financials available.
For buyers or operators looking for a small multifamily setup, the unit mix provides straightforward 1-bedroom living with updated interior finishes across all four units. The private access and covered porches on one side, along with loft-style bedroom layouts on the other, add variety while keeping the overall program consistent. This offering is presented as a consistent rental property, with additional documentation available upon request.
Key Highlights
- Four 1‑bed/1‑bath rental units close to UAMS and St. Vincent hospitals
- Cosmetically upgraded units with new floors, cabinets, and countertops
- 5524 B: two units with private access and covered porches
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 | $51.7k | $15.60 |
| − Vacancy | −$3.0k | −$0.90 |
| EGI | $48.7k | $14.70 |
| − OpEx | −$21.9k | −$6.61 |
| NOI | $26.8k | $8.08 |
3,312 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$431.9K
$377.9K – $503.9K
NOI $30,231 @ 7.0% cap · market cap 10.08%
Second Best
Apartment 5plus
$382.4K
$334.6K – $446.2K
NOI $26,769 @ 7.0% cap · market cap 8.92%
Theoretical Best
Office A
$601.7K
$526.5K – $701.9K
NOI $42,116 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
5522 B
Vocational School
FAQs
What type of property is this?
Quadplex - Four 1-bed, 1-bath units with recent cosmetic upgrades near major hospital employers.
Where is this quadplex located?
The property is located at 5522 & 5524 B Street Little Rock, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four 1‑bed/1‑bath rental units close to UAMS and St. Vincent hospitals; Cosmetically upgraded units with new floors, cabinets, and countertops; 5524 B: two units with private access and covered porches
