Tenth-Floor Residential Income
For Sale
$200,000
700 E 9th 10M Street, Little Rock, AR 72202
CONDOS - Little Rock, AR
Property Size1,129 SF
Price / SF$177.15
Days on Market132
Property Features for 700 E 9th 10M Street
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Patio and Porch features
Patio
Interior features
Washer-Stays, Window Treatments, Elevator
Exterior features
Patio
Fireplace
1
Accessibility
Accessible Elevator Installed
Appliances
Microwave, Refrigerator-Stays
Subdivision
QUAPAW TOWERS HPR
Lot features
Vista View
Directions
I-30 to downtown exit to 9th St to Ferry St
Standard status
Active
Size
1,129 SF
Taxes and HOA fees
Tax Description
Lot 10, Blk 0
Tax Annual Amount
1459
HOA Fee
$462 Monthly
Legal Description
Lot 10, Blk 0
Building Details
Year built
1967
Flooring type
Vinyl, Tile
Roof type
Flat
Architectural style
Other
Listing Agency:
IRealty Arkansas - Sherwood
(501) 392-6298
Listed By:
Michael Holmes
(501) 454-7285
Added: Mar 27
Changed: Aug 4
Last Checked: Aug 5 at 11:06AM
MLS# 26011792
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.
Enjoy downtown living in this beautifully remodeled tenth-floor condo in Quapaw Towers. The unit features two bedrooms and two full bathrooms, plus a private balcony for taking in views of the Arkansas Museum of Fine Arts and the downtown skyline.
Recent updates include new energy efficient living room windows and a glass balcony door installed in 2022. The interior includes vinyl and tile flooring, and the home includes a fireplace. Convenience items include washer-stays, window treatments, and a refrigerator-stays.
Building features include an elevator, with an accessible elevator installed. The roof is flat, and the property was built in 1967. The unit also has a patio.
Recent updates include new energy efficient living room windows and a glass balcony door installed in 2022. The interior includes vinyl and tile flooring, and the home includes a fireplace. Convenience items include washer-stays, window treatments, and a refrigerator-stays.
Building features include an elevator, with an accessible elevator installed. The roof is flat, and the property was built in 1967. The unit also has a patio.
Key Highlights
- 1129 SF tenth‑floor Quapaw Towers condo
- Two bedrooms and two full bathrooms
- Private balcony with views of Arkansas Museum of Fine Arts and downtown skyline
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 | $17.6k | $15.60 |
| − Vacancy | −$1.0k | −$0.90 |
| EGI | $16.6k | $14.70 |
| − OpEx | −$7.5k | −$6.61 |
| NOI | $9.1k | $8.08 |
1,129 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$130.4K
$114.1K – $152.1K
NOI $9,125 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$205.1K
$179.5K – $239.3K
NOI $14,357 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,110
Businesses Nearby
Explore this area
Business Placement
Demographics for 72202, AR
10,340
Population
7,403
Households
1.4
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$54,167
Median Household Income
$42,981
Median Earnings
$1,040
Median Rent
$246,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Remodeled two-bedroom, two-bath condo with private balcony in Quapaw Towers and accessible elevator service.
Where is this residential income property located?
The property is located at 700 E 9th 10M Street Little Rock, AR.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1129 SF tenth‑floor Quapaw Towers condo; Two bedrooms and two full bathrooms; Private balcony with views of Arkansas Museum of Fine Arts and downtown skyline
