Residential Income Property with
For Sale
$140,000
700 E 9th Street, Little Rock, AR 72202
Residential, Little Rock, AR
Property Size900 SF
Price / SF$155.56
Days on Market467
Property Features for 700 E 9th Street
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Den, Bathroom 1, Bedroom 2
Parking features
Open
Patio and Porch features
Patio
Exterior features
Patio, Fully Fenced, Inground Pool
Fencing
Full
Appliances
Free-Standing Stove, Electric Range, Dishwasher
Subdivision
QUAPAW TOWERS HPR
Lot features
Level
Directions
Downtown Little Rock
Standard status
Active
Size
900 SF
Taxes and HOA fees
Tax Description
QUAPAW TOWERS HPR 6L
Tax Annual Amount
1390
HOA Fee
$416 Monthly
Legal Description
QUAPAW TOWERS HPR 6L
Building Details
Year built
1967
Floors in Building
1
Flooring type
Carpet, Vinyl, Tile
Roof type
Flat
Listing Agency:
The Mike Rushin Co. Inc.
(501) 663-3419
Listed By:
Michael Rushin Jr.
(501) 351-4540
Added: Jun 26, 2025
Changed: Oct 5
Last Checked: Oct 5 at 3:06PM
MLS# 25025371
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 900-square-foot residential property is described as a condo and includes two bedrooms, two bathrooms, and a den. The building dates to 1967. Interior finishes include carpet, vinyl, and tile flooring, with a free-standing stove, electric range, and dishwasher. A patio and open parking are also listed among the property features.
The exterior includes full fencing and an inground pool. The property is at 700 E 9th Street in Little Rock, Arkansas.
The exterior includes full fencing and an inground pool. The property is at 700 E 9th Street in Little Rock, Arkansas.
Key Highlights
- 900 square feet with two bedrooms, two bathrooms, and a den
- 1967 construction
- Patio, full fencing, and an inground pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,274
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,480
$145.5K
Cap Rate 7%
$103,914
$103.9K
Cap Rate 9%
$80,822
$80.8K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$14.0K $15.60/SF
− Vacancy
−$814 −$0.90/SF
EGI
$13.2K $14.70/SF
− OpEx
−$6.0K −$6.61/SF
NOI
$7.3K $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%
$145,480
Cap Rate 7%
$103,914
Cap Rate 9%
$80,822
Alternative Uses
Best Use
Apartment 5plus
$103.9K
$90.9K – $121.2K
NOI $7,274 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$163.5K
$143.1K – $190.8K
NOI $11,445 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,927
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
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Frequently Asked Questions
What type of property is this?
Residential income property - The 2-bedroom, 2-bathroom residence includes a den and access to an inground pool.
Where is this residential income property located?
The property is located at 700 E 9th Street Little Rock, AR.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 900 square feet with two bedrooms, two bathrooms, and a den; 1967 construction; Patio, full fencing, and an inground pool
