Duplex with Updated
New
For Sale
$159,500
7510 Indiana Avenue, Little Rock, AR 72207
Residential, Traditional, Little Rock, AR
Property Size1,184 SF
Price / SF$134.71
Days on Market7
Property Features for 7510 Indiana Avenue
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Great Room, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
Fireplace
1
Appliances
Free-Standing Stove, Microwave, Disposal
Subdivision
Stoneleigh
Lot features
Level
Directions
Mississippi street to Indiana. Condo is on the left.
Standard status
Active
Size
1,184 SF
Taxes and HOA fees
Tax Description
lot 11
Tax Annual Amount
2147
HOA Fee
$255 Monthly
Legal Description
lot 11
Building Details
Year built
1986
Floors in Building
1
Flooring type
Laminate, Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
Accountable Property Mgmt and Realty
(501) 224-2236
Listed By:
Ted Upshaw
(501) 351-7368
Added: Oct 17
Changed: Oct 19
Last Checked: Oct 23 at 10:06AM
MLS# 26042061
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 1,184-square-foot duplex property, built in 1986, has two bedrooms, two bathrooms, a great room, and a fireplace. Interior improvements include new kitchen cabinets and countertops, flooring, lighting, and paint. The HVAC system and ductwork have also been replaced, along with most of the windows. The kitchen includes a freestanding stove, microwave, and disposal. Flooring is laminate and vinyl, and the roof is composition shingle.
The property is located at 7510 Indiana Avenue in Little Rock, Arkansas, 72207.
The property is located at 7510 Indiana Avenue in Little Rock, Arkansas, 72207.
Key Highlights
- 1,184 square feet; built in 1986
- Two bedrooms, two bathrooms, a great room, and a fireplace
- Kitchen has updated cabinets and countertops, with a freestanding stove, microwave, and disposal
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,807
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,140
$216.1K
Cap Rate 7%
$154,386
$154.4K
Cap Rate 9%
$120,078
$120.1K
Market Conditions
NOI Build-Up for 1,184 SF
Gross rent
$16.3K $13.80/SF
− Vacancy
−$900 −$0.76/SF
EGI
$15.4K $13.04/SF
− OpEx
−$4.6K −$3.91/SF
NOI
$10.8K $9.13/SF
Area
Little Rock, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,140
Cap Rate 7%
$154,386
Cap Rate 9%
$120,078
Alternative Uses
Best Use
Multifamily LT 5
$154.4K
$135.1K – $180.1K
NOI $10,807 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$136.7K
$119.6K – $159.5K
NOI $9,570 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$215.1K
$188.2K – $250.9K
NOI $15,056 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
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Business Placement
Demographics for 72207, AR
11,036
Population
5,800
Households
1.9
Avg Household Size
40
Median Age
69%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,904
Density / Sq Mi
$93,958
Median Household Income
$59,658
Median Earnings
$942
Median Rent
$384,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Kitchen cabinetry, counters, flooring, and HVAC have been updated.
Where is this duplex located?
The property is located at 7510 Indiana Avenue Little Rock, AR.
What is the asking price?
The asking price for this property is $159,500.
What are key features of this property?
This property features: 1,184 square feet; built in 1986; Two bedrooms, two bathrooms, a great room, and a fireplace; Kitchen has updated cabinets and countertops, with a freestanding stove, microwave, and disposal
