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Six-Unit Multifamily Building
For Sale
$379,000

8 Terrace Pl, Little Rock, AR 72209

Six-unit multifamily property with a mix of 1-, 2-, and 3-bedroom units and updated mechanicals.

Property Size5,142 SF
Price / SF$73.71
Days on Market51

Property Features for 8 Terrace Pl

General Information

Standard status Active
Size 5,142 SF

Additional Details

Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: LPT Realty Conway
Listed By: Kelly Thomas
Source: Exprealty
Added: Jun 20 Changed: Jul 22 Last Checked: Aug 9 at 11:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty Conway

Investment Insights

Based on property information with market context.

This six-unit multifamily building offers a mix of 1-, 2-, and 3-bedroom apartment layouts. The property includes updated HVAC systems and extensive interior updates, along with a newer roof.

Located on a quiet cul-de-sac in Little Rock, the building presents an income-focused residential setup suitable for investors.

With over 5,100 square feet of total property size, the configuration supports a multi-unit rental structure across multiple unit bedroom mixes.

Key Highlights

  • Six‑unit multifamily property on a quiet cul‑de‑sac in Little Rock
  • Unit mix includes 1-, 2-, and 3‑bedroom homes
  • Over 5,100 SF total building size

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 72209, AR

31,641
Population
13,863
Households
2.3
Avg Household Size
32
Median Age
12%
College-Educated
80%
High-School Grad
18.3 sq mi
ZIP Area
1,729
Density / Sq Mi
$40,267
Median Household Income
$32,681
Median Earnings
$982
Median Rent
$99,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property with a mix of 1-, 2-, and 3-bedroom units and updated mechanicals.
Where is this apartment building located?
The property is located at 8 Terrace Pl Little Rock, AR.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Six‑unit multifamily property on a quiet cul‑de‑sac in Little Rock; Unit mix includes 1-, 2-, and 3‑bedroom homes; Over 5,100 SF total building size
More about this property
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