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6-Unit Apartment Building
For Sale
$379,000

8 Terrace Place, Little Rock, AR 72209

A varied one-, two-, and three-bedroom unit mix is paired with updated HVAC and a newer roof.

Property Size5,142 SF
Price / SF$73.71
Days on Market27

Property Features for 8 Terrace Place

General Information

Standard status Active
Size 5,142 SF
Property subtype Commercial / Industrial

Site & Location

Neighborhood West Baseline
Road Access Yes

Additional Details

Multifamily Units 6
Listing Agency: LPT Realty Conway
Listed By: Kelly Thomas
Source: Arprorealty
Added: Oct 9 Changed: Oct 26 Last Checked: Nov 3 at 6:47AM

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

Rey
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Investment Insights

Based on property information with market context.

This six-unit apartment property in Little Rock contains 5,142 square feet, with one-, two-, and three-bedroom residences. Interior updates have been completed, and the building has updated HVAC systems and a newer roof.

The property is on a cul-de-sac at 8 Terrace Place in Little Rock, Arkansas.

Key Highlights

  • Six‑unit apartment property
  • 5,142 square feet
  • Unit mix includes one-, two-, and three‑bedroom residences

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

428
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A varied one-, two-, and three-bedroom unit mix is paired with updated HVAC and a newer roof.
Where is this apartment building located?
The property is located at 8 Terrace Place 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 apartment property; 5,142 square feet; Unit mix includes one-, two-, and three‑bedroom residences
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