Six-Unit Multifamily
For Sale
$379,000
8 Terrace Place, Little Rock, AR 72209
MULTI_FAMILY - Little Rock, AR
Property Size5,142 SF
Lot Size0.35 Acres
Price / SF$73.71
Days on Market52
Property Features for 8 Terrace Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Directions
Take Geyer Springs Exit 133 Turn left on Geyer Springs Road, continue south 1.5 miles, right on Mabelvale Pike, right on Hatfield Dr., turn left onto Terrace Place
Subdivision
Little Rock
Standard status
Active
Size
5,142 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Description
Lot 6 Mann Terrace Pul Cnty
Tax Annual Amount
4208
Legal Description
Lot 6 Mann Terrace Pul Cnty
Building Details
Year built
1973
Floors in Building
2
Listing Agency:
LPT Realty Conway · RE/MAX International
(501) 291-3841
Listed By:
Kelly Thomas
(501) 697-0395
Added: Jun 19
Last Checked: Aug 9 at 1:06PM
MLS# 26024955
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 six-unit multifamily property includes a mix of 1-, 2-, and 3-bedroom units. The building totals just over 5,100 square feet and includes updated HVAC systems. Additional improvements include a newer roof and numerous interior updates.
The property is located on a quiet cul-de-sac in Little Rock, Arkansas, on a lot size of approximately 0.35 acres. The address is 8 Terrace Place, within Pulaski County.
For investors, this configuration supports a diversified apartment mix across multiple unit sizes within a single asset. The combination of updated mechanical systems, roof replacement, and interior updates can help reduce near-term maintenance concerns associated with older multifamily properties. With all units under one ownership structure, an investor or operator can manage tenancy and upgrades as one consolidated building rather than multiple separate properties.
The property is located on a quiet cul-de-sac in Little Rock, Arkansas, on a lot size of approximately 0.35 acres. The address is 8 Terrace Place, within Pulaski County.
For investors, this configuration supports a diversified apartment mix across multiple unit sizes within a single asset. The combination of updated mechanical systems, roof replacement, and interior updates can help reduce near-term maintenance concerns associated with older multifamily properties. With all units under one ownership structure, an investor or operator can manage tenancy and upgrades as one consolidated building rather than multiple separate properties.
Key Highlights
- 6‑unit multifamily property built in 1973
- Over 5,100 SF total building size
- Unit mix includes 1-, 2-, and 3‑bedroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit building offering a mix of 1, 2, and 3-bedroom apartments 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: 6‑unit multifamily property built in 1973; Over 5,100 SF total building size; Unit mix includes 1-, 2-, and 3‑bedroom apartments
