Back to Search
Duplex Income Property

813 Wright Avenue Little Rock, AR 72206

813 Wright Avenue, Little Rock, AR, 72206
$179,000
For Sale
Claim this Listing
$179,000

MULTI_FAMILY - Little Rock, AR

Property Size1,790 SF
Lot Size0.17 Acres
Price / SF$100
AddedJul 6
Days on Market9
Last RefreshJul 14 at 3:06 pm

Property Features for 813 Wright Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Patio and Porch features
Porch
Interior features
Washer Connection, Dryer Connection-Gas, Hot Water Heater-Gas
Exterior features
Covered, Porch
Appliances
Free-Standing Stove, Gas Range, Free-Standing Stove, Gas Range
Standard status
Active
Size
1,790 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Description
Lot 1 Block 11
Tax Annual Amount
1154

Building Details

Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Tile
Roof type
Composition
Architectural style
Other

Listing agent Rebecca Finney

Listing office Keller Williams Realty 12814 Cantrell Road, Little Rock, AR

Listing date Jul 6, 2026

MLS# 26027415 Listing URL

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 duplex offers two separate units within a compact lot size of 0.17 acres, totaling 1,790 square feet. According to the seller, they received $1,150 per month for 815 Wright through HUD and $975 for 813 Wright, which was non-subsidized. The property’s windows have been replaced.

The asset is located at 813 Wright Avenue in Little Rock, AR 72206, in Pulaski County.

The reported rent levels indicate two separate income streams, and the window replacement is a concrete exterior improvement already completed.

Key Highlights

  • Year built 1950
  • Windows have been replaced
  • Gas hot water heater and washer connection

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $24.7k $13.80
− Vacancy −$1.4k −$0.76
EGI $23.3k $13.04
− OpEx −$7.0k −$3.91
NOI $16.3k $9.13
1,790 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$233.4K
$204.2K – $272.3K (±1% cap)
NOI $16,339 @ 7.0% cap · market cap 9.13%
Second Best
Apartment 5plus
$206.7K
$180.8K – $241.1K (±1% cap)
NOI $14,467 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$325.2K
$284.5K – $379.4K (±1% cap)
NOI $22,762 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Computer & Electronic Repair Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit income duplex; current/previous rents reported at $1,150 and $975 per month, and windows have been replaced.
Where is this duplex located?
The property is located at 813 Wright Avenue Little Rock, AR.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Year built 1950; Windows have been replaced; Gas hot water heater and washer connection
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message