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Two-House Multifamily Property
For Sale
$950,000

904 S Commerce, Little Rock, AR 72202

Fully leased residential income property with two adjacent houses and updated interiors.

Property SizeContact for details
Days on Market98

Property Features for 904 S Commerce

General Information

Standard status Active
Property subtype Multi Family Home
Zoning R-4A CUP
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1910
Buildings 2
Units 11
Listing Agency: Esq. Realty Group
Listed By: Jerry Larkowski
Source: Jcthornton
Added: May 15 Changed: Aug 18 Last Checked: Aug 19 at 3:40PM

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 Esq. Realty Group

Investment Insights

Based on property information with market context.

This multifamily offering includes two adjacent houses conveyed together rather than as separate transactions. The improvements date to 1910 and have received multiple interior updates. The property is fully rented, with residential occupants in place across both homes. Zoning is R-4A CUP.

The property is located at 904 S Commerce in Little Rock, with the second house identified as 415 E 9th. The Arkansas Arts Center is directly across the street. East Village, downtown destinations, SOMA, the law school, and the edge of the River Market are all within a half-mile walk.

Ownership covers water, sewer, and trash service, while tenants are responsible for electric and internet. The two-house configuration, existing occupancy, and central location provide a straightforward multifamily acquisition format.

Key Highlights

  • Two adjacent houses sold together at 904 S Commerce and 415 E 9th
  • Fully rented multifamily property
  • 1910 construction with multiple interior updates

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Store Pet Store & Service Fish Market

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,194
Businesses Nearby

Demographics for 72202, AR

10,340
Population
7,403
Households
1.4
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$54,167
Median Household Income
$42,981
Median Earnings
$1,040
Median Rent
$246,900
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?
Multifamily property - Fully leased residential income property with two adjacent houses and updated interiors.
Where is this multifamily property located?
The property is located at 904 S Commerce Little Rock, AR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two adjacent houses sold together at 904 S Commerce and 415 E 9th; Fully rented multifamily property; 1910 construction with multiple interior updates
More about this property
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