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    Triplex and Duplex Income Property Title is generated by Realmo AI

    915 N Garfield Street, Little Rock, AR 72207

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    Claim this Listing
    New
    For Sale
    $650,000

    MULTI_FAMILY - Little Rock, AR

    Type:Apartment
    Property size:
    4,500 SF
    Lot size:
    0.59 Acres
    Price / SF:
    $144/SF
    Added:
    Jul 1, 2026
    Days on Market:
    5
    Last Refresh:
    Jul 5 at 11:06 pm

    Property Features for 915 N Garfield Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Appliances
    Free-Standing Stove, Free-Standing Stove
    Standard status
    Active
    Size
    4,500 SF
    Lot size
    0.59 Acres

    Taxes and HOA fees

    Tax Description
    Lot A, Block 16
    Tax Annual Amount
    3710

    Building Details

    Year built
    1961
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Vinyl, Wood
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    David Sutton
    David Sutton

    Listing agent David Sutton License #SA00077625

    Listing office LPT Realty 11324 Arcade Drive Suite 22 & 23, Little Rock, AR

    Listing date Jul 1, 2026

    MLS# 26026498 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.

    HighLights

    • Triplex and duplex on the same property
    • Triplex includes two 2‑bedroom, 1‑bath units
    • Duplex includes two 1‑bedroom, 1‑bath units
    • Rented as short‑term rentals
    • Year built: 1961
    • Roof: shingle; flooring includes vinyl and wood

    Overview

    Located at 915 N Garfield Street, this income property combines a triplex and a duplex on the same site with shared parking. The triplex includes two units with 2 bedrooms and 1 bathroom each, while the duplex provides 1-bedroom, 1-bath accommodations. Total property size is listed at 4,500 square feet on a 0.59-acre lot.

    The listing notes that both the triplex and duplex are under the same parking area, with units described as being on the same property. Because the property is currently being rented short term, scheduling access is coordinated to ensure prospective visitors are directed to the correct vacant units.

    This setup can fit buyers and operators looking for a small multi-unit portfolio with a two-unit mix of layouts. With 2-bedroom/1-bath units in the triplex and 1-bedroom/1-bath units in the duplex, the property provides differing unit sizes within one ownership. Showings require 48 hours’ notice, and access is subject to identifying the appropriate vacant unit(s) during the short-term rental operating schedule.

    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 $62.1k $13.80
    − Vacancy −$3.4k −$0.76
    EGI $58.7k $13.04
    − OpEx −$17.6k −$3.91
    NOI $41.1k $9.13
    4,500 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $586.8K
    $513.4K – $684.6K (±1% cap)
    NOI $41,075 @ 7.0% cap · market cap 6.32%
    Second Best
    Apartment 5plus
    $519.6K
    $454.6K – $606.2K (±1% cap)
    NOI $36,371 @ 7.0% cap · market cap 5.60%
    Theoretical Best
    Office A
    $817.5K
    $715.3K – $953.7K (±1% cap)
    NOI $57,223 @ 7.0% cap · market cap 8.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Auto Repair Shop Electrical Service Furniture & Home Goods Nursing Home Home Appliance Store Travel Agency Kitchen & Bath Showroom Car Rental Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.341681
    Latitude
    34.759988

    FAQs

    What type of property is this?
    Triplex - Two structures on one parcel offer a mix of 2-bedroom and 1-bedroom units for income-focused ownership.
    Where is this triplex located?
    The property is located at 915 N Garfield Street Little Rock, AR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Triplex and duplex on the same property; Triplex includes two 2‑bedroom, 1‑bath units; Duplex includes two 1‑bedroom, 1‑bath units
    More about this property
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