Duplex on a Corner
922 W 21st Street, Little Rock, AR 72206
For Sale
New
$149,900
Multi-Family, Traditional, Little Rock, AR
Property Size1,481 SF
Lot Size0.17 Acres
Price / SF$101.22
Days on Market2
Property Features for 922 W 21st Street
General Information
Property type
Property subtype
Appliances
Subdivision
Lot features
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Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Architectural style
Listing Agency:
Lotus Realty
(501) 515-0904
Listed By:
Melany Barker
(501) 413-7487
Added: Nov 9
Last Checked: Nov 10 at 7:06PM
MLS# 26045081
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.
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Investment Insights
Based on property information with market context.
This duplex contains 1,481 square feet and was built in 1920. The property has vinyl flooring and a composition roof, with a dishwasher listed among its appliances.
The building sits on a corner lot at 922 W 21st Street in Little Rock, Arkansas. The parcel measures 0.17 acres.
The building sits on a corner lot at 922 W 21st Street in Little Rock, Arkansas. The parcel measures 0.17 acres.
Key Highlights
- Duplex on a 0.17‑acre corner lot
- 1,481‑square‑foot building
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,518
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,360
$270.4K
Cap Rate 7%
$193,114
$193.1K
Cap Rate 9%
$150,200
$150.2K
Market Conditions
NOI Build-Up for 1,481 SF
Gross rent
$20.4K $13.80/SF
− Vacancy
−$1.1K −$0.76/SF
EGI
$19.3K $13.04/SF
− OpEx
−$5.8K −$3.91/SF
NOI
$13.5K $9.13/SF
Area
Little Rock, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,360
Cap Rate 7%
$193,114
Cap Rate 9%
$150,200
Alternative Uses
Best Use
Multifamily LT 5
$193.1K
$169.0K – $225.3K
NOI $13,518 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$171.0K
$149.6K – $199.5K
NOI $11,970 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$269.0K
$235.4K – $313.9K
NOI $18,833 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
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Business Placement
Demographics for 72206, AR
22,974
Population
10,080
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
111.6 sq mi
ZIP Area
206
Density / Sq Mi
$49,145
Median Household Income
$35,157
Median Earnings
$910
Median Rent
$132,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Little Rock, AR
Properties on Market for Duplexes in Little Rock
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units occupy a 0.17-acre parcel in Little Rock.
Where is this duplex located?
The property is located at 922 W 21st Street Little Rock, AR.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Duplex on a 0.17‑acre corner lot; 1,481‑square‑foot building; Built in 1920
