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Updated Duplex
New
For Sale
$159,500

Little Rock, AR 72207, Little Rock, AR 72207

Residential, Traditional, Little Rock, AR

Property Size1,184 SF
Price / SF$134.71
Days on Market2

Property Features

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Great Room
Fireplace 1
Appliances Free-Standing Stove, Microwave, Disposal
Lot features Level
Subdivision Stoneleigh
Standard status Active
Size 1,184 SF

Taxes and HOA fees

Tax Annual Amount 2147
HOA Fee $255 Monthly

Building Details

Year built 1986
Floors in Building 1
Flooring type Laminate, Vinyl
Roof type Composition
Architectural style Other
Listing Agency: Accountable Property Mgmt and Realty
Listed By: Ted Upshaw
Added: Oct 17 Changed: Oct 18 Last Checked: Oct 18 at 3:06PM
MLS# 26042061

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 1,184-square-foot duplex was built in 1986 and has a great room, two bedrooms, and two bathrooms. Improvements include replacement windows except for two, refreshed kitchen cabinetry and counters, new flooring, a new shower, updated light fixtures, and interior paint. The HVAC system and ductwork have also been replaced.

The kitchen includes a freestanding stove, microwave, and disposal. Flooring is vinyl and laminate, and the property has a fireplace and a composition roof.

Key Highlights

  • New HVAC system and ductwork
  • 1,184 square feet; built in 1986
  • Kitchen updates include new cabinets, counters, a freestanding stove, microwave, and disposal

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,807
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,140 $216.1K
Cap Rate 7%
$154,386 $154.4K
Cap Rate 9%
$120,078 $120.1K
Market Conditions
NOI Build-Up for 1,184 SF
Gross rent
$16.3K $13.80/SF
− Vacancy
−$900 −$0.76/SF
EGI
$15.4K $13.04/SF
− OpEx
−$4.6K −$3.91/SF
NOI
$10.8K $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%
$216,140
Cap Rate 7%
$154,386
Cap Rate 9%
$120,078

Alternative Uses

Best Use
Multifamily LT 5
$154.4K
$135.1K – $180.1K (±1% cap)
NOI $10,807 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$136.7K
$119.6K – $159.5K (±1% cap)
NOI $9,570 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$215.1K
$188.2K – $250.9K (±1% cap)
NOI $15,056 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

Demographics for 72207, AR

11,036
Population
5,800
Households
1.9
Avg Household Size
40
Median Age
69%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,904
Density / Sq Mi
$93,958
Median Household Income
$59,658
Median Earnings
$942
Median Rent
$384,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Recent interior and mechanical upgrades include a new HVAC system with ductwork.
Where is this duplex located?
The property is located at Little Rock, AR.
What is the asking price?
The asking price for this property is $159,500.
What are key features of this property?
This property features: New HVAC system and ductwork; 1,184 square feet; built in 1986; Kitchen updates include new cabinets, counters, a freestanding stove, microwave, and disposal
More about this property
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