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Contemporary Two-Bedroom Residential Property
For Sale
$315,000

Little Rock, AR 72223, Little Rock, AR 72223

Residential, Traditional, Contemporary, Little Rock, AR

Property Size1,440 SF
Lot Size0.09 Acres
Price / SF$218.75
Days on Market178

Property Features

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Laundry Room, Bedroom 1, Bathroom 1, Bedroom 2
Parking features Garage
Interior features Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Kit Counter-Quartz
Fireplace 1
Appliances Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry
Lot features Level
Subdivision Edgewood
Standard status Active
Size 1,440 SF
Lot size 0.09 Acres

Taxes and HOA fees

HOA Fee $113 Monthly

Amenities

walk-in pantry
central island
built-in fireplace
walk-in shower
walk-in closet
covered back patio

Building Details

Year built 2026
Floors in Building 1
Flooring type Tile, Vinyl
Roof type Shingle
Architectural style Contemporary, Other
Listing Agency: Arkansas Land & Realty, Inc.
Listed By: Anthony Rivera
Added: Apr 15 Changed: Oct 8 Last Checked: Oct 9 at 8:06AM
MLS# 26014895

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 contemporary residential income property is under construction with a planned 1,440-square-foot layout featuring two bedrooms and two full bathrooms. The kitchen includes a central island, quartz counters, a pantry, and a dishwasher, and it opens to the living room with a built-in fireplace. A walk-in closet and shower serve the primary suite. The home also includes a laundry room, floored attic, and covered rear patio accessed from a private drive. A two-car garage provides on-site parking. Fire walls and sound cavities separate each unit. Completion is scheduled for September 2026.

Key Highlights

  • 1,440‑square‑foot layout with 2 bedrooms and 2 full bathrooms
  • Two‑car garage and covered rear patio
  • Kitchen features quartz counters, an island, and a walk‑in pantry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,639
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,780 $232.8K
Cap Rate 7%
$166,271 $166.3K
Cap Rate 9%
$129,322 $129.3K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$22.5K $15.60/SF
− Vacancy
−$1.3K −$0.90/SF
EGI
$21.2K $14.70/SF
− OpEx
−$9.5K −$6.61/SF
NOI
$11.6K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,780
Cap Rate 7%
$166,271
Cap Rate 9%
$129,322

Alternative Uses

Best Use
Apartment 5plus
$166.3K
$145.5K – $194.0K (±1% cap)
NOI $11,639 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.6K
$228.9K – $305.2K (±1% cap)
NOI $18,311 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 72223, AR

25,465
Population
12,279
Households
2.1
Avg Household Size
41
Median Age
66%
College-Educated
98%
High-School Grad
48.5 sq mi
ZIP Area
525
Density / Sq Mi
$99,063
Median Household Income
$62,227
Median Earnings
$1,242
Median Rent
$435,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - The planned layout combines an open kitchen and living area with a private patio and attached two-car garage.
Where is this residential income property located?
The property is located at Little Rock, AR.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,440‑square‑foot layout with 2 bedrooms and 2 full bathrooms; Two‑car garage and covered rear patio; Kitchen features quartz counters, an island, and a walk‑in pantry
More about this property
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