Residential Income Property with
For Sale
$315,000
Little Rock, AR 72223, Little Rock, AR 72223
Residential, Contemporary, Traditional, Little Rock, AR
Property Size1,440 SF
Lot Size0.09 Acres
Price / SF$218.75
Days on Market9
Property Features
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 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
Dishwasher, Disposal, Free-Standing Stove, Microwave, 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
chef's kitchen
built-in fireplace
spa-like bathroom
covered patio
Building Details
Year built
2026
Floors in Building
1
Flooring type
Vinyl, Tile
Roof type
Shingle
Architectural style
Contemporary, Other
Listing Agency:
Arkansas Land & Realty, Inc.
(501) 910-1111
Listed By:
Anthony Rivera
(501) 580-8681
Added: Oct 22
Changed: Oct 29
Last Checked: Oct 30 at 10:06AM
MLS# 26042598
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.
Under construction in Little Rock, this 1,440-square-foot residence is planned with 2 bedrooms and 2 full bathrooms on a 0.09-acre lot. The kitchen includes a quartz counter, island, pantry, dishwasher, disposal, stove, and microwave. A fireplace anchors the living room, while the primary bedroom features vaulted ceilings, a walk-in closet, and a walk-in shower. The home also has a laundry room, floored attic, two-car garage, and covered rear patio. Completion is scheduled for September 2026.
The unit is part of Edgewood, a community in West Little Rock. Lawn maintenance is included with yearly fees. Fire walls and sound cavities separate the units. Flooring is vinyl and tile, and the roof is shingle.
The unit is part of Edgewood, a community in West Little Rock. Lawn maintenance is included with yearly fees. Fire walls and sound cavities separate the units. Flooring is vinyl and tile, and the roof is shingle.
Key Highlights
- 1,440 square feet on a 0.09‑acre lot
- 2 bedrooms and 2 full bathrooms
- Kitchen with quartz counter, island, walk‑in pantry, dishwasher, disposal, stove, and microwave
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
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
NOI $18,311 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Residential income property - This two-bedroom, two-bathroom residence is under construction in the Edgewood community.
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 feet on a 0.09‑acre lot; 2 bedrooms and 2 full bathrooms; Kitchen with quartz counter, island, walk‑in pantry, dishwasher, disposal, stove, and microwave
