612 Sherman St Little Rock, AR 72202
- Apartment buildings
- 13,295 SF
- 0.52 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 612 Sherman St
- Year built
- 1956
- Lot size
- 0.52 lot acres
- Property size
- 13,295 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a fully renovated, 20-unit apartment building in Little Rock's desirable MacArthur Park Historic District. The property, situated on a 0.52-acre lot zoned R4A, comprises three two-story buildings totaling 13,295 square feet. All 20 units are one-bedroom, one-bathroom apartments, offering a consistent and easily managed rental portfolio. Built in 1956, the property benefits from recent renovations, ensuring a turnkey investment. Conveniently located near the vibrant East Village and SoMa entertainment districts, residents enjoy walkability and access to numerous amenities. On-site covered parking is available for some residents. The asking price is $2,190,000, translating to $164.72 per square foot and $109,500 per unit. This property offers a compelling combination of historic charm, modern updates, and a prime location, making it an attractive option for discerning investors seeking a stable and profitable multifamily asset in a thriving Arkansas market. The property's address is 612 Sherman St, Little Rock, AR 72202.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2653
- Latitude
- 34.7416
