612 Sherman St Little Rock, AR 72202
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.