206 Park St, Little Rock, AR 72205
This exceptional investment opportunity presents a nearly quarter-acre lot in Little Rock's Historic District, boasting rear alley access. The property, located at 206 S Park St, Little Rock, AR 72205, is zoned for a duplex, offering significant potential for development or renovation. The current structure presents a chance to create a highly desirable multifamily property in a prime location. The 0.24-acre lot provides ample space for expansion or landscaping, enhancing the property's appeal and value. Situated in Pulaski County, this property benefits from its convenient location within the vibrant Historic District, offering easy access to local amenities, businesses, and cultural attractions. The asking price of $75,000 represents a compelling value for a property with this much potential in a sought-after area. The property's zoning allows for the construction of a duplex, doubling the potential rental income and maximizing the return on investment. This is a rare opportunity to acquire a well-situated property in a thriving Arkansas market, ideal for both seasoned investors and those looking to enter the real estate market. Don't miss this chance to own a piece of Little Rock's rich history and promising future.
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.