Property summary
This exceptional investment opportunity presents a meticulously renovated, two-story apartment building situated on a 0.21-acre corner lot in Little Rock's vibrant SoMa neighborhood. Built in 1956 and completely renovated in 2023, this 3,768 square foot property boasts six units, offering a compelling blend of short-term and traditional rental options. Two units are fully furnished and equipped for short-term rentals, with all furniture included in the sale, while the remaining four units are designed for traditional long-term leases. The property features hardwood flooring throughout, brand new HVAC systems ensuring year-round comfort, and electric heating and cooling for efficient operation. Four dedicated parking spaces provide ample convenience for residents. The asking price is $999,900, translating to $265.37 per square foot and $166,650 per unit. This prime location offers easy access to the area's amenities and attractions, making it an ideal investment for both seasoned and aspiring real estate investors. The building's historic charm combined with its modern updates creates a highly desirable rental property in a sought-after urban setting. Don't miss this chance to acquire a profitable and well-maintained multifamily complex in a thriving Little Rock neighborhood.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Little Rock market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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