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3409 W Markham Street

Little Rock, AR 72205
  • $1,050,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 154882
UPDATED: 22 min ago
$1,050,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:
Area:

School Ratings & Info

School District:

Description

GREAT INVESTMENT OPPORTUNITY!!! Positioned in one of Little Rock’s most sought-after neighborhoods, this 10-unit apartment building offers investors a compelling blend of current income and future upside. The property has undergone recent updates, including fresh paint and a full replacement of the rear deck, reducing near-term capital expenditure needs. The property features a strong unit mix of 2 one-bedroom units and 8 two-bedroom, 1-bath units, offering broad rental appeal across a range of tenants. With tenants responsible for utilities, ownership benefits from improved operating efficiency and expense control. Located just minutes from downtown Little Rock, UAMS, top dining destinations, and the Little Rock Zoo, the property is well-positioned to attract and retain tenants in a high-demand rental corridor. This is a rare opportunity to acquire a character-rich asset with value-add potential in a prime infill location. Note: Property is not located within a historic district.

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www.lakehamiltonlakehomes.com/homes/174968486
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3409 W Markham Street Little Rock, AR 72205

  • Price: $1,050,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 22 min ago
  • MLS #: 154882
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1928
Built
Neighborhood:
Taylor
County:
Pulaski
Area:
Pulaski
School District:
Little Rock
Property Description
GREAT INVESTMENT OPPORTUNITY!!! Positioned in one of Little Rock’s most sought-after neighborhoods, this 10-unit apartment building offers investors a compelling blend of current income and future upside. The property has undergone recent updates, including fresh paint and a full replacement of the rear deck, reducing near-term capital expenditure needs. The property features a strong unit mix of 2 one-bedroom units and 8 two-bedroom, 1-bath units, offering broad rental appeal across a range of tenants. With tenants responsible for utilities, ownership benefits from improved operating efficiency and expense control. Located just minutes from downtown Little Rock, UAMS, top dining destinations, and the Little Rock Zoo, the property is well-positioned to attract and retain tenants in a high-demand rental corridor. This is a rare opportunity to acquire a character-rich asset with value-add potential in a prime infill location. Note: Property is not located within a historic district.
Exterior Features

Exterior BrickFrame Exterior Features Porch Lot Extra LandscapingLevel Roof Composition

Interior Features

Ceiling Sheet Rock Floors Wood Garage Parking Pads Interior Features Dryer Connection-ElectricFan-Ceiling Kitchen Equipment Electric RangeFree-Standing StoveRefrigerator Stays Stories Two Story Walls Sheet Rock

Property Features

1br Number Of Units 2 2br Number Of Units 8 3br Number Of Units 0 Annual Expenses 32382 Annual Income 107940 Approx Lot Size 13067 sqft Estimated Annual Taxes 9443 Expenses Include TaxesInsuranceManagementPest Control Possession Subject to Tenancy Road Surface Paved Sale Rent For Sale Style Colonial Tax Year 2025 Tenant Expenses All Utilities Type Apartment Utilities Electric-EntergyGas-NaturalSewer-PublicWater-Public Warranty As-IsPrsnt Cnd at Clsng Will Subdivide YN No

 
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Rachelle McClard | Lake Homes Realty
250 Ledgerwood Rd Apt 15
Hot Springs AR, 71913