$1,395,000
PENDING

Estimated payment $8,515/month

Total Views 4,903
20 Beds
10 Baths
13,468 Sq Ft
$104 Price per Sq Ft

Highlights

  • Multiple Garages
  • 0.54 Acre Lot
  • Luxury Vinyl Tile Flooring
  • Central High School Rated A
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

Excellent investment opportunity in the heart of Midtown / Reservoir / close to UAMS, Park Plaza, and central Little Rock amenities. This well-maintained 16-unit apartment complex consists of all 2-bedroom, 1-bath units, each updated with modern finishes, consistent interior upgrades, and reliable existing tenancy. The property has strong current occupancy, updated interiors, and low-maintenance exterior improvements — perfect for an investor seeking stable cash flow with potential for additional upside. Total Units: 16 Unit Mix: All 2 Bed / 1 Bath Interior Updates: Newer interior paint throughout Vinyl plank flooring in every unit Refrigerator, dishwasher, and electric stove in all apartments Exterior Improvements: Building recently painted Clean, well-maintained grounds

Listing Agent

Brian Lasley

The Lasley Company Listed on: 12/11/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,035

Year Built

  • Built in 1974

Lot Details

  • 0.54 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 13,468 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Window Treatments
  • Luxury Vinyl Tile Flooring
  • Attic Ventilator

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Parking

  • Multiple Garages
  • Parking Pad

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 16 Units
  • Property managed by The Lasley Company

Listing and Financial Details

  • Assessor Parcel Number 43L1840000200

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,035

Year Built

Built in 1974

Lot Details

0.54 Acres

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 12/11/2025
  • Road Surface: Paved
  • Street Designation: Drive
  • Third Party Exports: Daily Record
  • Type: Apartments
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: Multi Fami
  • Source Of Sq Ft: Tax Records
  • Property Manager: The Lasley Company
  • Estimated Year Built: 1974
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Floors: Luxury Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Hot Water Heater-Electric, Window Treatments
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Composition
  • Exterior Features: Dumpster

Garage/Parking

  • Garage/Parking: Parking Pads, Four Car Or More

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Tv-Cable
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Property Manager Phone: 5019755550

Lot Info

  • Estimated Lot Size: 0.54
  • Estimated Lot Size: 23,943
  • Lot: Level, Cleared, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 43L1840000200

Green Features

  • Energy Features: Attic Vent-Turbo

Rental Info

  • Lease Type: Yearly

Multi Family

  • Tenant Expenses: Electric
  • Maximum Rent Two Bedroom: 800
  • Minimum Rent Two Bedroom: 675
  • Number Of One Bathroom Unitss: 16
  • Number Of Two Bedroom Units: 16
  • Number Units: 16

Tax Info

  • Annual Taxes: 16035
  • Year: 2025

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,036 $229,080 $24,363 $204,717
2024 $14,683 $229,080 $24,363 $204,717
2023 $14,683 $229,080 $24,363 $204,717
2022 $13,460 $229,080 $24,363 $204,717
2021 $12,323 $174,800 $24,360 $150,440
2020 $11,135 $174,800 $24,360 $150,440
2019 $10,340 $174,800 $24,360 $150,440
2018 $9,545 $174,800 $24,360 $150,440
2017 $8,749 $174,800 $24,360 $150,440
2016 $7,954 $113,630 $24,120 $89,510
2015 $7,965 $113,630 $24,120 $89,510
2014 $7,965 $113,630 $24,120 $89,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2026 01/24/26 Pending -- -- --
12/11/2025 12/11/25 For Sale $1,395,000 0.0% $104 / Sq Ft
05/01/2020 05/01/20 Rented $600 0.0% --
04/06/2020 04/06/20 For Rent $600 +4.3% --
01/09/2017 01/09/17 Rented $575 0.0% --
01/09/2017 01/09/17 Under Contract -- -- --
10/03/2016 10/03/16 For Rent $575 -- --
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25048702

Cooperative Arkansas REALTORS® MLS
Your Personal Tour Guide

Ask me questions while you tour the home.