For Sale
$999,900

418 15Th St Little Rock, AR 72202

Six-unit multifamily, fully renovated.

Overview

Added:
Dec 11, 2024
Days on market:
137
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.

Highlights

  • Two-story, historic multifamily building on a corner lot in Little Rock's SoMa neighborhood.
  • Two furnished short-term rental units (furniture included) and four traditional long-term rental units.
  • Hardwood floors, new HVAC systems, and electric heating/cooling throughout.
  • Four dedicated parking spaces.
  • Located in the walkable SoMa neighborhood.

Property Details for 418 15Th St

Property type
Apartment buildings
Square Feet
3,768 SF
Year Built/Renovated
1956/2023
Stories
2
Lot Size (sq. ft)
9,148 SF
Units
6

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.7339199
Longitude
-92.2685866

FAQs

What type of property is this?
Apartment building - Six-unit multifamily, fully renovated.
Where is the apartment building located?
The property is located at 418 15Th St Little Rock, AR.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Two-story, historic multifamily building on a corner lot in Little Rock's SoMa neighborhood.; Two furnished short-term rental units (furniture included) and four traditional long-term rental units.; Hardwood floors, new HVAC systems, and electric heating/cooling throughout.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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418 15Th St
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