900 3Rd StLittle Rock, AR 72201

Property Details for 900 3Rd St

Year built

1926

Lot size

0.32 AC

Property size (Sq ft)

10,344 SF

Property type

Apartment buildings

Description

This exceptional 15-unit apartment building, located at 900 W 3rd Street in Little Rock, Arkansas, presents a compelling investment opportunity. The property boasts 10,344 square feet on a premium 0.32-acre corner lot at the intersection of W 3rd Street and S Izard Street, placing it in the heart of the Central Business District. Built in 1926, this two-story building features a mix of 14 one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit, offering immediate potential for renovation and leasing. The property includes a dedicated parking lot with 20 surface spaces, providing ample parking for residents (1.52 spaces per unit). Its prime location offers convenient proximity to downtown restaurants, shops, and major employers, including being less than a half-mile walk from the Arkansas State Capitol. The property is zoned UU and potentially qualifies for Historic Tax Credits, presenting further investment advantages. The asking price is $999,000, or $66,600 per unit, with a price per square foot of $96.58. This represents a strong value proposition in a thriving urban core. This is a rare opportunity to acquire a well-situated multifamily property with significant upside potential.

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7475

Longitude

-92.2805

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].