612 Sherman StLittle Rock, AR 72202

Property Details for 612 Sherman St

Year built

1956

Lot size

0.52 AC

Property size (Sq ft)

13,295 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a fully renovated, 20-unit apartment building in Little Rock's desirable MacArthur Park Historic District. The property, situated on a 0.52-acre lot zoned R4A, comprises three two-story buildings totaling 13,295 square feet. All 20 units are one-bedroom, one-bathroom apartments, offering a consistent and easily managed rental portfolio. Built in 1956, the property benefits from recent renovations, ensuring a turnkey investment. Conveniently located near the vibrant East Village and SoMa entertainment districts, residents enjoy walkability and access to numerous amenities. On-site covered parking is available for some residents. The asking price is $2,190,000, translating to $164.72 per square foot and $109,500 per unit. This property offers a compelling combination of historic charm, modern updates, and a prime location, making it an attractive option for discerning investors seeking a stable and profitable multifamily asset in a thriving Arkansas market. The property's address is 612 Sherman St, Little Rock, AR 72202.

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7416

Longitude

-92.2653

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