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Listing provided courtesy of Moore and Company Realtors - ConwayMLS# 26015388MLS Provider
  • 74 days on site
  • 0 views

INVESTOR OPPORTUNITY! Duplex with one unit leased at $600/month (month-to-month) and one unit vacant—ready for a new tenant. Each unit is approximately 500 sq ft (1,000 sq ft total) with garage and off-street parking. Tenants pay all utilities and handle lawn care for low-maintenance ownership. Recent updates include new gas water heaters, updated plumbing and electrical, and HVAC units approximately 4 and 6 years old. Roof is approximately 10 years old. Refrigerator and stove convey; washer/dryer belong to tenant. Current annual income is $14,400 with projected rents of $600&$650 per unit. Taxes approx. $1,066/year and insurance approx. $1,200/year. Estimated CAP RATE approximately 7%&8% based on projected rents and typical expenses.

Source: CARMLS Little Rock MLS, MLS#: 26015388

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  • Property Type
    Residential Income
  • Lot
    0.18 acres

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Linda O'Brien

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 421 Sierra Madre Drive

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/7/2026Source: CARMLS Little Rock MLS Status Change
Active
6/1/2026Source: CARMLS Little Rock MLS Price Reduction
$130,000 -6.1%
6/1/2026Source: CARMLS Little Rock MLS Status Change
Price Change
4/23/2026Source: CARMLS Little Rock MLS Status Change
Active
4/17/2026Source: CARMLS Little Rock MLS Added to Database
April 17, 2026