$138,500

421 Sierra Madre Drive, North Little Rock, AR 72118

  • 1,035 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $134/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
April 17, 2026
Data Last Updated:
May 20, 2026 at 5:10AM
Listing Office:
Moore and Company Realtors - Conway : 501-358-6762
Listing Agent:
Lisa Smith-Jones : 501-339-5024
MLS ID:
26015388
  • Kitchen: Free-Standing StoveSurface RangeRefrigerator-Stays
  • Flooring: TileVinylWood
  • General: Frame
  • Style: Traditional
  • Roofing: Composition
  • General: One StoryCrawl Space
  • Road/Access: Paved
  • County: Pulaski
  • Zoning: MF
  • Utilities: Sewer-PublicWater-PublicElectric-MunicipalGas-Natural

This listing courtesy of Lisa Smith-Jones , Moore and Company Realtors - Conway

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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