421 Sierra Madre Drive, North Little Rock, AR 72118

North Little Rock
Local realty services provided by:ERA TEAM Real Estate
421 Sierra Madre Drive,North Little Rock, AR 72118
$138,500
  • - Beds
  • - Baths
  • 1,035 sq. ft.
  • Multi-family
  • Active
Listed by: lisa smith-jones
Office: moore and company realtors - conway
MLS#:26015388
Source:AR_CARMLS

Price summary

  • Price:$138,500
  • Price per sq. ft.:$133.82

About this home

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.

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Home facts

  • Year built:1966
  • Listing ID #:26015388
  • Added:22 day(s) ago
  • Updated:May 10, 2026 at 02:21 PM

Rooms and interior

  • Flooring:Tile, Vinyl, Wood
  • Living area:1,035 sq. ft.

Heating and cooling

  • Cooling:Central Cool-Electric
  • Heating:Central Heat-Gas

Structure and exterior

  • Roof:Composition
  • Year built:1966
  • Building area:1,035 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:In Subdivision, Sloped
  • Architectural Style:Traditional
  • Construction Materials:Frame
  • Foundation Description:Crawl Space
  • Levels:1 Story

Utilities

  • Water:Water-Public
  • Sewer:Sewer-Public

Finances and disclosures

  • Price:$138,500
  • Price per sq. ft.:$133.82
  • Tax amount:$1,066 (2025)

Parking

  • Parking description:Garage, Two Car

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