421 Sierra Madre Drive, North Little Rock, AR 72118
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421 Sierra Madre Drive, North Little Rock, AR 72118
421 Sierra Madre Drive, North Little Rock, AR 72118
421 Sierra Madre Drive, North Little Rock, AR 72118
421 Sierra Madre Drive, North Little Rock, AR 72118
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421 Sierra Madre Drive North Little Rock, AR 72118

1,035 SqFt


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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,035 sqft

Price per Sqft $133

Subdivision High Sierra

MLS Listing ID 26015388

Style Traditional

Year Built 1966

Annual Tax Amount $1,066

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Duplex

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.

Location

State AR

County Pulaski

Area North Little Rock (West/Crystal Hill)

Zoning MF

Rooms

Kitchen Free-Standing Stove, Surface Range, Refrigerator-Stays

Interior

Heating Central Cool-Electric, Central Heat-Gas

Flooring Tile, Vinyl, Wood

Equipment Free-Standing Stove, Surface Range, Refrigerator-Stays

Exterior

Parking Features Garage, Two Car

Utilities Available Electric-Municipal, Gas-Natural, Sewer-Public, Water-Public

Roof Type Composition

Building

Lot Description Sloped, In Subdivision

Foundation Crawl Space

New Construction No


Listed by Moore and Company Realtors - Conway • Lisa Smith-Jones

NEARBY SCHOOLS & PROPERTIES

Chrystal Nave

Chrystal Nave

Agent | License ID: SA00072210

+1(501) 455-1455

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421 Sierra Madre Drive