421 Sierra Madre Drive, North Little Rock, AR 72118
Local realty services provided by:CENTURY 21 PORTFOLIO
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:1 day(s) ago
- Updated:April 18, 2026 at 02:54 AM
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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