421 Sierra Madre Drive North Little Rock, AR $ 138,500
421 Sierra Madre Drive
$ 138,500
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421 Sierra Madre Drive

North Little Rock, AR, 72118
$ 138,500
Baths0.0 Sq 1,035

Monthly Estimate*

$ 853

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Studio

Multi-Family Home for sale in North Little Rock, AR

for $138,500. This 1,035 square foot home was built in 1966 on a lot size of 0.18.

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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Multi-Family Active

Price

$ 138,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,066

Style

Traditional

Lot Size

0.18

Year Built

1966

Town/City

North Little Rock

County/Region

Pulaski

MLS | Web ID

26015388

Features
General
Heating Central Cool-Electric Central Heat-Gas
Utilities Electric-Municipal Gas-Natural Sewer-Public Water-Public
Roof Composition
Garage Garage Two Car
Zoning MF
Year Built 1966
Tenant Pays All Utilities
Subdivision High Sierra AR
Style Traditional
Stories Count One Story
County Pulaski
Class Multi-Family
Type Duplex
Tax Year 2025
Inside City Limits Yes
Status New Listing
Sale/Rent For Sale
Status Detail 1
Docs on File Property Disclosure
Primary City North Little Rock
Directions From Interstate 40 take the Arkansas Highway 365 exit toward Pike Ave. Head north on Pike Ave turn right onto Sierra Madre Drive and continue to 421 on the right.
City North Little Rock
DOM 1
Postal Code 72118
Price Per Sq Ft Total AG 133.82
Public Remarks 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
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Exterior
Exterior Frame
Road Surface Paved
Foundation Crawl Space
Lot Size Area 0.18
Lake No
Lot Dimensions 7841 square feet
Lot Sloped In Subdivision
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Interior
Floors Tile Vinyl Wood
Total Number of Units 2
1 Bed Units 2
2 Bed Units 0
3 Bed Units 0
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* Excluded Features
List By
Lisa Smith-Jones

Listing Agent

Moore And Company Realtors - Conway

Broker

lisasmithjonesrealtor@gmail.com

Email

Affordability Calculator

$942
Per Month
91%
9%
0%
Monthly Principal & Interest
$853
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$138,500 Listed Price

Map


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421 Sierra Madre Drive, North Little Rock, AR, 72118 is a Multi-Family Home for sale at $138,500 with 1,035 sqft and a lot size of 0.18. 421 Sierra Madre Drive is a studio with 0.0 baths and was built in 1966. The property's zip code is 72118 which is in North Little Rock, AR