11223 Morningside Drive
Shannon Hills, AR, 72103 $ 1,400,000
Bedrooms21 Baths9.0 Sq 9,323 Monthly Estimate*
$ 9,669
for $1,400,000 with 21 bedrooms and 9 full baths. This 9,323 square foot home was built in 1972 on a lot size of 0.35.
Turnkey investment opportunity featuring eight occupied single-family rental homes offered as one package: 11223 Morningside Dr., Mabelvaleâ3 BR, 1.5 BA, 1,344 SF; 10025 Wilderness Rd.â3 BR, 2 BA, 1,547 SF; 6804 Fairfield Dr.â3 BR, 1 BA, 1,142 SF; 10 Portsmouth Dr.â2 BR, 1.5 BA, 900 SF; 4121 Arapaho Trl.â2 BR, 1.5 BA, 1,444 SF; 7500 Redwood Dr.â3 BR, 1 BA, 884 SF; 3601 Lilac Ter.â3 BR, 1 BA, 988 SF; and 14819 Arch St.â2 BR, 1 BA, 1,074 SF. All properties except Morningside are in Little Rock. The portfolio totals 21 bedrooms, 10.5 bathrooms and approximately 9,323 SF. Seller reports potential for future income growth as leases renew, subject to lease terms, required notices, housing-assistance guidelines and applicable law. Four homes participate in housing-assistance programs. Professionally managed. Several homes were renovated in 2017, 2022 or 2023, with approximately $139,000 in reported repairs and improvements. Several long-term tentants/leases extend into 2027, providing established income from day one. No reported HOA/POA fees or owner-paid monthly utilities. Package sale only; seller will not divide. Do not disturb tenants. Buyer to verify all information.
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FeaturesInteriorInterior Amenities Washer Connection Dryer Connection-Gas Dryer Connection-Electric Hot Water Heater-Gas Hot Water Heater-Electric Smoke Detector Other (see remarks) Closet - Walk In
Floors Tile Vinyl Luxury Vinyl
Total Number of Units 8
1 Bed Units 0
2 Bed Units 3
3 Bed Units 5
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GeneralHeating Central Cool-Gas Central Cool-Electric No Cooling Central Heat-Gas Central Heat-Electric Central Heat-Woodburning Space Heater-Gas Space Heater-Electric
Utilities Sewer-Public Water-Public Electric-Municipal Electric-Co-op Gas-Natural Gas-Propane/Butane
Roof Architectural Shingle
Garage Garage Carport Parking Pads Two Car Three Car None
Zoning 0
Year Built 1972
Tenant Pays All Utilities
Subdivision Hollywood Heights AR
Style Traditional Contemporary
Stories Count One Story
County Saline
Class Multi-Family
Type PKG Single Family
Tax Year 2024
Inside City Limits No
Status Active
Sale/Rent For Sale
Status Detail 0
Docs on File Appraisal Boundary Survey Legal Description Leases None
Energy Features Insulated Windows Insulated Doors Attic Vent-Electric Other (see remarks)
Primary City Shannon Hills
Virtual Tour http://n
Directions https://maps.app.goo.gl/ecg1BNb1G9Q8jLvp7
City Shannon Hills
DOM 45
Postal Code 72103
Price Per Sq Ft Total AG 150.17
Public Remarks Turnkey investment opportunity featuring eight occupied single-family rental homes offered as one package: 11223 Morningside Dr. Mabelvaleâ3 BR 1.5 BA 1 344 SF; 10025 Wilderness Rd.â3 BR 2 BA 1 5
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ExteriorExterior Brick Frame Brick & Frame Combo Metal/Vinyl Siding Other (see remarks)
Exterior Amenities Fully Fenced Partially Fenced Storage Building Guttering Patio Covered Porch
Road Surface Paved
Foundation Slab Slab/Crawl Combination
Lot Size Area 0.35
Lot Dimensions 85x180
Lot Sloped Level Zero Lot Line Rural Property In Subdivision Not in Subdivision Will Subdivide Lake View Common to Lake
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* Excluded FeaturesList ByMadison RalphListing Agent
madison@sellingluxuryar.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,669
- Monthly Property Taxes
- $94
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Shannon Hills, AR
Average List Price $1,400,000
Percent of Sale Price 0%
About Shannon Hills, AR 3,891 Population
35% Since 2002
$ 54,048 Median Income
37.93 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/9/2026 | $1,400,000 | | Listed Price |