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$ 335,000
Est. payment /mo
Price Dropped by $5K
11005 Mara Lynn Road Little Rock, AR 72211
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $95
Subdivision Beverly Hills
MLS Listing ID 26002392
Style Traditional
Year Built 1970
Annual Tax Amount $4,055
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Fourplex
Property Description
Fully leased and cash-flowing 4-plex featuring four 2BR/1BA units with all tenants paying their own utilities. Strong investment opportunity with attractive DSCR financing potential. Whether you're looking for a pure investment property or an owner-occupied opportunity, this property offers flexibility and solid income performance. Live in one unit while the other three help offset your mortgage, or continue operating it as a fully leased rental property. Based on current DSCR financing scenarios, the property supports approximately a 1.35 DSCR with 20% down on a 7% fixed 30-year loan, increasing to approximately 1.42 with 25% down and 1.50 with 30% down. Conveniently located near shopping, dining, and everyday amenities. Please see Showing Remarks for showing instructions.
Location
State AR
County Pulaski
Area Little Rock
Zoning apartments
Rooms
Kitchen Free-Standing Stove
Interior
Heating Central Cool-Electric, Central Heat-Gas
Flooring Vinyl
Equipment Free-Standing Stove
Exterior
Parking Features Parking Pads
Utilities Available Sewer-Public, Water-Public
Roof Type Architectural Shingle
Building
Lot Description Level
Foundation Crawl Space
New Construction No
Listed by River Rock Realty Company • Jamie M Hoffman