1 month on rocket

2020 W 3rd St, Little Rock, AR, 72205

$2,700,000

0 Baths
31,800 SqFt
$85/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingFour Car or More
Garage4 spaces
Year Built1971
CoolingWindow Unit(s), Mini Split Heat/Cool
MLS #24040477
Lot Size0.89 Acres
StatusActive

About 2020 W 3rd St

The Executive Building—a remarkable redevelopment opportunity in the heart of Little Rock, Arkansas. Formerly offering six stories of diverse office and retail spaces, this prime property is being strategically reimagined to meet the surging demand for multifamily housing. The shift will transform the existing commercial layout into 28 vibrant residential units, providing an attractive investment for those eager to capitalize on the strength and stability of the multifamily sector. This unique value-add project will enhance the property’s potential, with 28 Units positioned for tasteful renovations to align with the refined lifestyle and convenience today’s renters seek, and 63 self-storage units to maximize your potential income. See the attached Offering Memorandum (Future Rent Numbers, Renovation Budget, Floor Plan) **See Agent Remarks For Showing Instructions** Disclaimer: Information provided is for general purposes only. All details, including square footage, unit sizes, and renovation plans, are close approximations, with no guarantees regarding accuracy. The agent/broker makes no representations or warranties, expressed or implied, regarding the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1971
  • Living Area: 31,800 SqFt

Listing Office:

  • Office Name: Capital Real Estate Advisors
  • Office Phone: (501) 420-4097
  • Listing Agent: Sergio Convers

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Concrete, Tile, Laminate, Luxury Vinyl
  • Interior: Hot Water Heater-Electric, Security System, Elevator, Video Surveillance

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Four Car or More

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s), Mini Split Heat/Cool

Other

Directions Information:

  • Directions: I-630 to Broadway North to West 3rd, turn left to S Summit. Building on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,700,000
  • Price Per SqFt: $85/SqFt

Tax Information:

  • Annual Amount: $26,250
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Little Rock, AR.

Med. Sold Price

$257.5K

Med. Price/SqFt

$139

# of Sold Homes

173

2020 W 3rd St vs Little Rock

42 DAYS ON ROCKET

$2,700,000

+$2.4M More

$85/SqFt

-$54 Less

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price and $54/SqFt less than other homes in Little Rock, AR.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #24040477

Listing Office:

  • Office Name: Capital Real Estate Advisors
  • Office Phone: (501) 420-4097
  • Listing Agent: Sergio Convers

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2005Home Sold
$1,500,000

Tax History

YEARPROP. TAXASSESSMENT
2021$26,250$375,000
2020$17,892$375,000
2019$17,892$255,600
2018 - $255,600

History based on county public records data.

Payment Calculator

$13.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,161

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-36
1
/10
  • M.L. King Elementary School

  • 907 Dr Martin Luther King Dr

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-37
5
/10
  • Gibbs Magnet Elementary School

  • 1115 W 16th St

  • 1.13 miles

  • Public Magnet Grades PK-5

school-card-donut-38
5
/10
  • Pulaski Heights Elementary School

  • 319 N Pine St

  • 1.27 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,324. Residents of Little Rock, AR typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2020 W 3rd St

What is the listing price of this property?

The listing price of 2020 W 3rd St property is $2,700,000.

What type of property is this?

The property 2020 W 3rd St is a condo located in Little Rock, Arkansas, 72205.

Is this property for sale now?

Active Listing: 2020 W 3rd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $26,250 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 5, 2005 for $1,500,000. (source: MLS/tax record).

What is the square footage of this property?

The property 2020 W 3rd St is 31,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2020 W 3rd St is 1971.
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Rocket HomesArkansasPulaski CountyLittle Rock722052020 W 3rd St

This home is located at 2020 W 3rd St in Little Rock, AR and zip code 72205 in the Capitol View - Stifft Station neighborhood. This 31,800 square foot home, which was built in 1971, sits on a 0.89 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $2,700,000.

In November 2024 more than 23 listings in Little Rock, AR were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 86 were sold below. The number of listings in Little Rock, AR increased by 0.4% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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