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.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
M.L. King Elementary School
907 Dr Martin Luther King Dr
Distance between this listing and this school0.61 miles
Public District Grades PK-5
5
/10
Gibbs Magnet Elementary School
1115 W 16th St
Distance between this listing and this school1.13 miles
Public Magnet Grades PK-5
5
/10
Pulaski Heights Elementary School
319 N Pine St
Distance between this listing and this school1.27 miles
Public District Grades KG-5
Nearby Schools
3
/10
Dunbar Magnet Middle School
1100 Wright Ave
Distance between this listing and this school1.25 miles
Public Magnet Grades 6-8
5
/10
Pulaski Heights Middle School
401 N Pine St
Distance between this listing and this school1.28 miles
Public District Grades 6-8
7
/10
Estem Middle School
112 W 3rd St
Distance between this listing and this school1.31 miles
Public Charter Grades 7-9
Nearby Schools
3
/10
School for the Deaf Schools
2500 W Markham St
Distance between this listing and this school0.31 miles
Public District Grades PK-12
4
/10
Central High School
1500 S Park St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
2
/10
Premier High School of Little Rock
1621 Dr Martin Luther King Dr
Distance between this listing and this school1.02 miles
The neighbors living near this home have an average income of $36,324. Typical income of Little Rock, AR residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents 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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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 October 2024, from all listings sold in Little Rock, AR there were more than 26 sold above asking price, over 107 sold below and more than 53 were sold right at the asked price. The number of homes for sale in Little Rock, AR increased by 12.2% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.