Nestled in the heart of downtown Little Rock, this charming 16-unit property combines long-term stability with high-yield short-term rental potential. Currently, 8 of the units are rented long-term at $1,000 per month each, providing consistent income, while the other 8 units operate as short-term rentals, generating an impressive average of $1,500 per month per unit. The prime location offers unparalleled access to local cultural hubs, including the Arkansas Fine Arts Museum, the lively River Market, and the dynamic SoMa Arts District. Featuring beautiful wood floors throughout, the property exudes character and charm, making it a standout choice for tenants and guests alike. This is a rare opportunity to own an investment property with a blend of reliable cash flow and strong income potential in an unbeatable downtown setting.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1926
Stories: 2
Living Area: 10,152 SqFt
Listing Office:
Office Name: Moses Tucker Partners
Office Phone: (501) 376-6555
Listing Agent: Zach Saxion
Interior Features
Interior Information:
Appliances: Stove, Microwave, Electric Range, Dishwasher, Disposal
Flooring Type: Luxury Vinyl, Wood
Exterior Features
Parking Information:
Garage Space: 4 spaces
Parking: Four Car or More
Lot Features
Lot Information:
Lot: Level
Lot Size: 26.00 Acres
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air
Other
Directions Information:
Directions: Headed West on East 6th, property is on left.
Price Information
Listing Price Info
Price Summary:
List Price: $2,500,000
Price Per SqFt: $246/SqFt
Tax Information:
Annual Amount: $16,632
Tax Year: 2021
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Estem Elementary School
112 W 3rd St
Distance between this listing and this school0.33 miles
Public Charter Grades KG-6
4
/10
Estem East Village Elementary Public Charter School
410 Shall St
Distance between this listing and this school0.58 miles
Public Charter Grades KG-6
5
/10
Gibbs Magnet Elementary School
1115 W 16th St
Distance between this listing and this school1.13 miles
Public Magnet Grades PK-5
Nearby Schools
7
/10
Estem Middle School
112 W 3rd St
Distance between this listing and this school0.32 miles
Public Charter Grades 7-9
7
/10
Estem East Village Junior High Public Charter School
400 Shall St
Distance between this listing and this school0.64 miles
Public Charter Grades 7-9
3
/10
Dunbar Magnet Middle School
1100 Wright Ave
Distance between this listing and this school1.24 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Premier High School of Little Rock
1621 Dr Martin Luther King Dr
Distance between this listing and this school1.34 miles
Public Charter Grades 9-12
4
/10
Central High School
1500 S Park St
Distance between this listing and this school1.79 miles
Public District Grades 9-12
3
/10
School for the Deaf Schools
2500 W Markham St
Distance between this listing and this school1.85 miles
The neighbors living near this home have an average income of $22,837. Most Little Rock, AR residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 315 E 6th St
What is the listing price of this property?
The listing price of 315 E 6th St property is $2,500,000.
What type of property is this?
The property 315 E 6th St is a condo located in Little Rock, Arkansas, 72201.
Is this property for sale now?
Active Listing: 315 E 6th 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 $16,632 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 16, 2019 for $1,275,000. (source: MLS/tax record).
What is the square footage of this property?
The property 315 E 6th St is 10,152 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 315 E 6th St is 1926.
This home is located at 315 E 6th St in Little Rock, AR and zip code 72201 in the Downtown neighborhood. This 10,152 square foot home, which was built in 1926, sits on a 26.00 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $2,500,000.
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. In November 2024 in Little Rock, AR there were 0.4% more homes for sale than in October 2024.
From Rocket Homes Real Estate and based on county public records data.