10 days on rocket

315 E 6th St, Little Rock, AR, 72201

$2,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
10,152 SqFt
$246/SqFt
Condo

Location

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315 E 6th St, Little Rock$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingFour Car or More
Garage4 spaces
Year Built1926
HeatingCentral, Electric
CoolingCentral Air
MLS #24040561
Lot Size26.00 Acres
StatusActive

About 315 E 6th St

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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Housing Market Comparison

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

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Little Rock, AR

City

Med. Sold Price

$245.5K

Med. Price/SqFt

$140

# of Sold Homes

201

315 E 6th St vs Little Rock

10 DAYS ON ROCKET

$2,500,000

+$2.2M More

$246/SqFt

+$105 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $105/SqFt more than other homes in Little Rock, AR.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #24040561

Listing Office:

  • Office Name: Moses Tucker Partners
  • Office Phone: (501) 376-6555
  • Listing Agent: Zach Saxion

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: 11/17/2024, 6:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 2019Home Sold
$1,275,000
Oct 24, 2018Home Sold
$900,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,632$237,600
2020$9,475$237,600
2019$9,475$135,360
2018$8,782$135,360

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-583209
4
/10

  • Estem Elementary School

  • 112 W 3rd St

  • 0.33 miles

  • Public Charter Grades KG-6

school-card-donut-583210
4
/10

  • Estem East Village Elementary Public Charter School

  • 410 Shall St

  • 0.58 miles

  • Public Charter Grades KG-6

school-card-donut-583211
5
/10

  • Gibbs Magnet Elementary School

  • 1115 W 16th St

  • 1.13 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,837. Residents of Little Rock, AR typically earn less than $35k each year. Typical family type is single, no kids. The majority of 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.

Rocket Homes›Arkansas›Pulaski County›Little Rock›72201›315 E 6th St

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.

Little Rock, AR housing market in October 2024 saw over 26 listings sold above listed price, more than 53 sold at listed price and over 107 sold below. The number of listings 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.

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