Traditional

406 E 16th

Little Rock, AR 72202

MLS#: 26043499

$350,000

Status: Active
Listing number: 26043499
Listing provided by: HomeWay Realty
Listing agent phone: None
Last update: 4 hours ago
New on site 1 day ago
Browse Properties
City of Little Rock L3 - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2025

Sq.Footage

900

Turnkey mid-term rental duplex in SoMa, downtown Little Rock. Built in 2025, fully furnished, and consistently leased. Two 1BR/1BA units purpose-built for the strongest rental niche in this submarket: minutes from Little Rock’s major hospital systems and five minutes from the airport. The property has leased primarily to travel nurses on 60–90 day contracts. Furnishings are negotiable, giving a buyer the option to step into an operating asset on day one instead of a repositioning project. New 2025 construction means no deferred capital expenditure on roof, mechanicals, or finishes. Separate entries and private outdoor space give each tenant the autonomy that keeps mid-term units occupied. Operating financials available upon request.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ductless

  • Heating YN

    YES

  • Heating

    Ductless

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.05

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $350,000

  • Tax Amount

    $145.6

  • Zoning

    R5

  • Sq. Footage

    900

  • Price/SqFt

    $388

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Pulaski

Elementary School

Middle School

High School

Listing Courtesy of Nicole Nark, HomeWay Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Shery Ragsdale

REALTOR®

Shery Ragsdale

Call Shery today to schedule a private showing.

(479) 857-3436

sheryragsdale@gmail.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Turnkey mid-term rental duplex in SoMa, downtown Little Rock. Built in 2025, fully furnished, and consistently leased. Two 1BR/1BA units purpose-built for the strongest rental niche in this submarket: minutes from Little Rock’s major hospital systems and five minutes from the airport. The property has leased primarily to travel nurses on 60–90 day contracts. Furnishings are negotiable, giving a buyer the option to step into an operating asset on day one instead of a repositioning project. New 2025 construction means no deferred capital expenditure on roof, mechanicals, or finishes. Separate entries and private outdoor space give each tenant the autonomy that keeps mid-term units occupied. Operating financials available upon request.

406 E 16th

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by All Around Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Income producing duplex! Fully Occupied. Unit 1 has 2 bedrooms and 1.5 bathrooms. Unit 2 has 3 bedrooms and 2.5 bathrooms. Seller is motivated and open to seller finance options! Come view today!
#26040342

Little Rock

1910 S Park Street

None Beds

None Baths

3,782 Sq.Ft.

$325,000

MLS#: 26040342

Investor package opportunity - 5-Property Cash-Flowing Portfolio in Central Arkansas. Don't miss this rare opportunity to acquire a turn-key, income-producing portfolio of five rental properties located in Little Rock and North Little Rock. This package combines renovated homes, stable tenants, and strong rental income, offering immediate cash flow with future upside potential. Each home has been fully renovated. Long-term, dependable tenants are in place in most of the properties, providing steady income from day one. A rare blend of stability, cash flow, and appreciation potential -- and exceptional deal from day one! Be sure to grab this one!
#26038830

Little Rock

5 Property Package

None Beds

None Baths

5,483 Sq.Ft.

$420,000

MLS#: 26038830

Tucked into Capital View, this historic duplex puts you minutes from downtown Little Rock, Hillcrest, and instant freeway access. Location does the heavy lifting here. Two spacious units, both 2 bed 1 bath. Upstairs is a little over 1,200 square feet and vacant, move in ready. Freshly painted, professionally cleaned, and finished with a level of care you don't often find in this price point. Real hardwood floors run room to room, catching the kind of natural light that makes a house feel bigger than its square footage. Fridge, washer, and dryer are included, and the deck gives you a spot to actually enjoy the neighborhood. A layout that works whether you're house hacking your first purchase or placing a tenant at today's market rent. Downstairs, quality tenants have called this home and taken care of it like their own. Income producing from day one, with a track record to prove it. For the homeowner who wants their mortgage covered. For the investor who wants a property already performing. This one works both ways.
#26029410

Little Rock

123 S Schiller Street

None Beds

None Baths

2,444 Sq.Ft.

$315,000

MLS#: 26029410

Investment Opportunity in West Little Rock! This fourplex at 507 Mimi Ln. offers a strong income-producing opportunity with a desirable unit mix of two 2-bedroom units and two 1-bedroom units. Built in 1975 and offering over 4,000 square feet of living space, the moderately updated property provides solid rental potential in a centrally located area close to shopping, dining, and major commuter routes. Each unit provides functional layouts appealing to long-term tenants, making this an ideal addition for investors looking to expand their portfolio or secure a steady cash-flowing asset. Properties like this rarely come available in such a convenient Little Rock location—don’t miss the chance to add a multi-unit investment to your portfolio. Seller has additional properties available—please inquire for more details. Property is tenant occupied. Photos are enhanced by AI for decluttering purposes only. Video walk through available upon request. **Agents See Remarks**
#26027980

Little Rock

507 Mimi Lane

None Beds

None Baths

4,192 Sq.Ft.

$375,000

MLS#: 26027980

Spacious 2BD duplex minutes away from the Heights strip with convenient shopping, dining, and much more! Vinyl flooring in living spaces. Kitchen has granite countertops and tiled backsplash. 2BD upstairs and a 3rd optional room downstairs. Plenty of yard space. Both units have the same lay out. Agents see remarks. No SPD due to the owner never living in the property.
#26022117

Little Rock

2308 and 2310 Blackwood Road

None Beds

None Baths

2,750 Sq.Ft.

$330,000

MLS#: 26022117

This fabulous duplex in downtown has all the classic style and charm of the period's architecture! Investors Welcome!!! Instant income generating. Tenant occupied. Third and fourth units at rear need remodel. Almost a half-acre lot! Roof is only 2 years old!
#26021040

Little Rock

2318 S Gaines Street

None Beds

None Baths

3,010 Sq.Ft.

$289,900

MLS#: 26021040

Investor special with serious upside! Welcome to 1806 Sanford Dr, a rare 4-unit multifamily opportunity that has already been gutted to the studs, offering a true blank canvas to design, build, and maximize returns. Major exterior expense already handled with a brand new roof, allowing you to focus your budget on interior finishes. Each of the four units features 2 bedrooms and 1.5 bathrooms with a functional two-story layout, including living space on the main level and all bedrooms upstairs for added privacy. The property also offers ample parking for approximately 8–10 vehicles, making it convenient for tenants and guests. Ideally located with easy access to major roads, shopping, dining, schools, parks, and local employment hubs, this property sits in an area with strong rental demand. With projected rents of approximately $1,300 per unit, the property has the potential to generate $5,200 per month or $62,400 annually once completed, making it an excellent candidate for a BRRRR strategy, long-term hold, or value-add investment. A clean slate with strong income potential—bring your vision and contractor to unlock the full value of this opportunity. END BUYERS ONLY! See remarks.
#26017416

Little Rock

1806 Sanford Drive

None Beds

None Baths

4,680 Sq.Ft.

$300,000

MLS#: 26017416

INVESTOR OPPORTUNITY ALERT! This 4-plex is the perfect chance to step into ownership and start building or expanding your investment portfolio. With Solid bones and strong income potential, this property is ready for a savvy investor to come in, make it their own, and capitalize on immediate and long term returns. Each unit offers a functional layout with the opportunity to increase value through cosmetic updates or strategic improvements. Whether you're looking to renovate and raise rents or maintain as-is for steady cash flow, the possibilities here are endless. Ideal for both season investors and those just getting states, this multi-family property the foundation for passive income and long-term wealth. Don't miss your chance to turn this opportunity into a high performing asset!
#26010421

Little Rock

1521 W 24Th Street

None Beds

None Baths

3,696 Sq.Ft.

$345,000

MLS#: 26010421

100% OCCUPIED MULTIFAMILY PROPERTY FOR SALE Value Add opportunity in emerging Pettaway neighborhood, just two blocks from the vibrant SoMa District (South Main), named a “Next Great Neighborhood” by Southern Living for its charm, culture, and walkability. Attractive Unit Features: All units feature hardwood floors and tall ceilings; two units include granite countertops. Central HVAC and stackable washer/dryer in each unit. Investor Highlights: Tenants pay electric; landlord covers water and trash. Rent roll available with NDA. Property qualifies for Historic Tax Credits.
#26009144

Little Rock

1305 Cumberland Street

None Beds

None Baths

3,392 Sq.Ft.

$375,000

MLS#: 26009144

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by All Around Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by All Around Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service