Investment opportunity in the heart of Little Rock! This duplex features two 1-bedroom, 1-bath units, making it an excellent addition to a rental portfolio or a great opportunity for an owner-occupant looking to offset their mortgage. One unit is currently leased for $725/month, providing immediate income, while the second unit is vacant and ready for a new tenant or owner occupant. Situated on a corner lot with both front and rear parking, this property offers convenient access and added flexibility. Whether you're a seasoned investor or just getting started, this income-producing property has plenty of potential.
Two-family dwellings are an established development type in the city. Such areas are deserving of protection in the form of reasonable standards which will maintain and encourage duplex development at appropriate locations. The purpose of the R-4 district is two-fold: To provide areas for the development of two-family residential structures in spacious surroundings, and to facilitate the conversion of one-family residences to two-family use in established developed areas. This section applies to such district. It is the intent of this chapter that the R-4 district be located in both developed and undeveloped areas of the city where an environment suitable for moderate-density residential [use] can be provided and in established medium-density residential areas where conversions may facilitate their continuation as desirable residential areas. Within the R-4 district, all buildings, structures or uses having commercial characteristics shall be excluded, whether operated for profit or otherwise. Accessory uses, conditional uses and home occupations specifically provided for in this chapter, however, shall be allowed provided they do not have objectionable characteristics and provided further that they otherwise conform to the provisions of this chapter.