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507 Mimi Lane, Little Rock, AR 72211

$400,000
  • 507 Mimi Lane, Little Rock, AR 72211 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,192 MLS#26008386
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPark Ruby NEIGHBORHOODLittle Rock

Property Description

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**

507 Mimi Lane | MLS# 26008386

This multi-family property located at 507 Mimi Lane, Little Rock, AR 72211 is currently listed for sale with an asking price of $400,000. Search Little Rock real estate on online.fusion2b.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central Heat
Home Style: Traditional
Lot Size: 0.22 Acres
Roof Type: Architectural Shingle
Stories: 1.0
Taxes: $3,784
Year Built: 1975

Amenities

Storage Building

Feature Descriptions

Appliance(s)/Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Pantry
Days on Site: 30
Expenses Include: Taxes, Insurance, Management, Pest Control
Exterior: Brick & Frame Combo
Lot Dimensions: 0.22 acre(s)
Number of 1 Bedroom Unit(s): 2
Number of 2 Bathroom Unit(s): 2
Number of 2 Bedroom Unit(s): 2
Parking Notes: Parking Pads, Four Car or More
Sewer: Public Sewer
Units: 4
Water: Public Water

Local Schools

High School: Central
Middle School: Pinnacle View
Elementary School: Terry

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Phone: 501-907-5959

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Arkansas MLS

Estimate Your Payment

Estimated Payment

$ 1,322.23 per month $890.23 Principal & Interest $315.33 Property Tax $116.67 Homeowner's Insurance

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