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514 Middle St, North Little Rock, AR, 72117

2beds
1baths
1,174sqft
$95,000
$81price/sqft
$765/moest. monthly cost
$30,600/yrincome needed

About This Home

Investor Opportunity with Immediate Cash Flow! Add this tenant-occupied property to your portfolio and start earning income from day one. Featuring a long-term tenant already in place, this investment eliminates the hassle and expense of preparing, marketing, and leasing a vacant property. Priced to reflect its tenant-occupied status, this home presents an attractive value and may offer built-in equity compared to similar properties sold vacant. Current tenant paying $950 a month. Ideal for investors seeking steady cash flow and long-term appreciation potential. This is a straightforward buy-and-hold opportunity with an established rental history and reduced turnover risk. Whether you're a seasoned investor or looking to acquire your next rental property, this income-producing asset deserves a closer look. REMARKS

Getting Around

50
WalkingCar-Dependent
26
TransitSome Transit
46
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Crawl Space,Pillar/Post/Pier
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Eat-in Kitchen

Features

  • All Bedrooms Up
  • Flooring: Carpet,Luxury Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,174
  • Total interior livable area: 1,174 sqft

Property

Details

  • Parcel number: 23N0770016100

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5,662 sqft
  • Features: Level

Parking

  • Parking features: Carport,Parking Pad
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Earthquake
Inland Flooding
Lightning
Winter Weather
Cold Wave
Hail
Heat Wave
Strong Wind

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $480$5,760
Home Insurance $92$1,104
Property Taxes $59$708
Electricity $134$1,616
Total$765$9,180

Income You'd Need if You Spent...

35% on housing$26,228/yr
40% on housing$22,950/yr
45% on housing$20,400/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$81This listing

vs Other Active Listings

Avg $/sqft

ZIP 72117$114
Pulaski County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 72117$130
Pulaski County$137

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-06Listed for sale$95,000
2024-08-12Listing removed--
2024-05-31Listed for rent$975
2022-05-31Sold$109,500
2022-05-25Listing removed--
2022-05-06Listed for rent$950
2012-07-18Sold$0
2005-12-05Sold$30,000

For Sale by Agent

AgentDustin Turner
BrokerageExp Realty

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