1507 Willow St, North Little Rock, AR, 72114
About This Home
TWO DETACHED HOMES ON ONE LOT – LIVE IN ONE, RENT THE OTHER! Main house 2B/1B plus 1B/1B detached guest house, each with separate utility meters. Large fenced lot providing privacy, separate yards and independence for occupants. The homes have a long history as rental properties with strong occupancy and repeat tenants. Quiet street of longtime owner occupants. Rare opportunity to own two separate homes on a large lot in North Little Rock. Whether you're looking for rental income, multi-generational living, a guest house, home office, or a house-hacking opportunity, this property offers flexibility that's hard to find. Highlights: - Two detached homes on one parcel - Separate utility meters - Income-producing - Grossing $19,200 annually - Laundry in both units - All Appliances included - New Trane Mini split, new hot water heater and fridge with year - Plumbing replaced with Pex on main house - Vinyl siding and thermal windows - Ideal for owner-occupants or investors • Long rental history • Large lot with room to enjoy outdoor space • Convenient location, 5 minute walk to Argenta Historic District, Trolley to Little Rock Properties offering two separate residences on one lot are increasingly difficult to find. Explore the possibilities for rental income, extended family living, guest accommodations, or creating your own live-work setup. Tenant occupied, do not disturb Questions? Please text me. I don't answer calls from unknown numbers, but I'll respond to texts as soon as possible. 404-951-4284. Current mortgage pre-approval letter or proof of funds before scheduling a showing. Serious inquiries only.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1916
Materials
- Foundation: Piers
- Roof: Asphalt
Type & Style
- Home type: MultiFamily
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Range / Oven,Refrigerator,Washer
Basement
- Basement: Basement (not specified)
Bedrooms & Bathrooms
- Bedrooms: 3
Features
- Flooring: Laminate
Heating & Cooling
- Heating features: Other,Electric
- Cooling features: Other
Interior Area
- Total interior livable area: 1,001 sqft
Property
Details
- Parcel number: 33N2600006700
Features
- Exterior features: Vinyl
Lot
- Lot size: 7,200 sqft
Parking
- Total spaces: 2
- Parking features: None
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
- Inland Flooding
- Ice Storm
- Tornado
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $601 | $7,212 |
| Home Insurance | $208 | $2,496 |
| Property Taxes | $74 | $888 |
| Electricity | $134 | $1,616 |
| Total | $1,017 | $12,204 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-19 | Price change | $119,000 |
| 2026-06-03 | Price change | $128,998 |
| 2026-05-21 | Price change | $128,999 |
| 2026-04-24 | Price change | $129,000 |
| 2026-04-15 | Listed for sale | $139,000 |
| 2026-04-07 | Contingent | $139,000 |
| 2026-01-22 | Price change | $139,000 |
| 2025-12-09 | Listing removed | $900 |
| 2025-11-23 | Listed for rent | $900 |
| 2025-11-14 | Price change | $134,900 |
| 2024-04-19 | Price change | $145,000 |
| 2023-07-18 | Listing removed | -- |
| 2023-06-30 | Price change | $850 |
| 2023-06-15 | Listed for rent | $875 |
| 2023-05-12 | Price change | $129,000 |
| 2023-04-28 | Price change | $139,900 |
| 2023-03-25 | Price change | $145,000 |
| 2023-03-14 | Price change | $159,000 |
| 2023-02-24 | Listed for sale | $169,000 |
| 2023-02-14 | Listing removed | $175,000 |
| 2023-01-03 | Listing removed | -- |
| 2022-12-07 | Listed for rent | $900 |
| 2022-11-18 | Listed for sale | $175,000 |
| 2022-11-16 | Listing removed | $175,000 |
| 2022-10-17 | Listed for sale | $175,000 |
| 2014-03-26 | Sold | $27,000 |
| 2008-11-13 | Sold | $19,000 |
| 2008-07-29 | Sold | $14,604 |
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