504 Mimi Ln #506, Little Rock, AR, 72211
About This Home
Both units are occupied currently with over 20% investment return!! Don't miss the great opportunity to own this duplex each unit featuring 3 bedrooms and 2 bathrooms in popular West Little Rock! It presents a compelling investment opportunity with its strategic location and potential for steady rental income. Positioned in a highly accessible area, it is just minutes away from major shopping centers, health care facilities, restaurants, and schools, with easy access to the interstate, making it appealing to a diverse range of tenants. The property consists of two separate units, allowing for flexibility in rental strategies. Investors can opt to rent both units for dual income or occupy one while leasing the other, ensuring a consistent cash flow. Each unit has its own utilities, minimizing the landlord's responsibilities. Each unit has its outside storage area and decking for entertaining, the left side units has new LVP flooring, new paint, new fans, new kitchen hood, new vanities, new glass top electric range, disposal and toilets; the sewer line has been replaced as well.HVAC at right side unit replaced 2024. See showing remarks.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1977
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Duplex
Interior
Appliances
- Appliances included: Free-Standing Range,Electric Range,Dishwasher,Gas Water Heater
- Laundry features: Electric Dryer Hookup
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Ceiling Fan(s),Sheet Rock
- Flooring: Tile,Vinyl
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Property
Details
- Zoning: resident
Features
- Levels: One
- Patio & porch: Deck,Porch
- Exterior features: Storage
- Fencing: Partial
Lot
- Lot size: 9,583 sqft
- Features: Sloped,Level,Subdivided
Parking
- Total spaces: 2
- Parking features: Parking Pad,Two Car
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
- Tornado
- Winter Weather
- Earthquake
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
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 | $1,107 | $13,284 |
| Home Insurance | $184 | $2,208 |
| Property Taxes | $136 | $1,632 |
| Electricity | $162 | $1,955 |
| Total | $1,589 | $19,068 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Listed for sale | $219,000 |
| 2026-03-26 | Listing removed | $224,000 |
| 2026-01-14 | Price change | $224,000 |
| 2025-10-29 | Price change | $219,000 |
| 2025-09-16 | Listed for sale | $239,000 |
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