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For sale by owner
  • Price cut: $10K (7/19)
    $119,000

    1507 Willow St, North Little Rock, AR 72114

    3beds
    0baths
    1,001sqft
    : 
    $815/mo
    Get pre-qualified
    MultiFamily
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $119/sqft
    $-- HOA

    What's special

    All appliances includedLaundry in both unitsNew hot water heaterNew trane mini splitVinyl sidingThermal windows
    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.
    7 days
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    568
    |
    50
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    Listed by:

    Property Owner (404) 951-4284

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 0
      Heating
      • Other, Electric
      Cooling
      • Other
      Appliances
      • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Laminate
      • Basement: Basement (not specified)
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,001 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: None
      Features
      • Exterior features: Vinyl
      Lot
      • Size: 7,200 Square Feet
      Details
      • Parcel number: 33N2600006700

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Foundation: Other
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1916

      Community & HOA

      Location
      • Region: North Little Rock

      Financial & listing details

      • Price per square foot: $119/sqft
      • Tax assessed value: $48,900
      • Annual tax amount: $650
      • Date on market: 7/19/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $925/mo

        Price history

        DateEventPrice
        7/19/2026Price change$119,000-7.8%$119/sqft
        Source: Owner Report a problem
        6/3/2026Price change$128,9980%$129/sqft
        Source: CARMLS #26009752 Report a problem
        5/21/2026Price change$128,9990%$129/sqft
        Source: CARMLS #26003358 Report a problem
        4/24/2026Price change$129,000-7.2%$129/sqft
        Source: CARMLS #26009752 Report a problem
        4/15/2026Listed for sale$139,000$139/sqft
        Source: CARMLS #26003358 Report a problem
        4/7/2026Contingent$139,000$139/sqft
        Source: CARMLS #26003358 Report a problem
        1/22/2026Price change$139,000+3%$139/sqft
        Source: CARMLS #26003358 Report a problem
        12/9/2025Listing removed$900$1/sqft
        Source: Zillow Rentals Report a problem
        11/23/2025Listed for rent$900+5.9%$1/sqft
        Source: Zillow Rentals Report a problem
        11/14/2025Price change$134,900-7%$135/sqft
        Source: CARMLS #25045696 Report a problem
        4/19/2024Price change$145,000+12.4%$145/sqft
        Source: CARMLS #24013357 Report a problem
        7/18/2023Listing removed--
        Source: CARMLS #23018643 Report a problem
        6/30/2023Price change$850-2.9%$1/sqft
        Source: CARMLS #23018643 Report a problem
        6/15/2023Listed for rent$875-2.8%$1/sqft
        Source: Zillow Rentals Report a problem
        5/12/2023Price change$129,000-7.8%$129/sqft
        Source: CARMLS #23012648 Report a problem
        4/28/2023Price change$139,900-3.5%$140/sqft
        Source: CARMLS #23012648 Report a problem
        3/25/2023Price change$145,000-8.8%$145/sqft
        Source: Owner Report a problem
        3/14/2023Price change$159,000-5.9%$159/sqft
        Source: Owner Report a problem
        2/24/2023Listed for sale$169,000-3.4%$169/sqft
        Source: Owner Report a problem
        2/14/2023Listing removed$175,000$175/sqft
        Source: CARMLS #22038194 Report a problem
        1/3/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/7/2022Listed for rent$900$1/sqft
        Source: Zillow Rentals Report a problem
        11/18/2022Listed for sale$175,000$175/sqft
        Source: CARMLS #22038190 Report a problem
        11/16/2022Listing removed$175,000$175/sqft
        Source: CARMLS #22034787 Report a problem
        10/17/2022Listed for sale$175,000+548.1%$175/sqft
        Source: CARMLS #22034787 Report a problem
        3/26/2014Sold$27,000+42.1%$27/sqft
        Source: Agent Provided Report a problem
        11/13/2008Sold$19,000+30.1%$19/sqft
        Source: Public Record Report a problem
        7/29/2008Sold$14,604$15/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$650 +8.4%$9,730 +8.4%
        2023$600 +9.1%$8,980 +9.1%
        2022$550 +10%$8,230 +10%
        2021$500 $7,480
        2020$500 $7,480
        2019$500 $7,480
        2018$500 $7,480
        2017$500 $7,480 -20.7%
        2016$500 -20.7%$9,430
        2015$630 $9,430
        2014$630 $9,430
        2013$630 $9,430
        2012-- $9,430 -2.5%
        2011-- $9,671 +5.4%
        2010-- $9,174 -5.1%
        2009-- $9,672 +16.7%
        2007-- $8,290 +51.8%
        2005-- $5,460
        2004-- $5,460 +56.4%
        2003-- $3,490
        2002-- $3,490
        2001-- $3,490
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 72114

        Getting around

        52 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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