Investor special with serious upside! Welcome to 1806 Sanford Dr, a rare 4-unit multifamily opportunity that has already been gutted to the studs, offering a true blank canvas to design, build, and maximize returns. Major exterior expense already handled with a brand new roof, allowing you to focus your budget on interior finishes. Each of the four units features 2 bedrooms and 1.5 bathrooms with a functional two-story layout, including living space on the main level and all bedrooms upstairs for added privacy. The property also offers ample parking for approximately 8–10 vehicles, making it convenient for tenants and guests. Ideally located with easy access to major roads, shopping, dining, schools, parks, and local employment hubs, this property sits in an area with strong rental demand. With projected rents of approximately $1,300 per unit, the property has the potential to generate $5,200 per month or $62,400 annually once completed, making it an excellent candidate for a BRRRR strategy, long-term hold, or value-add investment. A clean slate with strong income potential—bring your vision and contractor to unlock the full value of this opportunity. END BUYERS ONLY! See remarks.
Active
$300,000
1806 Sanford Dr, Little Rock, AR 72227
--beds
--baths
4,680sqft
Quadruplex
Built in 1972
-- sqft lot
$-- Zestimate®
$64/sqft
$-- HOA
What's special
Functional two-story layoutBrand new roof
- 108 days |
- 135 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Troy Shelton 931-434-2462,
Simpli HOM 855-856-9466
Source: CARMLS,MLS#: 26017416
Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: None
Features
- See Remarks
- Flooring: Other
- Basement: None
Interior area
- Total structure area: 4,680
- Total interior livable area: 4,680 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Parking Pad, Four Car or More
Features
- Levels: Two
Lot
- Size: 0.25 Acres
- Dimensions: 87 x 141 x 87 x 141
- Features: Level
Details
- Parcel number: 43L1450000600
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Brick, Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Electric: Electric-Municipal
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sanford Amended
Location
- Region: Little Rock
Financial & listing details
- Price per square foot: $64/sqft
- Tax assessed value: $62,355
- Annual tax amount: $872
- Date on market: 5/1/2026
- Tenant pays: None
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,100/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $300,000+87.5%$64/sqft |
Source: | ||
| 5/10/2024 | Sold | $160,000-3%$34/sqft |
Source: | ||
| 4/17/2024 | Listed for sale | $165,000-11.8%$35/sqft |
Source: | ||
| 3/18/2014 | Sold | $187,000-14.6%$40/sqft |
Source: Public Record Report a problem | ||
| 7/13/2013 | Listed for sale | $219,000+1268.8%$47/sqft |
Source: Coldwell Banker RPM #10356466 Report a problem | ||
| 10/22/2001 | Sold | $16,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $873 +134.1% | $12,471 |
| 2024 | $373 | $12,471 +139.8% |
| 2023 | -- | $5,200 -90.5% |
| 2022 | $3,441 +7.1% | $54,517 +7.1% |
| 2021 | $3,213 +1.3% | $50,890 |
| 2020 | $3,173 +1.2% | $50,890 |
| 2019 | $3,136 +1.7% | $50,890 |
| 2018 | $3,083 +9% | $50,890 |
| 2017 | $2,827 | $50,890 +21.9% |
| 2016 | $2,827 -3.4% | $41,740 |
| 2015 | $2,926 | $41,740 |
| 2014 | $2,926 -13.4% | $41,740 -13.4% |
| 2013 | $3,378 | $48,188 -39.1% |
| 2012 | -- | $79,140 +58.5% |
| 2011 | -- | $49,920 |
| 2010 | -- | $49,920 -1.2% |
| 2009 | -- | $50,544 -3.8% |
| 2008 | -- | $52,555 +11.3% |
| 2007 | -- | $47,200 +3.3% |
| 2005 | -- | $45,700 |
| 2004 | -- | $45,700 +59.3% |
| 2003 | -- | $28,696 |
| 2002 | -- | $28,696 |
| 2001 | -- | $28,696 |
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.Climate risks
Neighborhood: Reservoir
Nearby schools
GreatSchools rating
- 4/10Mcdermott Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Forest Heights STEM AcademyGrades: K-8Distance: 2.4 mi
- 5/10Central High SchoolGrades: 9-12Distance: 5.1 mi
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