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Active
    • $375,000

    507 Mimi Ln, Little Rock, AR 72211

    --beds
    --baths
    4,192sqft
    : 
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    Quadruplex
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $89/sqft
    $-- HOA

    What's special

    Moderately updated propertyFunctional layouts
    **SELLER FINANCING AVAILABLE** Investment Opportunity in West Little Rock! This fourplex at 507 Mimi Ln. offers a strong income-producing opportunity with a desirable unit mix of two 2-bedroom units and two 1-bedroom units. Built in 1975 and offering over 4,000 square feet of living space, the moderately updated property provides solid rental potential in a centrally located area close to shopping, dining, and major commuter routes. Each unit provides functional layouts appealing to long-term tenants, making this an ideal addition for investors looking to expand their portfolio or secure a steady cash-flowing asset. Properties like this rarely come available in such a convenient Little Rock location—don’t miss the chance to add a multi-unit investment to your portfolio. Seller has additional properties available—please inquire for more details. Property is tenant occupied. Photos are enhanced by AI for decluttering purposes only. Video walk through available upon request. **Agents See Remarks**
    5 days
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    70
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Langston T Carr 501-773-7154,

    Keller Williams Realty 501-907-5959,

    Armenthia M Carr 501-837-1113,

    Keller Williams Realty

    Source: CARMLS,MLS#: 26027980MLS Logo

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      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Free-Standing Range, Electric Range, Dishwasher, Disposal
      Features
      • Pantry, Sheet Rock
      • Flooring: Luxury Vinyl
      • Doors: Insulated Doors
      • Windows: Insulated Windows
      Interior area
      • Total structure area: 4,192
      • Total interior livable area: 4,192 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Four Car or More, Parking Pad
      Features
      • Levels: One
      Lot
      • Size: 9,583 Square Feet
      • Features: Level
      Details
      • Additional structures: Storage
      • Parcel number: 43L1400000300
      • Zoning: Res

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Quadruplex
      Materials
      • Foundation: Slab/Crawl Combination
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Electric: Electric-Municipal
      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Doors

      Community & HOA

      Community
      • Subdivision: Park Ruby
      Location
      • Region: Little Rock

      Financial & listing details

      • Price per square foot: $89/sqft
      • Tax assessed value: $270,340
      • Annual tax amount: $3,784
      • Date on market: 7/10/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan,Other (see remarks),Owner Neg.-Carry 1st,Spec Financing (see rmks)
      • Tenant pays: Electricity, Water
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,603/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$375,000$89/sqft
        Source: CARMLS #26027980 Report a problem
        7/1/2026Listing removed$375,000$89/sqft
        Source: CARMLS #26008386 Report a problem
        5/9/2026Price change$375,000-6.3%$89/sqft
        Source: CARMLS #26008386 Report a problem
        3/4/2026Listed for sale$400,000+412.8%$95/sqft
        Source: CARMLS #26008386 Report a problem
        4/20/2020Listing removed$475
        Source: Zillow Rental Manager Report a problem
        12/6/2019Listed for rent$475
        Source: Zillow Rental Manager Report a problem
        5/6/2010Sold$78,000-37.6%$19/sqft
        Source: Public Record Report a problem
        11/4/1997Sold$125,000$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,785 $54,068
        2023$3,785 +19.1%$54,068 +19.1%
        2022$3,179 +9.2%$45,410 +10%
        2021$2,910 +0.7%$41,280
        2020$2,890 $41,280
        2019$2,890 $41,280
        2018$2,890 $41,280
        2017$2,890 $41,280 -30.2%
        2016$2,890 -20.6%$59,130 +13.9%
        2015$3,641 +16.7%$51,933 +16.7%
        2014$3,120 +9.1%$44,513 +9.1%
        2013$2,860 $40,803 -31%
        2012-- $59,130 +36.9%
        2011-- $43,200
        2010-- $43,200 -36.4%
        2009-- $67,910 +83.3%
        2008-- $37,042 +12.9%
        2007-- $32,810 +1.9%
        2005-- $32,210
        2004-- $32,210 +93.6%
        2003-- $16,640
        2002-- $16,640
        2001-- $16,640
        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.
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        Climate risks

        Neighborhood: Walnut Valley

        Getting around

        66 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Terry
        • Middle: Pinnacle View
        • High: Central

        Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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