This 5-bed, 3-bath, 3,019 sqft home in North Little Rock is listed at $120K—just $40/sqft. Nearby comps with similar size and beds are valued between $131K and $151K, but average sold prices for large homes in the area hit $390K, or $134/sqft. That’s a big gap, likely reflecting condition or needed updates. The property is marketed as 'AS IS,' suggesting it may need significant repairs, but it’s priced well below both comps and the neighborhood’s top sales.
If you’re an investor, this is a classic flip candidate—low entry price with solid upside if you can bring it up to market standard. For current owners, focus on essential repairs and cosmetic updates (floors, kitchen, paint) to attract buyers or maximize offers. Just be mindful of renovation costs; don’t over-improve for the area.