$148,000
- Studio
- 3,457 Sq Ft
112 W Avenue C, Hope, AR 71801
Jackie Crider Walker Realty
$148,000
112 W Avenue C, Hope, AR 71801
Jackie Crider Walker Realty
$199,000
4704 Highway 29 N, Hope, AR 71801
Cynthia Ford SISSON REAL ESTATE
$170,000
1809 S Grady St, Hope, AR 71801
Cynthia Ford SISSON REAL ESTATE
Hope, Arkansas, is a small community of 9,000 residents known for its annual Watermelon Festival, which has been a summer tradition since the 1920s. The festival attracts visitors with its giant melons, food vendors, live music, and livestock shows. Healthcare and manufacturing are key industries in Hope, with the Southwest Arkansas Regional Medical Center and Tyson Foods, Inc. playing significant roles. The historic downtown area features red-brick storefronts, vibrant murals, and locally owned businesses near the Hope Visitor Center and Museum, a functioning Amtrak station and mini museum dedicated to President Bill Clinton. For shopping, residents can visit big-box stores like Piggly Wiggly and Walmart on the outskirts of town. Hope maintains three parks, including Fair Park, which spans over 140 acres and hosts the Watermelon Festival and Southwest Arkansas District Fair. Housing in Hope consists mainly of rustic ranch-style homes and bungalows built between the 1920s and 1960s, with larger lots available further from the town center. The subtropical climate brings a rainy season from March to July, making flood zone checks important for homebuyers. Hope Public Schools, including Hope High School, offer a concurrent enrollment program with the University of Arkansas Hope-Texarkana. Interstate 30 provides direct access to Little Rock, located just over 110 miles northeast, while Texarkana Regional Airport is 34 miles away.
On average, homes in Hope, AR sell after 92 days on the market compared to the national average of 70 days. The median sale price for homes in Hope, AR over the last 12 months is $95,000, down 71% from the median home sale price over the previous 12 months.
In Hope, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $148,000 to $199,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Hope is $106,000, while the average sale price is $97,937, offering insights into the local housing market. On average, multi-family homes spend 92 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Hope, AR.