118 Mimosa Point Hot Springs National Park, AR 71913
Estimated payment $2,123/month
About This Home
Investor Opportunity! Don’t miss this income-producing duplex located just across from Lake Hamilton in Hot Springs. Each spacious unit features 2 bedrooms—one unit with 2.5 baths, the other with 1.5 baths—plus generous living rooms, kitchens, and dining areas. With approximately 2,340 sq ft per unit, there’s plenty of space to attract quality tenants. Both units are available and ready for tenants —perfect for immediate rental income. Recent updates include new roofing and one new dual-fuel HVAC system. Additional property features include a separate 855 square foot building with a new roof (previously used as a 2 bed/1 bath rental and could be restored for added income), two storage units, and a utility hookup for a mobile home or RV. All just minutes from shopping, dining, and entertainment. Excellent location —schedule your viewing today! ***Agent See Remarks***
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,278
Year Built
- Built in 1945
Lot Details
- Sloped Lot
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Lake Views
Community Details
- Chambers Point Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,278 | $50,390 | $7,490 | $42,900 |
| 2023 | $2,243 | $50,390 | $7,490 | $42,900 |
| 2022 | $2,056 | $50,390 | $7,490 | $42,900 |
| 2021 | $1,890 | $41,360 | $7,490 | $33,870 |
| 2020 | $1,890 | $41,360 | $7,490 | $33,870 |
| 2019 | $1,890 | $41,360 | $7,490 | $33,870 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $349,000 | -- | $75 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
Source: Hot Springs Board of REALTORS®
MLS Number: 151644
APN: 400-10150-001-000
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