$290,000

Estimated payment $1,631/month

Total Views 4,340
-- Bed
-- Bath
2,444 Sq Ft
$119 Price per Sq Ft

Highlights

  • 0.52 Acre Lot
  • Property is near a forest
  • Wood Flooring
  • Mountain View
  • Wooded Lot
  • Furnished

About This Home

Welcome to 169 & 171 Crest Ave, a truly unique and charming duplex located on a spacious lot with stunning views of the Hot Springs National Forest. This one-of-a-kind property is a must-see for investors and homeowners alike, offering exceptional rental income through various locked-in mid-term leases throughout the year. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this duplex is the perfect opportunity. The top unit at 169 Crest Ave features a spacious 3-bedroom, 2-bath layout, including a master suite and a dedicated office space—perfect for remote work or extra living flexibility. Tenants enjoy their own private balcony, a cozy gas fireplace, garbage disposal, dishwasher, and brand-new appliances. Utilities are well-managed, with the tenant responsible for gas and electric, while water is shared with the lower unit. Each unit has its own gas furnace, electric central air system, and a new hot water heater for maximum efficiency and comfort. The bottom unit at 171 Crest Ave is equally inviting, offering a warm and well-designed living space with an unbeatable view from the kitchen that overlooks the serene Hot Springs National Forest. A private back patio offers a quiet retreat, while the interior features a gas fireplace, garbage disposal, dishwasher, and new appliances. Like the upper unit, 171 also has its own gas furnace, electric central air, and a brand-new hot water heater. Set on a generous piece of land, the property boasts a beautiful forested ravine in the back—creating a peaceful, natural setting that’s hard to find so close to town. With exceptional rental numbers and strong lease agreements in place, this is an ideal setup for anyone seeking a live-in investment, house-hack opportunity, or simply a smart way to have your home and mortgage paid for all in one. Bonus opportunity: The neighboring/sister property next door mirrors this exact setup and is also available—offering the same exceptional layout and income potential. Both properties are must-sees, especially for investors looking for a rare chance to own side-by-side income-producing units in a prime location. Don’t miss out on this rare opportunity to own one—or both—of these high-performing, character-rich duplexes in a picturesque and profitable setting. Schedule your private tour today!

Listing Agent

Shaila Sharrock

Partners Realty License #SA00093276 Listed on: 05/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1940

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Lot Sloped Down
  • Wooded Lot

Home Design

  • Duplex
  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Fireplace
  • Insulated Windows
  • Insulated Doors
  • Mountain Views
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Patio
  • Property is near a forest
  • Central Heating and Cooling System

Community Details

Overview

  • 2 Units
  • 2,444 Sq Ft Building
  • Hsr Subdivision

Additional Features

  • Picnic Area
  • Gross Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$638

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Style: Bungalow/Cottage
  • Subdivision: HSR
  • Directions: Central Avenue North to Park Ave, left on Crest St, property sits on the left.
  • Source Of Sq Ft: Courthouse
  • Warranty: As-Is, Prsnt Cnd at Clsng
  • Second Address Number: 169 & 171
  • Geo Longitude: -93.057298
  • OFFICELIST_STATE: AR
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Floors: Partial Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Dryer Connection-Electric, Washer Connection, Fireplace - Gas Log
  • Stories: Two Story
  • Estimated Year Built: 1940

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Exterior Features: Partially Fenced, Patio, Guttering
  • Road Surface: Paved
  • Roof: Composition
  • Foundation: Slab/Crawl Combination, Slab

Garage/Parking

  • Garage: Assigned, Four Car or More

Utilities

  • Heating Air Conditioning: Central Cool-Electric, Central Heat-Gas
  • Utilities: Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public

Condo/Co-op/Association

  • Amenities: Picnic Area, Fully Furnished

Schools

  • School District: Hot Springs
  • School District: Hot Springs

Lot Info

  • Estimated Lot Size: 0.52
  • Estimated Lot Size: 22440
  • Geo Subdivision: AR
  • Lot: Cul-de-sac, Down Slope, Mountain View, National Forest Bound., Sloped, Wooded, Acreage

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Rental Info

  • Annual Income: 26000

Tax Info

  • Estimated Annual Taxes: 638.13
  • Tax Year: 2024

Multi Family

  • Two Bathroom Number of Units: 1
  • Two Bedroom Number of Units: 1
  • Three Bathroom Number of Units: 1
  • Three Bedroom Number of Units: 1
  • Number Units: 2
  • Tenant Expenses: Electric

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $290,000 -- $119 / Sq Ft
Source: Hot Springs Board of REALTORS®

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Source: Hot Springs Board of REALTORS®

MLS Number: 151011

Hot Springs Board of REALTORS®