201 & 203 Parallel St Hot Springs, AR 71901
Downtown Hot Springs NeighborhoodEstimated payment $3,113/month
Total Views
23,921
--
Bed
--
Bath
3,832
Sq Ft
$137
Price per Sq Ft
Highlights
- Home fronts a creek
- Porch
- Home Security System
- Furnished
- Built-In Features
- Central Heating and Cooling System
About This Home
Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,500
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
- Home fronts a creek
- Partially Fenced Property
- Level Lot
- Cleared Lot
Home Design
- Duplex
- Brick Frame
- Architectural Shingle Roof
Interior Spaces
- 2-Story Property
- Furnished
- Built-In Features
- Tile Ceilings
- Ceiling Fan
- Wood Burning Fireplace
- Vinyl Flooring
- Crawl Space
- Washer and Electric Dryer Hookup
Kitchen
- Gas Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Porch
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
Overview
- 4 Units
- 3,832 Sq Ft Building
- Gantts Addition Subdivision
Recreation
- Bike Trail
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Price Changed | $525,000 | -4.5% | $137 / Sq Ft |
| 01/17/2025 01/17/25 | Price Changed | $550,000 | -1.8% | $144 / Sq Ft |
| 12/10/2024 12/10/24 | Price Changed | $560,000 | -2.6% | $146 / Sq Ft |
| 08/25/2024 08/25/24 | For Sale | $575,000 | -- | $150 / Sq Ft |
Source: Hot Springs Board of REALTORS®
Similar Homes in the area
Source: Hot Springs Board of REALTORS®
MLS Number: 147799
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