$1,250,000
$500K PRICE DROP

415 & 417 Morrison Unit Multiple addresses Hot Springs, AR 71901

Estimated payment $7,176/month

Total Views 3,194
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Wood Flooring

About This Home

Large package of residential properties located in Hot Springs, AR. 10 parcels which include 12 buildings and a total of 17 units. Gross potential income around $17,000. per month when at full occupancy. Some of the units remodeled in the past few years. Expenses may vary for each parcel. Square footage, age, taxes and zoning taken from city or county records. Feel free to verify.

Listing Agent

Rodney Bottoms

Meyers Realty License #AB00007461 Listed on: 04/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1900

Lot Details

  • Level Lot

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Plaster Walls
  • Wallpaper
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Crawl Space
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • 17 Units
  • Gross Income $204,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Pkg-Single Family
  • Style: Traditional, Bungalow/Cottage, Craftsman
  • Subdivision: Metes & Bounds
  • Directions: Varies, see your GIS.
  • Warranty: As-Is, Prsnt Cnd at Clsng
  • Second Address Number: 415 & 417
  • Geo Longitude: -93.056016
  • OFFICELIST_STATE: AR
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Floors: Laminate, Partial Carpet, Vinyl, Wood
  • Interior Amenities: Dryer Connection-Electric, Dryer Connection-Gas, Hot Water Heater-Electric, Hot Water Heater-Gas, Washer Connection, Some Units
  • Stories: One Story, Two Story
  • Estimated Year Built: 1900
  • Kitchen Equipment: Free-Standing Stove, Refrigerator Stays
  • Walls: Paper, Plaster, Sheet Rock

Exterior Features

  • Exterior: Brick, Frame, Stucco
  • Roof: Composition
  • Foundation: Crawl Space, Slab/Crawl Combination, Slab

Utilities

  • Heating Air Conditioning: Central Cool-Electric, Window Units, Central Heat-Electric, Central Heat-Gas
  • Utilities: Electric-Co-op, Electric-Entergy, Gas-Natural, Septic, Sewer-Public, Some Util Avl-Not on Prop, TV-Cable, Water-Public
  • Electric Expense: Misc
  • Water Expense: Misc

Fee Information

  • Gas Expense: Misc

Schools

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

Lot Info

  • Estimated Lot Size: Varies
  • Geo Subdivision: AR
  • Lot: In Subdivision, Level, Sloped

Rental Info

  • Annual Income: 204000
  • Lease Type: Monthly, Yearly

Tax Info

  • Estimated Annual Taxes: 6882
  • Tax Year: 2025

Multi Family

  • 1br Maximum Rent: 795
  • 1br Minimum Rent: 680
  • 1br Number Of Units: 5
  • Two Bedroom Maximum Rent: 1300
  • Two Bedroom Minimum Rent: 950
  • Two Bedroom Number of Units: 9
  • Three Bedroom Maximum Rent: 1400
  • Three Bedroom Minimum Rent: 1250
  • Three Bedroom Number of Units: 3
  • Number Units: 17

Map

Range of Values:

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Average Value
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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
07/30/2025 07/30/25 Price Changed $1,250,000 -28.6% --
04/27/2025 04/27/25 For Sale $1,750,000 -- --
Source: Hot Springs Board of REALTORS®

Source: Hot Springs Board of REALTORS®

MLS Number: 150689

Hot Springs Board of REALTORS®
Arkansas Garland County Hot Springs 71901

415 & 417 Morrison Unit Multiple addresses, Hot Springs, AR

This home is located at 415 & 417 Morrison Unit Multiple addresses, Hot Springs, AR 71901 and is currently priced at $1,250,000. This property was built in 1900. 415 & 417 Morrison Unit Multiple addresses is a home located in Garland County with nearby schools including Hot Springs World Class High School, St. John Elementary School, and St. Luke's Episcopal Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hot Springs Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Rodney Bottoms
Listing Agent
Rodney Bottoms
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Meyers Realty
(501) 318-8329