$335,000
$15K PRICE DROP

Estimated payment $1,915/month

Total Views 2,738
8 Beds
4 Baths
2,688 Sq Ft
$125 Price per Sq Ft

Highlights

  • Multiple Garages
  • Floor Furnace
  • Level Lot
  • 1-Story Property
  • Partially Fenced Property

About This Home

This multifamily property offers instant income with 2 fully occupied units. The duplex offers a combined total of 2688 sq ft with 8 bedrooms and 4 bathrooms, making it an ideal setting for substantial rental income. Located in the heart of Hot Springs and within walking distance to Oaklawn Racing & Casino. Currently, one-year leases secure a monthly income of $3,100. The duplex sits on a spacious corner lot and comes with an additional fenced lot, offering ample space for parking and outdoor entertainment. Both units are in good repair with a newer roof and offer new floors, updated kitchens and bathrooms, updated electrical, and efficient new window air conditioning units and new gas wall heaters. The larger unit features 5 bedrooms and 2 bathrooms, while the cozier unit offers 3 bedrooms and 2 bathrooms. Please note, showings are by appointment only and must be scheduled at least 24 hours in advance. Please respect the privacy of the current residents by not visiting the property unannounced. If you're looking to expand your investment portfolio or step into the landlord game, this duplex promises a blend of steady income and growth potential. Contact agent for more information.

Listing Agent

Andrea Marks

Hot Springs 1st Choice Realty Listed on: 05/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 1930

Lot Details

  • 0.48 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Parking

  • Multiple Garages
  • Parking Pad

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Wall Furnace
  • Window Unit Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$745

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside City Limits: Yes
  • LVT Date: 05/12/2025
  • Price Per Sq Ft: 124.63
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Duplex
  • Zoning: RN-2
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Floors: Laminate
  • Foundation: Slab
  • Stories: One Story

Exterior Features

  • Exterior Features: Partially Fenced, Chain Link

Garage/Parking

  • Garage/Parking: Parking Pads, Four Car Or More

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
  • Heating And Air Cond: Window Units, Floor/Wall Furnace

Lot Info

  • Estimated Lot Size: 0.48
  • Estimated Lot Size: 128X159
  • Lot: Level, Cleared
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Yearly

Multi Family

  • Maximum Rent Three Bedroom: 1350
  • Minimum Rent Three Bedroom: 1350
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bathroom Units: 2
  • Number Units: 2

Tax Info

  • Annual Taxes: 745

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

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 $735 $16,260 $2,190 $14,070
2023 $735 $16,260 $2,190 $14,070
2022 $735 $16,260 $2,190 $14,070
2021 $720 $15,760 $2,190 $13,570
2020 $345 $15,760 $2,190 $13,570
2019 $345 $15,760 $2,190 $13,570
2018 $370 $15,760 $2,190 $13,570
2017 $411 $15,760 $2,190 $13,570
2016 $416 $15,850 $2,450 $13,400
2015 $305 $15,850 $2,450 $13,400
2014 $304 $15,850 $2,450 $13,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $335,000 -4.3% $125 / Sq Ft
05/12/2025 05/12/25 For Sale $350,000 -- $130 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $88,000 Advantage Title & Escrow
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25018487

Cooperative Arkansas REALTORS® MLS

APN: 300-06942-000