$329,000
SOLD AUG 31, 2022

627 Quapaw Ave Hot Springs, AR 71901

Downtown Hot Springs Neighborhood
-- Bed
-- Bath
4,630 Sq Ft
0.31 Acres

Recently Sold

$71 Per Sq Ft

6% Below List Price

3 Days on Market

Highlights

  • Wood Flooring
  • Floor Furnace
  • Level Lot
  • Victorian Architecture

About This Home

As of August 2022

Six Unit Apartment Building in the Historic District! Add this Victorian beauty to your rental portfolio to cash flow a gross yearly income of $47,400 (which could be increased with improvements & tenant paid utilities.) This 100% occupied complex has tons of southern charms & character but is definitely one to run the numbers on. Seller is ready to move this property so don't miss your chance to not only collect rents but also own some history! Property has a great patio & deck area with plenty of parking!

Last Agent to Sell the Property

Danielle Blair

Crossroads Realty Group Listed on: 06/28/2022

Last Buyer's Agent

CHERYL MORRISON

Lake Hamilton Realty, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 1930

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Victorian Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,630 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Utilities

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

Community Details

  • 6 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,433

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Victorian
  • Inside City Limits: Yes
  • LVT Date: 06/28/2022
  • Price Per Sq Ft: 71.06
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Apartments
  • Zoning: Res
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Floors: Partial Carpet, Tile, Wood, Laminate
  • Foundation: Crawl Space
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 0.31
  • Estimated Lot Size: 60x225
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Multi Family

  • Annual Expenses: 18500
  • Number Of One Bathroom Unitss: 6
  • Number Of One Bedroom Units: 5
  • Number Of Three Bedroom Units: 1
  • Number Units: 6

Tax Info

  • Annual Taxes: 1433

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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
06/09/2025 06/09/25 Price Changed $425,000 -7.6% $84 / Sq Ft
05/15/2025 05/15/25 Price Changed $460,000 -28.1% $91 / Sq Ft
05/15/2025 05/15/25 For Sale $640,000 +94.5% $126 / Sq Ft
08/31/2022 08/31/22 Sold $329,000 -5.7% $71 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $349,000 -- $75 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrea Marks

    Seller's Agent in 2025

    Andrea Marks

    Hot Springs 1st Choice Realty

    (501) 545-9770

    6 in this area

    191 Total Sales

    Andrea Marks
    Section Image
  • Danielle Blair

    Seller's Agent in 2022

    Danielle Blair

    Crossroads Realty Group

    (501) 655-4699

    18 in this area

    241 Total Sales

    Danielle Blair
    Section Image

  • C

    Buyer's Agent in 2022

    CHERYL MORRISON

    Lake Hamilton Realty, Inc.

    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22021776

Cooperative Arkansas REALTORS® MLS

Arkansas Garland County Hot Springs 71901 Downtown Hot Springs

627 Quapaw Ave, Hot Springs, AR

This home is located at 627 Quapaw Ave, Hot Springs, AR 71901 and is currently priced at $329,000, approximately $71 per square foot. This property was built in 1930. 627 Quapaw Ave is a home located in Garland County with nearby schools including Hot Springs World Class High School, St. John Elementary School, and Gospel Light Christian 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.

Cooperative Arkansas REALTORS® MLS 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.

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