$220,000
SOLD AUG 22, 2025

939 Greenwood Ave Hot Springs National Park, AR 71913

-- Bed
-- Bath
2,490 Sq Ft
0.34 Acres

Recently Sold

$88 Per Sq Ft

12% Below List Price

40 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Mini Split Air Conditioners
  • Wood Flooring

About This Home

As of August 2025

Rare Multi-Unit Investment Opportunity on a Prime Corner Lot! This versatile property features the potential for four income-producing units on one parcel and two separate addresses—939 Greenwood Ave and 605 Summer Street—totaling approximately 2,490 sq ft of living space on a spacious corner lot. The main house at 939 Greenwood offers 1,115 sq ft, with 2 bedrooms and 1 full bath, showcasing a recently installed standing seam metal roof! Below the main house, a fully equipped 335 sq ft basement studio provides additional rental income, complete with its own kitchenette and full bathroom. Just steps away, 605 Summer Street includes two separate 520 sq ft units—one with a private bedroom, and the other a studio-style layout. The one bedroom features a full kitchen, while the studio offers a kitchenette. Each unit benefits from its own entrance for privacy. Each property is separately metered, allowing flexibility for tenants or owners. Recent refresh across the entire property offers a great opportunity ideal for investors, house hackers, or those seeking multi-generational living. Metal roofs on both structures add durability and long-term value.

Last Agent to Sell the Property

Jeffery Vaughn

ESQ. Realty Group - Hot Springs Listed on: 06/14/2025

Last Buyer's Agent

Clay Wilson

Trademark Real Estate, Inc.

Trademark Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1941

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Electric Range
  • Stove

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Window Unit Heating System
  • Mini Split Heat Pump

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$624

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 06/16/2025
  • Price Per Sq Ft: 88.35
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Fourplex
  • Zoning: RN5
  • Source Of Sq Ft: Courthouse, Measurements
  • Estimated Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Floors: Tile, Vinyl, Wood
  • Foundation: Crawl Space, Slab
  • Stories: One Story, Two Story
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Refrigerator-Stays

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal
  • Heating And Air Cond: Window Units, Mini Split

Lot Info

  • Estimated Lot Size: 0.34
  • Estimated Lot Size: 100 x 150
  • Lot: Corner Lot, Not In Subdivision
  • Geo Subdivision: AR

Multi Family

  • Number Of One Bedroom Units: 3
  • Number Of Two Bedroom Units: 1
  • Number Units: 4

Tax Info

  • Annual Taxes: 623.9
  • Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2025
Closed on
Aug 22, 2025
Sold by
Willis Richard L and Willis Karli
Bought by
Brewer Rebecca
Seller's Agent
Jeffery Vaughn
ESQ. Realty Group - Hot Springs
Buyer's Agent
Clay Wilson
Trademark Real Estate, Inc.
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
Views
40
Current Estimated Value
$129,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,059
Avg. Annual Appreciation
-99.95%
Original Mortgage
$220,000
Outstanding Balance
$220,000
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
-$90,059

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 13, 2015
Sold by
Mcmahan Sharon and Hughes Robert Earl
Bought by
Hughes Robert Earl and Hughes Robbie
Seller's Agent
Bethel Sanders
Trademark Real Estate, Inc.
Buyer's Agent
Bethel Sanders
Trademark Real Estate, Inc.
Sold Price
$29,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.21%

Purchase Details

Closed on
Jul 18, 1994
Sold by
Not Provided
Bought by
Hughes Helen L and Hughes Robbie
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 Hot Springs Title
Administrators Deed $29,200 Lenders Title Company
Warranty Deed $33,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $220,000 -4.3% $88 / Sq Ft
07/17/2025 07/17/25 Price Changed $230,000 -8.0% $92 / Sq Ft
06/14/2025 06/14/25 For Sale $250,000 +756.2% $100 / Sq Ft
07/31/2015 07/31/15 Sold $29,200 -- $18 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

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 $624 $17,740 $2,240 $15,500
2023 $581 $17,740 $2,240 $15,500
2022 $538 $17,740 $2,240 $15,500
2021 $432 $9,460 $1,600 $7,860
2020 $432 $9,460 $1,600 $7,860
2019 $432 $9,460 $1,600 $7,860
2018 $432 $9,460 $1,600 $7,860
2017 $457 $9,460 $1,600 $7,860
2016 $493 $11,930 $2,400 $9,530
2015 $413 $11,930 $2,400 $9,530
2014 $379 $9,197 $1,116 $8,081
Source: Public Records

Agents Affiliated with this Home

  • Jeffery Vaughn

    Seller's Agent in 2025

    Jeffery Vaughn

    ESQ. Realty Group - Hot Springs

    (501) 293-1913

    85 Total Sales

    Jeffery Vaughn
    Section Image
  • Clay Wilson

    Buyer's Agent in 2025

    Clay Wilson

    Trademark Real Estate, Inc.

    (501) 620-3782

    107 Total Sales

    Clay Wilson
    Section Image
  • Bethel Sanders

    Seller's Agent in 2015

    Bethel Sanders

    Trademark Real Estate, Inc.

    (501) 282-3381

    129 Total Sales

    Bethel Sanders
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25023758

Cooperative Arkansas REALTORS® MLS

APN: 300-06836-000

Arkansas Garland County Hot Springs National Park 71913

939 Greenwood Ave, Hot Springs National Park, AR

This home is located at 939 Greenwood Ave, Hot Springs National Park, AR 71913 and is currently priced at $220,000, approximately $88 per square foot. This property was built in 1941. 939 Greenwood Ave is a home located in Garland County with nearby schools including Hot Springs World Class High School, Gospel Light Christian School, and St. John Elementary 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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