$230,000
$20K PRICE DROP

939 Greenwood Ave Hot Springs National Park, AR 71913

Estimated payment $1,326/month

Total Views 1,378
-- Bed
-- Bath
2,490 Sq Ft
$92 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

Jeffery Vaughn

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

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: 92.37
  • 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

Map

Range of Values:

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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 $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

Property History

Date Event Price Change Sq Ft Price
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

Purchase History

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

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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 $230,000, approximately $92 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.

Nearby Homes
Jeffery Vaughn
Listing Agent
Jeffery Vaughn
Section Image
ESQ. Realty Group - Hot Springs
(501) 293-1913