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Quadplex with Three 1-Bedrooms

118 Garland Ave, Hot Springs, AR 71913

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For Sale

$299,000

MULTI_FAMILY - Hot Springs, AR

Property size:

2,021 SF

Lot size:

0.16 Acres

Price / SF:

$147/SF

HighLights

Income‑producing quadplex in Hot Springs, AR with 4 total units
Unit mix: three 1‑bedroom, 1‑bath units plus one efficiency unit
Separate electric meters for each unit; gas and water are on a shared meter
Year built 1939 with Craftsman architectural style
Appliances include gas range; flooring includes ceramic and laminate
Roof type: shingle

We can help!

Contact an agent

Karina Alvarez

For Sale

$299,000

MULTI_FAMILY - Hot Springs, AR

Property size:

2,021 SF

Lot size:

0.16 Acres

Price / SF:

$147/SF

Added:: Apr 10, 2026
Days on Market:: 79
Last Refresh:: Jun 27 at 4:06 pm

Property Features for 118 Garland Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Appliances: Gas Range, Gas Range
Standard status: Active
APN: 400-14350-016-000
Size: 2,021 SF
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: BLK 2 PT LOT 3
Tax Annual Amount: 666

Building Details

Year built: 1939
Floors in Building: 2
Number of units: 4
Flooring type: Ceramic, Laminate
Roof type: Shingle
Architectural style: Craftsman

We can help!

Contact an agent

Karina Alvarez

Listing agent Karina Alvarez

Listing office Signature Homes Real Estate 610 Hobson Ave., Hot Springs, AR

Listing date Apr 10, 2026

MLS# 26014055 Listing URL

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Income‑producing quadplex in Hot Springs, AR with 4 total units
Unit mix: three 1‑bedroom, 1‑bath units plus one efficiency unit
Separate electric meters for each unit; gas and water are on a shared meter
Year built 1939 with Craftsman architectural style
Appliances include gas range; flooring includes ceramic and laminate
Roof type: shingle

Overview

This for-sale quadplex contains four residential units on a 0.16-acre lot. The property’s rental mix includes three 1-bedroom, 1-bath units and one efficiency unit. Each unit is separately metered for electricity, so tenants can cover their own electric usage, while gas and water are provided through shared meters.

Located in Hot Springs, Arkansas, the property is described as being near downtown, with convenient access to local shopping, dining, entertainment, and area attractions.

The configuration supports a flexible leasing approach for operators seeking to manage both 1-bedroom households and smaller-efficiency renters within the same building. With utilities structured through individual electric metering and shared gas and water, the property can be easier to administer from a tenant billing perspective while still offering varied unit types for prospective residents.

Property Profile Location Intelligence

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Local Demand

City: Hot Springs
County: Garland
State: Arkansas
Longitude: -93.057208
Latitude: 34.499929

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For sale
Quadplexes
AR
Hot Springs
71913
118 Garland Ave

What type of property is this?

Quadplex - Four-unit quadplex features separate electric meters and a unit mix of three 1-bedrooms plus one efficiency.

Where is this quadplex located?

The property is located at 118 Garland Ave Hot Springs, AR.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: Income‑producing quadplex in Hot Springs, AR with 4 total units; Unit mix: three 1‑bedroom, 1‑bath units plus one efficiency unit; Separate electric meters for each unit; gas and water are on a shared meter

118 Garland Ave, Hot Springs, AR 71913

MULTI_FAMILY - Hot Springs, AR

Property Features for 118 Garland Ave

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Historic Bed-and-Breakfast on 5.41 Acres

Versatile Commercial Property in Hot Springs

Historic Hot Springs Bed & Breakfast

Hot Springs Commercial Property For Sale

Office Building with Large Parking Lot

Turnkey Cabin Rental Property

Multifamily Property with Duplexes

Duplex Portfolio with Single-Family Home

Turnkey Furnished Cabin Portfolio

Downtown Hot Springs Mixed-Use Building

Turnkey Duplex with Private Entrances

Hot Springs Commercial Investment Opportunity

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