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Historic Downtown Duplex with Terraces
For Sale
$1,414,350

121 Exchange Street, Hot Springs, AR 71901

Residential, Hot Springs, AR

Property Size3,143 SF
Price / SF$450
Days on Market48

Property Features for 121 Exchange Street

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1, Bonus Room, Den, Bathroom 2, Laundry Room, Bedroom 2
Parking features Garage
Patio and Porch features Deck, Patio
Interior features Washer Connection, Dryer Connection-Electric, Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Kit Counter-Other
Exterior features Patio, Deck
Fireplace 1
Appliances Built-In Stove, Double Oven, Microwave, Electric Range, Surface Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
Subdivision HSR BLK
Lot features Mountain View
Directions North on Central Ave to left onto Interior Ct to right onto Exchange St to 121 Exchange on the right
Standard status Active
Size 3,143 SF

Taxes and HOA fees

Tax Description HSR BLK 88
Tax Annual Amount 9999999
Legal Description HSR BLK 88

Amenities

private patio
rooftop terrace

Building Details

Year built 1893
Flooring type Wood, Tile
Additional Structures Other
Listing Agency: Meyers Realty Company
Listed By: Sarah Bentley
Added: Jul 29 Changed: Sep 14 Last Checked: Sep 14 at 12:06PM
MLS# 26030901

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.

Investment Insights

Based on property information with market context.

This 3,143-square-foot duplex dates to 1893 and combines historic architectural elements with custom interior finishes. The layout includes three bedrooms, three bathrooms, a den, bonus room, laundry area, and office or flex space. Interior details include exposed brick, arched windows, 14-foot ceilings, handmade woodwork, copper accents, tile, and wood flooring. A fireplace, kitchen appliances, garage, patio, deck, and rooftop terrace add functional and recreational features.

Situated in downtown Hot Springs on Exchange Street, the property is positioned near historic Bathhouse Row and includes views toward Bathhouse Row and the surrounding mountains. Its location within the Opportunity District supports the source-described possibility of residential or business use.

Key Highlights

  • 3,143‑square‑foot duplex built in 1893
  • Three bedrooms and three bathrooms with den, bonus room, and office or flex space
  • 14‑foot ceilings, exposed brick wall, arched windows, and custom woodwork

Property Analytics

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Current Use

Chili cook-off Event Planning

Suggested Use

Top Pick Storage Facility Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,064
Businesses Nearby

Demographics for 71901, AR

29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Flexible property with residential rooms, office space, and an Opportunity District setting near Bathhouse Row.
Where is this duplex located?
The property is located at 121 Exchange Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,414,350.
What are key features of this property?
This property features: 3,143‑square‑foot duplex built in 1893; Three bedrooms and three bathrooms with den, bonus room, and office or flex space; 14‑foot ceilings, exposed brick wall, arched windows, and custom woodwork
More about this property
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