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Updated Triplex with Off-Street Parking

1509 S Main Street Hope, AR 71801

1509 S Main Street, Hope, AR, 71801
$255,000
For Sale
Claim this Listing
$255,000

MULTI_FAMILY - Hope, AR

Property Size1,928 SF
Lot Size0.50 Acres
Price / SF$132.26
AddedMay 27
Days on Market51
Last RefreshJul 16 at 4:06 am

Property Features for 1509 S Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Carport, Garage
Appliances
Free-Standing Stove, Refrigerator-Stays, Free-Standing Stove, Refrigerator-Stays
Standard status
Active
APN
700-05418-000
Size
1,928 SF
Lot size
0.50 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
see attachment
Tax Annual Amount
436

Building Details

Year built
1950
Floors in Building
1
Number of units
3
Flooring type
Wood
Roof type
Composition
Architectural style
Other

Listing agent Lindsey Townsend

Listing office Lance & Associates Real Estate 411 W Ave C POB 735, Hope, AR

Listing date May 27, 2026

MLS# 26021345 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.


Investment Insights

Based on property information with market context.

This for-sale triplex is a residential income property built in 1950 and totals approximately 1,928 square feet. The property includes three separate 1-bedroom, 1-bathroom units that have been updated throughout. Unit #1 features two beds configured like a hotel room and includes a wood ramp, a full-sized refrigerator, and an electric stove. Unit #2 includes concrete steps, a dorm-sized refrigerator, and an electric stove. Unit #3 includes a metal ramp and a full-sized refrigerator and electric stove. The garage has been converted into an owner’s closet and laundry room, and the property is noted as fully furnished.

The triplex sits on approximately 0.50 acres at 1509 S Main Street in Hope, Arkansas (Hempstead County). The property includes approximately nine parking spaces and is served by HWL utilities with 3 meters. Parcel information is listed as 700-05418-000, and STR 33-12-24 is referenced in the remarks.

As of the print date of the listing remarks, the property was previously rented, and Unit #1 is currently rented. Financials are available upon request for qualified buyers.

Key Highlights

  • Triplex investment property built in 1950 at 1509 South Main Street, Hope, AR 71801
  • 0.50‑acre lot (144x175) with 1,928 total SF and approximately 9 parking spaces
  • 3 units total, each a 1 bed / 1 bath, and all currently described as updated throughout

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Triplex investment property with three 1-bedroom units, updated interiors, and approximately nine parking spaces.
Where is this triplex located?
The property is located at 1509 S Main Street Hope, AR.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Triplex investment property built in 1950 at 1509 South Main Street, Hope, AR 71801; 0.50‑acre lot (144x175) with 1,928 total SF and approximately 9 parking spaces; 3 units total, each a 1 bed / 1 bath, and all currently described as updated throughout
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