Downtown Hot Springs
For Sale
$268,500
432 SPRING Street, Hot Springs, AR 71901
MULTI_FAMILY - Hot Springs, AR
Lot Size0.09 Acres
Days on Market68
Property Features for 432 SPRING Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 5
Subdivision
HSR
Elementary school district
Hot Springs
Middle school district
Hot Springs
High school district
Hot Springs
Directions
Central to Spring
Standard status
Active
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
B80 Lpt10
Tax Annual Amount
1202
Legal Description
B80 Lpt10
Building Details
Year built
1920
Listing Agency:
Rix Realty - Advantage Team Realtors
(501) 205-1900
Listed By:
Chris Rix · License #00059757
(501) 627-4075
Added: May 25
Changed: Jul 13
Last Checked: Jul 31 at 2:06AM
MLS# 155648
Copyright © 2026 Hot Springs Board of Realtors. 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 tri-plex is situated in a prime downtown location in Hot Springs, Arkansas, near the natural hot springs, trailheads, and the convention center. The property features separate metering for all utilities except water. Recent updates include a fire sprinkler system throughout the building and three mini-split air conditioning systems. The unit mix comprises two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The estimated yearly income is $38,100, with estimated taxes of $1,202, insurance estimated at $12,000, and estimated water/sewer/trash costs of $2,400. The lot size is 0.09 acres.
Key Highlights
- Tri‑plex built in 1920 with 5 bedrooms and 3 bathrooms across the units
- Multiple recent updates including a fire sprinkler system throughout and 3 mini‑split air systems
- 2 units are 2‑bedroom/1‑bath layouts, plus 1 unit that is 1‑bedroom/1‑bath
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Tri-plex near downtown Hot Springs with updated features.
Where is this triplex located?
The property is located at 432 SPRING Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $268,500.
What are key features of this property?
This property features: Tri‑plex built in 1920 with 5 bedrooms and 3 bathrooms across the units; Multiple recent updates including a fire sprinkler system throughout and 3 mini‑split air systems; 2 units are 2‑bedroom/1‑bath layouts, plus 1 unit that is 1‑bedroom/1‑bath
