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Multifamily Property with Barn
For Sale
$1,700,000

468 ROCKDALE ROAD, Hot Springs, AR 71901

Commercial / Industrial, Traditional, Hot Springs, AR

Property Size6,396 SF
Lot Size12.00 Acres
Price / SF$265.79
Days on Market234

Property Features for 468 ROCKDALE ROAD

General Information

Property type Residential Multi Family
Property subtype Other
Interior features Window Treatments
Exterior features Storage Building, Additional Outbuildings
Lot features Sloped, Rural Property, Not in Subdivision, Out of City, River/ Lake Area, Down Slope, Country Setting, Farm - Horse/ Animal, Field/ Pasture
Directions FROM LITTLE ROCK TAKE EXIT 111 OFF OF I-30 TOWARDS HOT SPRINGS ONTO HWY 70 TO THE NEW BYPASS TOWARDS HSV TO RIGHT AT ROUND-A-BOUT TO LEFT ON ROCKDALE. PROPERTY IS APPROX 1 MILE ON THE RIGHT.
Subdivision FOUNTAIN LAKE S.D. (Outside HSV)
Standard status Active
Size 6,396 SF
Lot size 12.00 Acres

Taxes and HOA fees

Tax Description Sec 06 Twp 02S Rng 18W
Tax Annual Amount 2000
Legal Description Sec 06 Twp 02S Rng 18W

Amenities

stocked pond
multi-bay shop
detached garage
six-stall barn
workshop

Building Details

Year built 2014
Flooring type Vinyl
Architectural style Other
Additional Structures Storage, Outbuilding
Listing Agency: Baxley-Penfield-Moudy Realtors
Listed By: Greg Calaway
Added: Feb 6 Changed: Sep 3 Last Checked: Sep 28 at 6:06AM
MLS# 26005066

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 multifamily property in Hot Springs, Arkansas, includes six or more rental units with varied configurations. The residences include a two-bedroom, one-bath farmhouse, two two-bedroom, two-bath units, and three three-bedroom, two-bath mobile homes. The property contains 6,396 square feet and was built in 2014.

Agricultural and utility improvements add significant functionality across the 12-acre site. A six-stall barn includes Dutch doors and dedicated flooring, while an attached workshop supports farrier work, tool repairs, and other projects. Additional improvements include a large multi-bay shop, detached garage, storage building, and other outbuildings. A stocked pond and landscaped grounds are also located on the property at 468 Rockdale Road in Hot Springs, Garland County.

Key Highlights

  • Six or more rental units with varied bedroom and bath configurations
  • 12‑acre property with 6,396 square feet
  • Six‑stall barn with Dutch doors and dedicated flooring

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Electrical Service Plumbing Service Storage Facility

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

29
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Twelve-acre property with multiple rental residences, agricultural improvements, a stocked pond, and substantial storage facilities.
Where is this apartment building located?
The property is located at 468 ROCKDALE ROAD Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Six or more rental units with varied bedroom and bath configurations; 12‑acre property with 6,396 square feet; Six‑stall barn with Dutch doors and dedicated flooring
More about this property
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