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Three-Bedroom Residential Income Property
New
For Sale
$839,500

5000 Central Avenue, Hot Springs, AR 71913

Residential, Townhouse, Hot Springs, AR

Property Size2,122 SF
Price / SF$395.62
Days on Market5

Property Features for 5000 Central Avenue

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Laundry Room, Bathroom 3, Bedroom 3
Parking features Carport, Assigned
Patio and Porch features Patio, Porch
Interior features Wet Bar, Washer Connection, Dryer Connection-Electric, Window Treatments, Walk-In Closet(s), Built-Ins, Walk-in Shower, Breakfast Bar, Kit Counter- Granite Slab
Exterior features Patio, Porch, Boat Dock
Fireplace 1
Appliances Dishwasher, Disposal, Pantry, Refrigerator-Stays, Bar/Fridge, Ice Machine
Subdivision Hamilton Pointe HPR
Lot features Sloped, Lake Front, Waterfront
Directions Central Ave South to Hamilton Pointe on the right
Standard status Active
Size 2,122 SF

Taxes and HOA fees

Tax Description Blk 001 Lot A6 Hamilton Pointe
Tax Annual Amount 4273
HOA Fee $6,000 Annually
Legal Description Blk 001 Lot A6 Hamilton Pointe

Utilities

Water front 1

Amenities

wet bar
stone fireplace
large deck
side deck
covered boat slip
pool
clubhouse
gated
boardwalk

Building Details

Year built 1987
Floors in Building 2
Flooring type Tile
Roof type Shingle
Architectural style Other
Listing Agency: Hot Springs 1st Choice Realty
Listed By: Stephanie Collie · License #SA00085603
Added: Oct 1 Changed: Oct 2 Last Checked: Oct 5 at 12:06AM
MLS# 26039913

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 2,122-square-foot residential income property has three bedrooms and 3.5 bathrooms. The open floor plan includes a stone fireplace, wet bar with wine refrigerator and ice maker, and generous closet space. Interior features also include a granite-slab kitchen counter, breakfast bar, and walk-in shower. Built in 1987, the residence has a large deck and a side deck with steps leading to the lake.

The gated complex offers a pool, clubhouse, covered boat slip, and boardwalk along the water. Shaded lawn areas are also part of the grounds.

Key Highlights

  • 2,122 square feet with three bedrooms and 3.5 bathrooms
  • Covered boat slip and side‑deck steps to the lake
  • Complex includes a pool, clubhouse, and boardwalk along the water

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Building Supply Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Bakery

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - A side deck connects to lake access, and the property includes a covered boat slip.
Where is this residential income property located?
The property is located at 5000 Central Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $839,500.
What are key features of this property?
This property features: 2,122 square feet with three bedrooms and 3.5 bathrooms; Covered boat slip and side‑deck steps to the lake; Complex includes a pool, clubhouse, and boardwalk along the water
More about this property
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