Renovated Residential Income
For Sale
$375,000
5371 Central Avenue, Hot Springs, AR 71913
Residential, Hot Springs, AR
Property Size1,200 SF
Price / SF$312.50
Days on Market40
Property Features for 5371 Central Avenue
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking features
Assigned
Interior features
Wet Bar, Washer Connection, Dryer Connection-Electric, Breakfast Bar
Fireplace
1
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal
Subdivision
EMERALD ISLE HPR
Lot features
Level, Resort Property, Lake View
Directions
South on Central Ave left into Emerald Isle
Standard status
Active
Size
1,200 SF
Taxes and HOA fees
Tax Description
STR: 31-03S-19W
Tax Annual Amount
2627
HOA Fee
$275 Monthly
Legal Description
STR: 31-03S-19W
Amenities
tennis courts
playground
clubhouse
gated entry
Building Details
Year built
1986
Flooring type
Laminate
Listing Agency:
McGraw Realtors - HS
(501) 881-3331
Listed By:
Karen Hudspeth · License #SA00086588
(870) 344-0123
Added: Aug 3
Changed: Sep 6
Last Checked: Sep 11 at 2:06PM
MLS# 26032807
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 1,200-square-foot, two-bedroom, two-bath residential income property is located within the gated Emerald Isle community at 5371 Central Avenue. Built in 1986, the condo has been extensively renovated with an open kitchen, granite countertops, widened breakfast bar, pendant lighting, open shelving, laminate flooring, and an electric fireplace. Additional interior features include a wet bar, washer connection, electric dryer connection, and supplied kitchen appliances.
Community amenities include tennis courts, a playground, clubhouse, and gated entry. The property is situated near Lake Hamilton, and a boat dock is available through a yearly lease. The current dock lease remains in effect through April 2027. Assigned parking is included.
Community amenities include tennis courts, a playground, clubhouse, and gated entry. The property is situated near Lake Hamilton, and a boat dock is available through a yearly lease. The current dock lease remains in effect through April 2027. Assigned parking is included.
Key Highlights
- 1,200‑square‑foot condo with 2 bedrooms and 2 bathrooms
- Extensively renovated interior with open kitchen and granite countertops
- Electric fireplace, wet bar, breakfast bar, and laminate flooring
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated condo with an open kitchen, electric fireplace, assigned parking, and access to gated community amenities.
Where is this residential income property located?
The property is located at 5371 Central Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,200‑square‑foot condo with 2 bedrooms and 2 bathrooms; Extensively renovated interior with open kitchen and granite countertops; Electric fireplace, wet bar, breakfast bar, and laminate flooring
