6-Unit Apartment
For Sale
$348,000
627 QUAPAW Avenue, Hot Springs, AR 71901
MULTI_FAMILY - Hot Springs, AR
Days on Market23
Property Features for 627 QUAPAW Avenue
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
7
Rooms
Bedroom 6, Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 3
Patio and Porch features
Deck, Porch
Exterior features
Deck, Porch, Storage Building, Covered
Appliances
Free-Standing Stove, Refrigerator Stays, Free-Standing Stove, Refrigerator Stays
Subdivision
HSR
Lot features
Corner Lot, In Subdivision, Level, Wooded
Elementary school district
Hot Springs
Middle school district
Hot Springs
High school district
Hot Springs
Directions
Central to Prospect to Quapaw
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Description
B98 L Pt 9&10
Tax Annual Amount
1743
Legal Description
B98 L Pt 9&10
Building Details
Year built
1930
Floors in Building
3
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Rix Realty - Advantage Team Realtors
(501) 205-1900
Listed By:
Chris Rix · License #00059757
(501) 627-4075
Added: Jul 8
Last Checked: Jul 30 at 11:06PM
MLS# 156295
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 offering is a 6-unit apartment building. The property has 1 set of meters, and tenants generally pay one total rent that includes utilities, with some instances where utility bills were divided among occupants. The building requires some maintenance, though it is described as being in decent shape. At the time of listing, the property was partially occupied. An additional lot behind the main structure also conveys with the sale.
Located on QUAPAW Avenue in Hot Springs, AR (Garland County), the property is described as being near shopping, dining, and a National Park trailhead, with adjacency to the downtown Historic District. The listing also notes limited information and access for additional verification.
For buyers or operators seeking a small, straightforward apartment building, the configuration and single-meter setup may simplify utility management, depending on how rents and utility charges are structured under current practices. Given the partially occupied status and the stated need for some maintenance, prospective purchasers should plan for inspection and due diligence to confirm condition and operating details before moving forward.
Located on QUAPAW Avenue in Hot Springs, AR (Garland County), the property is described as being near shopping, dining, and a National Park trailhead, with adjacency to the downtown Historic District. The listing also notes limited information and access for additional verification.
For buyers or operators seeking a small, straightforward apartment building, the configuration and single-meter setup may simplify utility management, depending on how rents and utility charges are structured under current practices. Given the partially occupied status and the stated need for some maintenance, prospective purchasers should plan for inspection and due diligence to confirm condition and operating details before moving forward.
Key Highlights
- 6‑unit apartment building built in 1930 with a composition roof
- Tenants generally pay one total rent including utilities; property has 1 set of meters
- Partially occupied at time of listing
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,493
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?
Apartment building - Six-unit multifamily property with one set of meters and an additional lot included.
Where is this apartment building located?
The property is located at 627 QUAPAW Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $348,000.
What are key features of this property?
This property features: 6‑unit apartment building built in 1930 with a composition roof; Tenants generally pay one total rent including utilities; property has 1 set of meters; Partially occupied at time of listing
