Seven-Unit Renovated Duplex
For Sale
$1,899,999
100-107 CALLI Lane, Hot Springs, AR 71913
MULTI-FAMILY, Traditional, Hot Springs, AR
Property Size17,097 SF
Price / SF$111.13
Days on Market83
Property Features for 100-107 CALLI Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
40
Rooms
Bedroom 17, Bedroom 16, Bedroom 25, Bedroom 7, Bedroom 35, Bedroom 23, Bedroom 32, Bedroom 6, Bedroom 20, Bedroom 27, Bedroom 28, Bedroom 22, Bedroom 5, Bedroom 15, Bedroom 9, Bedroom 34, Bedroom 13, Bedroom 4, Bedroom 14, Bedroom 38, Bedroom 10, Bedroom 33, Bedroom 39, Bedroom 2, Bedroom 3, Bedroom 11, Bedroom 31, Bedroom 18, Bedroom 19, Bedroom 8, Bedroom 24, Bedroom 36, Bedroom 21, Bedroom 37, Bedroom 29, Bedroom 12, Bedroom 40, Bedroom 1, Bedroom 30, Bedroom 26
Interior features
Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Washer Connection, Fan-Ceiling
Exterior features
Partially Fenced, Guttering, Storage Building
Fencing
Partial
Appliances
Disposal, Dishwasher, Electric Range, Free-Standing Stove, Refrigerator Stays, Disposal, Dishwasher, Electric Range, Free-Standing Stove, Refrigerator Stays
Lot features
Not in Subdivision
Elementary school district
Hot Springs
Middle school district
Hot Springs
High school district
Hot Springs
Directions
From Central Ave., turn on Buena Vista, right on Aberina Street and left onto Calli Lane
Subdivision
HOT SPRINGS
Standard status
Active
Size
17,097 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
see legal description in online docs
Tax Annual Amount
12000
Legal Description
see legal description in online docs
Building Details
Year built
2001
Floors in Building
1
Number of units
7
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
ESQ. Realty Group
(501) 255-0509
Listed By:
J. J. Tucker · License #SA00081227
(501) 940-1381
Added: Jul 19
Changed: Oct 8
Last Checked: Oct 9 at 9:06AM
MLS# 155185
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 multifamily property includes seven duplex buildings totaling 17,097 square feet. The unit mix comprises six 3BR/2BA residences and one 2BR/2BA residence with a garage. Built in 2001, the property has received extensive updates, including new roofs on all seven buildings in 2023, updated appliances, central heat and air systems, flooring, fixtures, and other interior improvements. All units are occupied, and tenants pay their own utilities.
Property features include electric washer and dryer connections, ceiling fans, electric water heaters, smoke detectors, partial fencing, guttering, and a storage building. The location is immediately behind the Central Avenue Walmart and near Lake Hamilton, shopping, restaurants, and other Hot Springs amenities. The property is located at 100-107 Calli Lane in Hot Springs, Arkansas.
Property features include electric washer and dryer connections, ceiling fans, electric water heaters, smoke detectors, partial fencing, guttering, and a storage building. The location is immediately behind the Central Avenue Walmart and near Lake Hamilton, shopping, restaurants, and other Hot Springs amenities. The property is located at 100-107 Calli Lane in Hot Springs, Arkansas.
Key Highlights
- Seven duplex buildings with 17,097 square feet total
- Unit mix includes six 3BR/2BA units and one 2BR/2BA unit with a garage
- New roofs installed on all seven buildings in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,917
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,258,340
$2.3M
Cap Rate 7%
$1,613,100
$1.6M
Cap Rate 9%
$1,254,633
$1.3M
Market Conditions
NOI Build-Up for 17,097 SF
Gross rent
$174.4K $10.20/SF
− Vacancy
−$13.1K −$0.77/SF
EGI
$161.3K $9.44/SF
− OpEx
−$48.4K −$2.83/SF
NOI
$112.9K $6.60/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,258,340
Cap Rate 7%
$1,613,100
Cap Rate 9%
$1,254,633
Alternative Uses
Best Use
Multifamily LT 5
$1.61M
$1.41M – $1.88M
NOI $112,917 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$1.51M
$1.32M – $1.76M
NOI $105,506 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $218,869 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
7
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex package with updated systems, tenant-paid utilities, and a mix of three- and two-bedroom layouts.
Where is this duplex located?
The property is located at 100-107 CALLI Lane Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,899,999.
What are key features of this property?
This property features: Seven duplex buildings with 17,097 square feet total; Unit mix includes six 3BR/2BA units and one 2BR/2BA unit with a garage; New roofs installed on all seven buildings in 2023
