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Duplex Renovation Project
For Sale
$55,000

111 Shadow Terrace, Hot Springs, AR 71901

Two-unit residential property with a newer roof and renovation needs near public transportation.

Property Size2,048 SF
Price / SF$26.86
Days on Market175

Property Features for 111 Shadow Terrace

General Information

Standard status Active
Size 2,048 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

No
1
2
Appraiser
Other,Near Public Transit
10900
2048

Building Details

Building Size 2,048 SF
Year Built 1938
Stories 2
Listing Agency: Staples Sotheby's International Realty
Listed By: Gerry Mccurry
Source: Garygreene
Added: Feb 11 Changed: Aug 5 Last Checked: Aug 5 at 4:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Staples Sotheby's International Realty

Investment Insights

Based on property information with market context.

This duplex contains 2,048 square feet and was built in 1938. The property is positioned as a renovation project, with the existing two-unit configuration providing a defined residential layout for a buyer evaluating improvements. A newer roof is among the documented updates.

The property is located in Hot Springs between Oaklawn and downtown, with public transportation nearby. Its central setting and established building footprint provide the key physical and locational facts for assessing a renovation plan.

Key Highlights

  • Duplex configuration with 2,048 SF
  • Renovation project suited to an experienced investor or contractor
  • Newer roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Auto Parts Store Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,497
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two-unit residential property with a newer roof and renovation needs near public transportation.
Where is this duplex located?
The property is located at 111 Shadow Terrace Hot Springs, AR.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Duplex configuration with 2,048 SF; Renovation project suited to an experienced investor or contractor; Newer roof
More about this property
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