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M1-Zoned Duplex
New
For Sale
$39,000

111 SHADOW Terrace, Hot Springs, AR 71901

Multi-Family, Traditional, Hot Springs, AR

Property Size2,000 SF
Lot Size0.22 Acres
Price / SF$19.50
Days on Market3

Property Features for 111 SHADOW Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Appliances Free-Standing Stove, Free-Standing Stove
Subdivision Forest Park
Lot features Sloped
Directions From Central Ave, go east on W Maurice St to right on Charter Oak St. to left on Forest Park Pl. to left on Shadow Terrace. Subject on the left.
Standard status Active
Size 2,000 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description SUBD:FOREST PARK SEC/TWN/RNG/M
Tax Annual Amount 423
Legal Description SUBD:FOREST PARK SEC/TWN/RNG/M

Building Details

Year built 1938
Floors in Building 2
Number of units 2
Flooring type Wood
Roof type Composition
Architectural style Other
Listing Agency: Crossroads Realty Group
Listed By: Danielle Blair
Added: Oct 27 Last Checked: Oct 29 at 10:06AM
MLS# 26043349

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,000-square-foot duplex was built in 1938 and sits on a 0.22-acre lot. The building has wood flooring and a composition roof, which has been replaced. Improvements are needed throughout the property.

The property is situated between downtown Hot Springs and Oaklawn. M1 zoning applies to the site.

Key Highlights

  • 2,000‑square‑foot duplex on a 0.22‑acre lot
  • M1 zoning
  • New composition roof

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property has a composition roof and wood flooring within its two-unit residential layout.
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 $39,000.
What are key features of this property?
This property features: 2,000‑square‑foot duplex on a 0.22‑acre lot; M1 zoning; New composition roof
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