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Four-Unit Quadplex with Mixed Layouts

118 Garland Ave, Hot Springs, AR 71913

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For Sale

$289,000

MULTI_FAMILY - Hot Springs, AR

Property size:

2,021 SF

Lot size:

0.16 Acres

Price / SF:

$142/SF

We can help!

Contact an agent

Karina Alvarez

HighLights

Income‑producing quadplex in Hot Springs, AR with 4 total units: three 1‑bed, 1‑bath units plus one efficiency unit
Separate electric meters for each unit, with gas and water on a shared meter
Each unit includes gas cooking (gas range) and has laminate and ceramic flooring
Built in 1939 with a Craftsman architectural style
Shingle roof

For Sale

$289,000

MULTI_FAMILY - Hot Springs, AR

Property size:

2,021 SF

Lot size:

0.16 Acres

Price / SF:

$142/SF

Added:: Apr 10, 2026
Days on Market:: 88
Last Refresh:: Jul 6 at 5:06 pm

Property Features for 118 Garland Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Appliances: Gas Range, Gas Range
Standard status: Active
APN: 400-14350-016-000
Size: 2,021 SF
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: BLK 2 PT LOT 3
Tax Annual Amount: 666

Building Details

Year built: 1939
Floors in Building: 2
Number of units: 4
Flooring type: Laminate, Ceramic
Roof type: Shingle
Architectural style: Craftsman

We can help!

Contact an agent

Karina Alvarez

Listing agent Karina Alvarez

Listing office Signature Homes Real Estate 610 Hobson Ave., Hot Springs, AR

Listing date Apr 10, 2026

MLS# 26014055 Listing URL

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.

HighLights

Income‑producing quadplex in Hot Springs, AR with 4 total units: three 1‑bed, 1‑bath units plus one efficiency unit
Separate electric meters for each unit, with gas and water on a shared meter
Each unit includes gas cooking (gas range) and has laminate and ceramic flooring
Built in 1939 with a Craftsman architectural style
Shingle roof

Overview

This income-producing quadplex offers four total rental units: three 1-bedroom, 1-bath units and one efficiency unit. Each unit has separate electric metering, so tenants can cover their own electricity usage. Gas and water are on a shared meter, which can simplify utility management compared with fully separate billing. The building’s unit mix and configuration are well suited for operational flexibility, whether the focus is long-term rentals or short- to mid-term stays depending on an owner’s strategy.

The property is located in Hot Springs, AR at 118 Garland Ave. It is described as being near downtown Hot Springs, providing convenient access to local shopping, dining, entertainment, and area attractions.

For buyers and operators looking for a small multi-family asset, this four-unit setup offers a practical mix of unit types under one roof. The separately metered electricity arrangement can help reduce owner administration around electric charges, while the combination of 1-bedroom and efficiency layouts may appeal to a broader range of tenants than a single-unit type approach.

Property Profile Location Intelligence

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Local Demand

City: Hot Springs
County: Garland
State: Arkansas
Longitude: -93.057208
Latitude: 34.499929

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For sale
Quadplexes
AR
Hot Springs
71913
118 Garland Ave

What type of property is this?

Quadplex - Quadplex with three 1-bedroom units plus one efficiency, with separately metered electricity for each unit.

Where is this quadplex located?

The property is located at 118 Garland Ave Hot Springs, AR.

What is the asking price?

The asking price for this property is $289,000.

What are key features of this property?

This property features: Income‑producing quadplex in Hot Springs, AR with 4 total units: three 1‑bed, 1‑bath units plus one efficiency unit; Separate electric meters for each unit, with gas and water on a shared meter; Each unit includes gas cooking (gas range) and has laminate and ceramic flooring

118 Garland Ave, Hot Springs, AR 71913

MULTI_FAMILY - Hot Springs, AR

Property Features for 118 Garland Ave

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Historic Bed-and-Breakfast on 5.41 Acres

Versatile Commercial Property in Hot Springs

Historic Hot Springs Bed & Breakfast

Hot Springs Commercial Property For Sale

Office Building with Large Parking Lot

Turnkey Cabin Rental Property

Multifamily Property with Duplexes

Duplex Portfolio with Single-Family Home

Turnkey Furnished Cabin Portfolio

Downtown Hot Springs Mixed-Use Building

Turnkey Duplex with Private Entrances

Hot Springs Commercial Investment Opportunity

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