Remodeled Duplex Income
For Sale
$299,900
12 Emanuel Drive, Hot Springs Village, AR 71909
Interior upgrades include refreshed bathrooms, a modernized kitchen, and a stone fireplace.
Property Size1,852 SF
Price / SF$161.93
Days on Market96
Property Features for 12 Emanuel Drive
General Information
Standard status
Active
Size
1,852 SF
Property subtype
Condo/Townhse/Duplex/Apt
Building Details
Year Built
1991
Stories
1
Construction
townhome/duplex
Listing Agency:
Taylor Realty Group HSV
(501) 463-9506
Listed By:
Janette Carter
(501) 209-5347
Source:
Dustinwhiterealty
Added: Jul 31
Changed: Oct 31
Last Checked: Nov 3 at 6:56AM
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 Taylor Realty Group HSV
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,852-square-foot, single-story townhome/duplex was built in 1991 and has been remodeled throughout. Interior work includes 22-mil LVP flooring, carpet in the primary bedroom, smooth ceilings, updated lighting, four ceiling fans, and a refreshed stone fireplace. The kitchen has a new oven/range, microwave, dishwasher, sink, and disposal, along with a breakfast area. A separate dining room offers another indoor gathering space.
Both bathrooms have updated quartz countertops, vanities, sinks, mirrors, and faucets. The primary bath features a glass-enclosed walk-in shower, while the second bath has a tub with tile shower. The laundry room includes a newer washer and dryer, with additional room for a refrigerator, freezer, or office nook. A new roof was installed in March 2026, and the deck has been updated and painted.
Both bathrooms have updated quartz countertops, vanities, sinks, mirrors, and faucets. The primary bath features a glass-enclosed walk-in shower, while the second bath has a tub with tile shower. The laundry room includes a newer washer and dryer, with additional room for a refrigerator, freezer, or office nook. A new roof was installed in March 2026, and the deck has been updated and painted.
Key Highlights
- 1,852‑square‑foot single‑story townhome/duplex
- Interior remodeled with 22‑mil LVP flooring and new carpet in the primary bedroom
- Kitchen includes a new oven/range, microwave, dishwasher, sink, and disposal
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,429
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,580
$228.6K
Cap Rate 7%
$163,271
$163.3K
Cap Rate 9%
$126,989
$127.0K
Market Conditions
NOI Build-Up for 1,852 SF
Gross rent
$22.2K $12.00/SF
− Vacancy
−$1.4K −$0.78/SF
EGI
$20.8K $11.22/SF
− OpEx
−$9.4K −$5.05/SF
NOI
$11.4K $6.17/SF
Area
Garland County, AR
Vacancy
6.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,580
Cap Rate 7%
$163,271
Cap Rate 9%
$126,989
Alternative Uses
Best Use
Apartment 5plus
$163.3K
$142.9K – $190.5K
NOI $11,429 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.7K
$296.4K – $395.2K
NOI $23,709 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Interior upgrades include refreshed bathrooms, a modernized kitchen, and a stone fireplace.
Where is this residential income property located?
The property is located at 12 Emanuel Drive Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,852‑square‑foot single‑story townhome/duplex; Interior remodeled with 22‑mil LVP flooring and new carpet in the primary bedroom; Kitchen includes a new oven/range, microwave, dishwasher, sink, and disposal
