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Updated Quadplex with Value-Add Potential
For Sale
$200,000

124 Dawer Street, Hot Springs, AR 71913

Four-unit apartment property with mixed unit layouts, shared laundry, and partially completed rehabilitation work.

Property Size3,930 SF
Price / SF$50.89
Days on Market11

Property Features for 124 Dawer Street

General Information

Standard status Active
Size 3,930 SF
Property subtype Multi-family

Property Condition

Severity Repairs Needed
Evidence rehab started and await finishing touches

Units

Unit Mix 1 x 2/2, 1 x 2/1, 2 x 1/1
Multifamily Units 4

Amenities

common washer and dryer space
Listing Agency: Crossroads Realty Group
Listed By: Danielle Blair · License #PB00081398
Source: Heilesassociatesrealtors
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 31 at 5:16PM

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 Crossroads Realty Group

Investment Insights

Based on property information with market context.

This quadplex contains 3,930 square feet across four residential units with a mix of two-bedroom and one-bedroom layouts: one 2/2, one 2/1, and two 1/1 units. High ceilings contribute to the spacious interior feel, while tenants have access to a shared washer and dryer area. One unit and the common areas have received remodeling, including modern finishes, new HVAC systems, and electrical upgrades.

Rehabilitation has begun in the remaining units, which require completion of the unfinished work. The property is located at 124 Dawer Street in Hot Springs, Arkansas, with income currently being generated from the building.

Key Highlights

  • Four‑unit quadplex totaling 3,930 square feet
  • Unit mix includes one 2/2, one 2/1, and two 1/1 apartments
  • One unit and common areas have been remodeled

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Butcher 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,623
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four-unit apartment property with mixed unit layouts, shared laundry, and partially completed rehabilitation work.
Where is this quadplex located?
The property is located at 124 Dawer Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Four‑unit quadplex totaling 3,930 square feet; Unit mix includes one 2/2, one 2/1, and two 1/1 apartments; One unit and common areas have been remodeled
More about this property
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