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Quadplex with Updated Units
For Sale
$200,000

124 Dawer Street, Hot Springs, AR 71913

MULTI_FAMILY - Hot Springs, AR

Property Size3,930 SF
Lot Size0.22 Acres
Price / SF$50.89
Days on Market146

Property Features for 124 Dawer Street

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Porch
Interior features Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Washer/Dryer-Comm. In, Hot Water Heater-Electric, Smoke Detector, Balcony/Loft, Fan - Ceiling, Some Units
Exterior features Covered, Porch
Appliances Free-Standing Stove, Electric Range, Refrigerator-Stays, Free-Standing Stove, Electric Range, Refrigerator-Stays
Subdivision Dawers
Lot features Corner Lot, In Subdivision
Directions From Hot Springs Board of Realtors, turn right onto Orange St., turn right onto Central Ave., turn right onto Hagen St., turn right onto Dawer St., property will be on the left.
Standard status Active
Size 3,930 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description SUBD:DAWER'S SUB SEC/TWN/RNG/M
Tax Annual Amount 1150
Legal Description SUBD:DAWER'S SUB SEC/TWN/RNG/M

Amenities

common laundry

Building Details

Year built 1939
Floors in Building 2
Number of units 4
Flooring type Wood, Vinyl
Roof type Composition
Architectural style Victorian
Listing Agency: Crossroads Realty Group
Listed By: Danielle Blair · License #PB00081398
Added: Mar 20 Changed: Aug 5 Last Checked: Aug 12 at 7:06AM
MLS# 26010798

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.

Investment Insights

Based on property information with market context.

This quadplex contains four apartments in a Victorian-style building constructed in 1939. Unit layouts include a 2/2, 2/1, 1/1, and 1/1. One unit and shared common areas have been updated and remodeled, including new HVAC systems and upgraded electrical. The remaining units have rehab started and are awaiting finishing touches.

Residents share a common washer and dryer area. Interiors include features such as washer and dryer connections and electric hot water. Flooring includes vinyl and wood, and select units offer a balcony/loft setting.

Outdoor space includes covered areas and a porch. The building is supported by a composition roof. Total lot size is 0.22 acres, with 3,930 square feet of property size reported.

Key Highlights

  • Four‑unit quadplex with layouts 2/2, 2/1, 1/1, and 1/1
  • One unit and common areas updated and remodeled with new HVAC and upgraded electrical
  • Remaining units have rehab started and awaiting finishing touches

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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex with some updated units and shared washer and dryer space, built in 1939.
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 with layouts 2/2, 2/1, 1/1, and 1/1; One unit and common areas updated and remodeled with new HVAC and upgraded electrical; Remaining units have rehab started and awaiting finishing touches
More about this property
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