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Duplex with Water Views
For Sale
$290,000

124 Waterfall Court, Hot Springs National Park, AR 71913

CONDOS - Hot Springs National Park, AR

Property SizeContact for details
Lot Size0.21 Acres
Days on Market45

Property Features for 124 Waterfall Court

General Information

Property type Residential
Property subtype Duplex
Bedrooms 4
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 5, Bathroom 6, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3
Patio and Porch features Deck
Interior features Water Heater-Electric, Ceiling Fan(s)
Exterior features Deck
Appliances Microwave, Surface Range, Refrigerator-Stays, Ice Maker Connection
Subdivision RIDGE AT LIGHT HOUSE COVE
Lot features Cul-de-sac, River/ Lake Area, Lake View
Elementary school Lakeside
Middle school Lakeside
High school Lakeside
Directions South on Central Avenue to left on Hwy 290, Left on Hwy 171 left into diamondhead to Waterfall Ct., Duplex is in the cull de sac.
Standard status Active
APN 200-54975-008-001
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description Lot 10 Ridge at Light House
Tax Annual Amount 1586
Legal Description Lot 10 Ridge at Light House

Building Details

Year built 2023
Floors in Building 2
Flooring type Tile
Roof type Flat
Architectural style Bungalow
Listing Agency: Trademark Real Estate, Inc.
Listed By: Olga Ward
Added: Jun 22 Changed: Aug 4 Last Checked: Aug 5 at 7:06PM
MLS# 26025224

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 2023-built duplex contains two separate units, each arranged across two levels. The lower floor includes an open kitchen and living area with a half bath, while the upper floor is reached through an exterior entry and contains two private bedroom suites. Each suite has a full bathroom and its own separate entrance, creating distinct spaces for residents, guests, or short-term rental use. Interior features include tile flooring, electric water heaters, and ceiling fans, with appliances including microwaves, surface ranges, refrigerators, and ice maker connections. Each unit also includes a deck.

The property sits on 0.21 acres in the Diamondhead community of Hot Springs National Park, with scenic water views and access to community amenities. Its bungalow-style design and two-unit configuration provide a defined residential income property format with multiple occupancy options.

Key Highlights

  • Two‑unit duplex with each unit configured across two levels
  • Each unit includes two private bedroom suites with full bathrooms
  • Separate exterior entries serve the upper‑level bedroom suites

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Restaurant Law Firm Spa & Massage Center Real Estate Agency Nail Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

21
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?
Duplex - Built in 2023, the property offers private bedroom suites, separate exterior entries, and a layout suited to flexible occupancy.
Where is this duplex located?
The property is located at 124 Waterfall Court Hot Springs National Park, AR.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑unit duplex with each unit configured across two levels; Each unit includes two private bedroom suites with full bathrooms; Separate exterior entries serve the upper‑level bedroom suites
More about this property
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