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Duplex With Private Suites
For Sale
$290,000

124 Waterfall Court, Hot Springs National Park, AR 71913

Residential, Bungalow/Cottage, Hot Springs National Park, AR

Property SizeContact for details
Lot Size0.21 Acres
Days on Market91

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 4, Bathroom 5, Bathroom 6, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
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: Sep 13 Last Checked: Sep 20 at 3:06PM
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.

Built in 2023, this bungalow-style duplex sits on 0.21 acres in the Diamondhead community. Each unit places an open kitchen and living area with a half bath on the lower level, while the upper level contains two private bedroom suites. Exterior access serves the upper spaces, and each suite includes a full bathroom and separate entrance, creating a layout suited to distinct occupancy arrangements.

Water views and a community setting add to the property’s appeal. The improvements include a deck, tile flooring, electric water heaters, ceiling fans, and kitchens equipped with microwaves, surface ranges, refrigerators, and ice maker connections. The property is located in Hot Springs National Park, Arkansas.

Key Highlights

  • Duplex configuration with two income‑producing units
  • Each unit includes two private bedroom suites with full bathrooms
  • Separate exterior entries provide added privacy for upper‑level suites

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Restaurant Hair Salon Law Firm Storage Facility Spa & Massage Center 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

20
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-unit layout includes separate entries, bedroom suites, and water views.
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: Duplex configuration with two income‑producing units; Each unit includes two private bedroom suites with full bathrooms; Separate exterior entries provide added privacy for upper‑level suites
More about this property
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