31-Unit Apartment Building with
125 OAK Street, Hot Springs, AR 71901
For Sale
$2,945,000
MULTI-FAMILY, Hot Springs, AR
Property Size64,710 SF
Price / SF$45.51
Days on Market142
Property Features for 125 OAK Street
General Information
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Bedrooms
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Patio and Porch features
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Elementary school district
Middle school district
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Listing Agency:
Rix Realty - Advantage Team Realtors
(501) 205-1900
Listed By:
Chris Rix · License AR #00059757
(501) 627-4075
Added: Jun 24
Changed: Nov 10
Last Checked: Nov 12 at 7:06AM
MLS# 155515
Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This 64,710-square-foot apartment property contains 31 units, including five 1-bedroom, 18 2-bedroom, and eight 3-bedroom apartments. The building dates to 1913 and underwent a major remodel when it returned to service approximately 2005, followed by ongoing maintenance. Interior features include balconies or lofts, marble, tile, vinyl, partial carpet, appliances, and accessible design elements. A common coin laundry room is available, with in-unit laundry also provided as an option. The property includes an elevator, fully sprinklered fire suppression, security cameras, and an accessible approach with ramp.
Located at 125 Oak Street in Hot Springs, Arkansas, the property also offers venue rental and party rooms. Electric service is metered separately, and the building includes more than 10,000ft2/929m2 of underutilized space identified for potential additional rental units. The roof is 2-3 years old, and the HVAC systems are 2 years old. The property is historically contributing but not restricted.
Located at 125 Oak Street in Hot Springs, Arkansas, the property also offers venue rental and party rooms. Electric service is metered separately, and the building includes more than 10,000ft2/929m2 of underutilized space identified for potential additional rental units. The roof is 2-3 years old, and the HVAC systems are 2 years old. The property is historically contributing but not restricted.
Key Highlights
- 31 total apartments: 1br‑5, 2br‑18, 3br‑8
- 64,710 square feet on a 1913 building
- More than +10,000ft2/929m2 of underutilized space
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,665
Businesses Nearby
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Demographics for 71901, AR
29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily building with elevator, fire suppression, ADA accessibility, and separately metered electric service.
Where is this apartment building located?
The property is located at 125 OAK Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,945,000.
What are key features of this property?
This property features: 31 total apartments: 1br‑5, 2br‑18, 3br‑8; 64,710 square feet on a 1913 building; More than +10,000ft2/929m2 of underutilized space
