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    Four-Unit Residential Income Property Title is generated by Realmo AI

    144 & 158 A&B Isaac Lane, Hot Springs, AR 71901

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    Claim this Listing
    For Sale
    $445,000

    MULTI_FAMILY - Hot Springs, AR

    Property size:
    3,803 SF
    Lot size:
    5.27 Acres
    Price / SF:
    $117/SF
    Added:
    Mar 6, 2026
    Days on Market:
    101
    Last Refresh:
    Jun 15 at 3:06 am

    Property Features for 144 & 158 A&B Isaac Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 7, Bedroom 1, Bedroom 8, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 2
    Parking features
    Carport
    Patio and Porch features
    Porch, Deck
    Interior features
    Washer Connection, Dryer Connection-Electric, Some Units
    Exterior features
    Outside Storage Area, Deck, Porch
    Appliances
    Free-Standing Stove, Microwave, Electric Range, Free-Standing Stove, Microwave, Electric Range
    Standard status
    Active
    APN
    100-07280-000 01
    Size
    3,803 SF
    Lot size
    5.27 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S-T-R: 11-03S-19W
    Tax Annual Amount
    2578

    Building Details

    Year built
    1976
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Tile, Vinyl, Carpet - Partial
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Sean Edds
    Sean Edds

    Listing agent Sean Edds License #SA00080170

    Listing office CBRPM Hot Springs 4328 Central Avenue, Suite J, Hot Springs, AR

    Listing date Mar 6, 2026

    MLS# 26008735 Listing URL

    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.

    HighLights

    • Income‑producing property: All units are currently rented.
    • Investment/Development opportunity: Includes a house and duplex on 5+ acres with potential for additional home sites.
    • Two structures: A house with two 2‑bedroom, 1‑bath units and a duplex with two 2‑bedroom, 1‑bath units.
    • Recent roof replacements: Main house roof replaced in 2020, duplex roof replaced in July 2023.
    • Large lot: Gracious 5+ acre lot with a hilltop setting nestled in the woods.
    • Exterior amenities: Includes a deck, porch, and outside storage area.

    Overview

    This residential income property includes a main house with a two-bedroom, one-bath unit upstairs and a two-bedroom, one-bath unit downstairs, separated between the levels. The property also features a duplex with two-bedroom, one-bath units on each side that mirror each other, bringing the total to four units. All units are currently rented. The main house roof was replaced in 2020, and the duplex roof was replaced in July 2023.

    The buildings are located on the right side of Isaac Lane in Hot Springs, Arkansas, with the parcel described as being at the end of Isaac Lane. The tract is 5.27 acres and is presented as a wooded hilltop setting.

    For buyers and investors, the mix of four independently configured residential units provides an income-oriented structure while maintaining a larger land parcel of 5.27 acres. The property is also described as offering other possible home sites within the acreage, which may support future residential development or additional housing options depending on buyer goals and local requirements.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $38.8k $10.20
    − Vacancy −$2.9k −$0.77
    EGI $35.9k $9.44
    − OpEx −$10.8k −$2.83
    NOI $25.1k $6.60
    3,803 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $358.8K
    $314.0K – $418.6K (±1% cap)
    NOI $25,117 @ 7.0% cap · market cap 5.64%
    Second Best
    Apartment 5plus
    $335.3K
    $293.4K – $391.1K (±1% cap)
    NOI $23,468 @ 7.0% cap · market cap 5.27%
    Theoretical Best
    Office A
    $695.5K
    $608.6K – $811.4K (±1% cap)
    NOI $48,684 @ 7.0% cap · market cap 10.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.0126
    Latitude
    34.5069

    FAQs

    What type of property is this?
    Quadplex - Four rented units on 5+ acres, with roof replacements in 2020 and 2023 supporting a streamlined residential income offering.
    Where is this quadplex located?
    The property is located at 144 & 158 A&B Isaac Lane Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: Income‑producing property: All units are currently rented.; Investment/Development opportunity: Includes a house and duplex on 5+ acres with potential for additional home sites.; Two structures: A house with two 2‑bedroom, 1‑bath units and a duplex with two 2‑bedroom, 1‑bath units.
    More about this property
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