Hot Springs Multifamily Investment
144 & 158 A&B Isaac Lane, Hot Springs, AR 71901
MULTI_FAMILY - Hot Springs, AR
Property size:
3,803 SFLot size:
5.27 AcresPrice / SF:
$122/SF- Added:
- Mar 6, 2026
- Days on Market:
- 77
- Last Refresh:
- May 22 at 1:06 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 2, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 8, Bathroom 4
- Parking features
- Carport
- Patio and Porch features
- Deck, Porch
- 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
- Carpet - Partial, Tile, Vinyl
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Sean Edds License #SA00080170 (501) 617-0636
Listing office CBRPM Hot Springs 4328 Central Avenue, Suite J, Hot Springs, AR (501) 525-7355
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 offering includes all property on the right side of Isaac Lane, featuring a house with two separate 2-bedroom, 1-bath units (upstairs and downstairs). The main house roof was replaced in 2020. Additionally, there is a duplex with two mirrored 2-bedroom, 1-bath units. The duplex roof was replaced in July 2023. All units are currently rented. The property spans over 5 acres and presents multiple potential home sites, including a hilltop setting nestled in the woods at the end of Isaac Lane. This presents an opportunity for investors and developers.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$279.1K
NOI $25,117 @ 9.00% cap · cautious / downside scenario
Moderate
$358.8K
NOI $25,117 @ 7.00% cap · market / base-case scenario
Aggressive
$502.3K
NOI $25,117 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| 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 Use Scenarios
Best Use
Multifamily LT 5
$358.8K
$314.0K – $418.6K
NOI $25,117 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$335.3K
$293.4K – $391.1K
NOI $23,468 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$695.5K
$608.6K – $811.4K
NOI $48,684 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.0126
- Latitude
- 34.5069
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Multifamily property with development potential on 5+ acres.
Where is this duplex 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 $465,000.
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.
