Four-Unit Multifamily
158 & 144 A&B Isaac Lane, Hot Springs, AR 71901
For Sale
$435,000
Under Contract
Multi-Family, Traditional, Hot Springs, AR
Property Size3,803 SF
Lot Size5.27 Acres
Price / SF$114.38
Days on Market54
Property Features for 158 & 144 A&B Isaac Lane
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
CBRPM Hot Springs · Coldwell Banker Real Estate
(501) 525-7355
Listed By:
Sean Edds · License AR SA00080170
(501) 617-0636
Added: Sep 18
Changed: Nov 2
Last Checked: Nov 10 at 7:06PM
MLS# 26038406
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,803-square-foot multifamily property includes two separate residential buildings containing four units. The primary structure has an upper and lower unit, each with two bedrooms and one bathroom. A second duplex provides two additional two-bedroom, one-bath units. Unit interiors include washer and dryer connections, a mix of vinyl, carpet, and tile flooring, and freestanding cooking appliances. Exterior features include porches, decks, carport parking, and storage areas.
Set on 5.27 acres at 158 & 144 (A&B) Isaac Lane in Hot Springs, the property has additional residential site area within a wooded setting. Each unit is served by its own electric meter, with tenants responsible for electric service. Each building has a separate septic system, while water is supplied by Hot Springs Municipal. The main house roof was replaced in 2020, and the duplex roof was replaced in July 2023. All four units are currently rented.
Set on 5.27 acres at 158 & 144 (A&B) Isaac Lane in Hot Springs, the property has additional residential site area within a wooded setting. Each unit is served by its own electric meter, with tenants responsible for electric service. Each building has a separate septic system, while water is supplied by Hot Springs Municipal. The main house roof was replaced in 2020, and the duplex roof was replaced in July 2023. All four units are currently rented.
Key Highlights
- Four units totaling 3,803 square feet
- 5.27‑acre property at 158 & 144 (A&B) Isaac Lane, Hot Springs
- Two‑bedroom, one‑bath layout in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,117
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,340
$502.3K
Cap Rate 7%
$358,814
$358.8K
Cap Rate 9%
$279,078
$279.1K
Market Conditions
NOI Build-Up for 3,803 SF
Gross rent
$38.8K $10.20/SF
− Vacancy
−$2.9K −$0.77/SF
EGI
$35.9K $9.44/SF
− OpEx
−$10.8K −$2.83/SF
NOI
$25.1K $6.60/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,340
Cap Rate 7%
$358,814
Cap Rate 9%
$279,078
Alternative Uses
Best Use
Multifamily LT 5
$358.8K
$314.0K – $418.6K
NOI $25,117 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$335.3K
$293.4K – $391.1K
NOI $23,468 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$695.5K
$608.6K – $811.4K
NOI $48,684 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing four-unit configuration with separate electric metering and current occupancy across both buildings.
Where is this quadplex located?
The property is located at 158 & 144 A&B Isaac Lane Hot Springs, AR.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Four units totaling 3,803 square feet; 5.27‑acre property at 158 & 144 (A&B) Isaac Lane, Hot Springs; Two‑bedroom, one‑bath layout in every unit
