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Duplex with Deck

159 C Pebble Beach Place, Hot Springs, AR 71913

For Sale
New
$150,000

Residential, Traditional, Hot Springs, AR

Property Size1,636 SF
Price / SF$91.69
Days on Market1

Property Features for 159 C Pebble Beach Place

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 2, Laundry Room, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 3
Parking features Garage
Patio and Porch features Deck
Interior features Washer Connection, Dryer Connection-Electric, Water Heater-Electric
Exterior features Deck, Guttering
Fireplace 1
Appliances Free-Standing Stove, Electric Range
Subdivision DIAMONDHEAD
Lot features Resort Property
Elementary school Lakeside
Directions Hwy 171 towards Diamondhead. Left on Pebble Beach Place
Standard status Active
Size 1,636 SF

Taxes and HOA fees

Tax Year 2025
Tax Description Diamondhead Sub, Sec L1,
Tax Annual Amount 835
HOA Fee $108 Monthly
Legal Description Diamondhead Sub, Sec L1,

Building Details

Year built 1996
Floors in Building 2
Flooring type Carpet, Tile, Laminate
Roof type Composition
Architectural style Other
Listing Agency: Diamondhead Realty
Listed By: Kathie Devilbiss · License AR SA:00055938
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 26045703

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.

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Investment Insights

Based on property information with market context.

This 1,636-square-foot duplex was built in 1996 and includes three bedrooms, three bathrooms, a laundry room, and a fireplace. Interior features include washer and electric dryer connections, an electric water heater, and carpet, tile, and laminate flooring. A deck, garage, composition roof, and exterior gutters are also part of the property.

The property is in the Diamondhead community, described as minutes from boating, golf, tennis, pickleball, Lake Catherine, and Lake Catherine State Park.

Key Highlights

  • 1,636 square feet with three bedrooms and three bathrooms
  • Built in 1996
  • Deck and garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,805
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,100 $216.1K
Cap Rate 7%
$154,357 $154.4K
Cap Rate 9%
$120,056 $120.1K
Market Conditions
NOI Build-Up for 1,636 SF
Gross rent
$16.7K $10.20/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$15.4K $9.44/SF
− OpEx
−$4.6K −$2.83/SF
NOI
$10.8K $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%
$216,100
Cap Rate 7%
$154,357
Cap Rate 9%
$120,056

Alternative Uses

Best Use
Multifamily LT 5
$154.4K
$135.1K – $180.1K (±1% cap)
NOI $10,805 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$144.2K
$126.2K – $168.3K (±1% cap)
NOI $10,096 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$299.2K
$261.8K – $349.1K (±1% cap)
NOI $20,943 @ 7.0% cap · market cap 13.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

22
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

Average Price Trend$/SF for Duplexes in Hot Springs, AR

$177 Jul
$152 Aug
$168 Sep
$152 Oct

Properties on Market for Duplexes in Hot Springs

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A fireplace, garage, and three bedrooms provide practical features for residential use.
Where is this duplex located?
The property is located at 159 C Pebble Beach Place Hot Springs, AR.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,636 square feet with three bedrooms and three bathrooms; Built in 1996; Deck and garage
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