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Remodeled Duplex in Downtown Hot Springs
For Sale
$275,000

167 CREST Street, Hot Springs, AR 71901

MULTI-FAMILY, Bungalow/Cottage, Hot Springs, AR

Property SizeContact for details
Lot Size0.30 Acres
Days on Market42

Property Features for 167 CREST Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4
Interior features Dryer Connection-Electric, Hot Water Heater-Gas, Smoke Detector, Washer Connection, Fan-Ceiling, Fireplace - Gas Start
Fireplace 1
Appliances Disposal, Dishwasher, Free-Standing Stove, Disposal, Dishwasher, Free-Standing Stove
Subdivision HSR
Lot features Mountain View, Sloped, Upslope
Elementary school district Hot Springs
Middle school district Hot Springs
High school district Hot Springs
Directions North HWY 7-Left Hand Turn on Crest St.- Home Sits on left hand side .10th of mile west on Crest.
Standard status Active
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description BLK 140 LOT W 40' 13 & PT 14
Legal Description BLK 140 LOT W 40' 13 & PT 14

Building Details

Year built 1920
Floors in Building 2
Flooring type Vinyl, Tile
Roof type Composition
Architectural style Bungalow
Listing Agency: Progressive Realtors
Listed By: Shaila Sharrock · License #SA00093276
Added: Jul 13 Changed: Aug 19 Last Checked: Aug 23 at 1:06AM
MLS# 155628

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.

Investment Insights

Based on property information with market context.

Located just off Crest Street in downtown Hot Springs, this fully remodeled and furnished duplex offers modern luxury and investment potential. The property features views of the Hot Springs Mountain Tower and is situated near a biking trail system with ongoing expansion. Currently operating as a mid-term rental, the property attracts professionals, traveling guests, outdoor enthusiasts, and luxury renters. The lower-level unit is a 1-bedroom, 1-bath retreat with mountain and trail views. The upstairs unit features 3 bedrooms and 2 baths, complete with a garage and living space, showcasing views of downtown Hot Springs. An additional adjoining lot may be negotiable, presenting opportunities for expansion or development. The property sits on a 0.3-acre lot.

Key Highlights

  • Duplex built in 1920 with bungalow architectural style and composition roof
  • Lower‑level 1‑bedroom, 1‑bath unit and upstairs 3‑bedroom, 2‑bath unit
  • Fully remodeled and fully furnished duplex currently used as a mid‑term rental

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Repair Shop HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully remodeled, furnished duplex near downtown Hot Springs.
Where is this duplex located?
The property is located at 167 CREST Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex built in 1920 with bungalow architectural style and composition roof; Lower‑level 1‑bedroom, 1‑bath unit and upstairs 3‑bedroom, 2‑bath unit; Fully remodeled and fully furnished duplex currently used as a mid‑term rental
More about this property
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