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12-Unit Hospitality Property
New
For Sale
$799,000

2017 E Van Buren, Eureka Springs, AR 72632

CommercialSale, Eureka Springs, AR

Property Size4,800 SF
Lot Size1.42 Acres
Price / SF$166.46
Days on Market4

Property Features for 2017 E Van Buren

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Appliances ElectricWaterHeater
Lot features Central Business District, City Lot, Interior Lot
Directions From Highway 62 in Eureka Springs, head toward the east side of town on E Van Buren Ave / Hwy 62 East. The property is located at 2017 E Van Buren Ave, near the hotel/motel corridor on the east side of Eureka Springs. There is a driveway located next the Heritage Motel and Trolley Stop #56. You will see a stone pillar with a "Studios At Eureka Sign" on it. Drive all the way to the back until you dead-end into the property.
Standard status Active
APN 925-01896-002
Size 4,800 SF
Lot size 1.42 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Description PT NE NW
Legal Description PT NE NW

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric, Window Unit(s)
Water source Public

Building Details

Year built 1973
Floors in Building 2
Number of units 12
Flooring type Laminate, Simulatedwood
Building materials Brick
Roof type Asphalt, Shingle
Listing Agency: eXp Realty NWA Branch
Listed By: Jennifer LeViseur · License #SA00098925
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 30 at 9:06PM
MLS# 1366407

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 12-unit hospitality property contains 4,800 square feet on a 1.42-acre site. The operating mix consists of six short-term rental units and six mid-term rental units, with guests and bookings in place. Built in 1973, the brick property has received updates to flooring, furnishings, smart locks, HVAC, plumbing, electrical systems, exterior paint, and landscaping. Units have electric heating and window-unit cooling. A parking lot serves the property.

The property has a grandfathered short-term rental permit. Public water and sewer are connected. Active listings on booking platforms and a direct booking website support the existing rental operation.

Key Highlights

  • 12 units across 4,800 square feet on 1.42 acres
  • Rental mix includes 6 short‑term units and 6 mid‑term units
  • Grandfathered short‑term rental permit

Property Analytics

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

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 72632, AR

4,704
Population
2,840
Households
1.7
Avg Household Size
55
Median Age
30%
College-Educated
96%
High-School Grad
97.8 sq mi
ZIP Area
48
Density / Sq Mi
$45,990
Median Household Income
$28,700
Median Earnings
$838
Median Rent
$228,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Short term rental property - A remodeled, operating rental property combines short- and mid-term stays and includes a grandfathered short-term rental permit.
Where is this short term rental property located?
The property is located at 2017 E Van Buren Eureka Springs, AR.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 12 units across 4,800 square feet on 1.42 acres; Rental mix includes 6 short‑term units and 6 mid‑term units; Grandfathered short‑term rental permit
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