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Two-Unit Rental Duplex
For Sale
$199,000

320 MORRISON Street, Hot Springs, AR 71901

MULTI-FAMILY, Hot Springs, AR

Property SizeContact for details
Days on Market17

Property Features for 320 MORRISON Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Rooms Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Subdivision Morrison&Beldng
Elementary school district Hot Springs
Middle school district Hot Springs
High school district Hot Springs
Directions From downtown Hot Springs, head north on Central Avenue, turn right onto Morrison Avenue, and continue to 320 Morrison Avenue.
Standard status Active

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Description Subdivision: MORRISON & BELDING S-T-R: 04-03S-19W Legal: BLK 11 LOT PT 3, 4 & 5
Legal Description Subdivision: MORRISON & BELDING S-T-R: 04-03S-19W Legal: BLK 11 LOT PT 3, 4 & 5

Building Details

Year built 1930
Listing Agency: Progressive Realtors
Listed By: Shaila Sharrock · License #SA00093276
Added: Oct 20 Changed: Oct 25 Last Checked: Nov 5 at 5:06AM
MLS# 157669

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.

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Investment Insights

Based on property information with market context.

Built in 1930, this duplex contains two separate residences, each configured with two bedrooms and one bathroom. Tenants pay their own utilities. The property recorded 95% annual occupancy.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • 95% annual occupancy
  • Built in 1930

Property Analytics

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

Lease Details

2
Residential units
95%
Occupancy

Location Intelligence

Trade Area within ½ mile

725
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
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?
Duplex - Residents cover utility costs for both residences.
Where is this duplex located?
The property is located at 320 MORRISON Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 95% annual occupancy; Built in 1930
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