405 SPRING Street Hot Springs, AR 71901
New
Victorian,Bungalow/Cottage, Other - Hot Springs, AR
Property size:
3,064 SFPrice / SF:
$94/SF- Added:
- May 7, 2026
- Days on Market:
- 2
- Last Refresh:
- May 8 at 3:06 am
Property Features for 405 SPRING Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- None
- Patio and Porch features
- Patio, Porch, Deck
- Exterior features
- Deck, Partially Fenced, Porch, Patio, Covered
- Fencing
- Fenced, Partial
- Standard status
- Active
- Size
- 3,064 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1268
Utilities
- Heating system
- Central, Electric (Heating), See Remarks (Heating)
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 5
- Building materials
- Frame
- Roof type
- Composition, Shingle
- Architectural style
- Bungalow
Listing agent Chris Rix License #00059757 (501) 205-1900
Listing office Rix Realty - Advantage Team Realtors 1010 Central Ave, Hot Springs, AR (501) 205-1900
Listing date May 7, 2026
MLS# 155387
Listing URL
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.
HighLights
- Immediate income potential with long‑term leases already in place.
- 4‑plex (four 1 bedroom, 1 bath units) and a separate 2 bedroom, 1 bath home included.
- Separately metered units (most units) for easier expense management.
- Convenient location near historic downtown Hot Springs, shopping, restaurants, public transportation, and Hot Springs National Park.
- Well‑maintained properties with central heating & air (401 Spring) and mini‑split systems (405 Spring).
- Part of a larger investor portfolio, offering potential for expanded acquisition opportunities.
Overview
Hot Springs Income Property
This investor opportunity features immediate income potential in Hot Springs. The property at 401 Spring Street is a well-maintained 2-bedroom, 1-bath home with central heating and air. The property at 405 Spring Street offers a separately metered 4-plex comprised of four 1-bedroom, 1-bath units equipped with mini-split systems. Long-term leases are already in place. Situated in a quiet and peaceful area, this property package offers upside and strong returns for an investor. The two properties are considered one parcel. This offering is part of a larger investor portfolio that also includes additional multi-family and commercial properties, creating potential for expanded acquisition opportunities. The property is conveniently located near historic downtown Hot Springs, shopping, restaurants, public transportation, and Hot Springs National Park. The property size is 3064 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.050593
- Latitude
- 34.5114629
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Investor opportunity with immediate income potential in Hot Springs.
Where is this apartment building located?
The property is located at 405 SPRING Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Immediate income potential with long‑term leases already in place.; 4‑plex (four 1 bedroom, 1 bath units) and a separate 2 bedroom, 1 bath home included.; Separately metered units (most units) for easier expense management.
