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Duplex with Rear Apartment
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442 W Grand Ave, Hot Springs, AR 71901

C-3 zoning, rear parking, and a separate-entry secondary unit support the property’s dual-unit configuration.

Property SizeContact for details
Days on Market145

Property Features for 442 W Grand Ave

General Information

Standard status Active
Property subtype Multifamily
Zoning C-3

Property Condition

Severity Repairs Needed
Evidence Updates needed

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Building Details

Buildings 1
Listing Agency: Hot Springs Realty
Listed By: Christy Sublett · License #AR
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hot Springs Realty

Investment Insights

Based on property information with market context.

This duplex property includes a primary 1,200-square-foot unit with two bedrooms, one bathroom, hardwood floors, commercially wired electrical service, and a gas fireplace connection. Its air conditioning system is 3–4 years old, the roof is 4 years old, and plumbing was updated 6 years ago. The primary space was previously used as an office and requires additional updates.

A separate 400-square-foot rear unit provides one bedroom and one bathroom with its own entrance. Plumbing in this unit is not updated or connected, and the space lacks air conditioning and heat. Additional improvements are needed. The property also includes a rear parking area and is zoned C-3.

Key Highlights

  • 1,200‑square‑foot primary unit with 2 bedrooms and 1 bathroom
  • 400‑square‑foot rear unit with 1 bedroom, 1 bathroom, and separate entrance
  • Primary unit features hardwood floors and commercially wired electrical service

Property Analytics

Current Use

Sublett Appraisals, Inc. Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Computer & Electronic Repair Carpet & Flooring Store Clothing & Fashion Store Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,200
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
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Frequently Asked Questions

What type of property is this?
Duplex - C-3 zoning, rear parking, and a separate-entry secondary unit support the property’s dual-unit configuration.
Where is this duplex located?
The property is located at 442 W Grand Ave Hot Springs, AR.
What are key features of this property?
This property features: 1,200‑square‑foot primary unit with 2 bedrooms and 1 bathroom; 400‑square‑foot rear unit with 1 bedroom, 1 bathroom, and separate entrance; Primary unit features hardwood floors and commercially wired electrical service
More about this property
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