Two-Unit
New
For Sale
$124,000
500 N McRae St, Hope, AR 71801
Residential, Townhouse, Hope, AR
Property Size1,500 SF
Lot Size0.26 Acres
Price / SF$82.67
Days on Market3
Property Features for 500 N McRae St
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2
Appliances
Electric Range
Subdivision
FRISCO
Lot features
Level
Directions
On N Hervey St coming from I30 take a Right on W AVE F take your first left onto N Washington St Take your first Right onto W Avenue E 500 N McRae st is on your right.
Standard status
Active
Size
1,500 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Description
LTS 1 & E 1/2 LT 2 BLK 14
Tax Annual Amount
525
Legal Description
LTS 1 & E 1/2 LT 2 BLK 14
Building Details
Year built
2008
Floors in Building
1
Flooring type
Laminate, Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Realty Hot Springs
(501) 907-5959
Listed By:
Jason Edington · License #AB56069,ARKANSAS
(870) 210-1445
Added: Sep 6
Changed: Sep 7
Last Checked: Sep 8 at 1:06AM
MLS# 26036467
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.
This duplex contains two residential units within a 1,500-square-foot building constructed in 2008. The recorded room configuration includes four bedrooms and two bathrooms, with laminate and carpet flooring, an electric range, and a shingle roof. The property occupies a 0.26-acre lot and is suited to buyers seeking a small multifamily asset with a straightforward two-unit layout.
The property is located at 500 N McRae St in Hope, Arkansas, within Hempstead County and ZIP code 71801. Its physical profile combines a modest lot, established construction, and basic residential improvements in a compact multifamily format.
The property is located at 500 N McRae St in Hope, Arkansas, within Hempstead County and ZIP code 71801. Its physical profile combines a modest lot, established construction, and basic residential improvements in a compact multifamily format.
Key Highlights
- Two‑unit duplex in Hope, Arkansas
- 1,500 sq. ft. building constructed in 2008
- Four bedrooms and two bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Explore this area
Business Placement
Demographics for 71801, AR
14,991
Population
6,900
Households
2.2
Avg Household Size
39
Median Age
14%
College-Educated
82%
High-School Grad
297.7 sq mi
ZIP Area
50
Density / Sq Mi
$47,723
Median Household Income
$37,035
Median Earnings
$775
Median Rent
$98,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units share a 2008 building with laminate and carpet flooring.
Where is this duplex located?
The property is located at 500 N McRae St Hope, AR.
What is the asking price?
The asking price for this property is $124,000.
What are key features of this property?
This property features: Two‑unit duplex in Hope, Arkansas; 1,500 sq. ft. building constructed in 2008; Four bedrooms and two bathrooms
