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Traditional Duplex with Garage
New
For Sale
$149,000

517 W Fifth St, Hope, AR 71801

Residential, Traditional, Hope, AR

Property Size1,938 SF
Lot Size0.24 Acres
Price / SF$76.88
Days on Market3

Property Features for 517 W Fifth St

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1
Parking features Garage
Appliances Free-Standing Stove, Electric Range
Subdivision COLLEGE ADDN
Lot features Level
Directions From N Hervey St Passing W third st the road changes to S Hearvey St take your second right onto W Fifth St the property will be on your left.
Standard status Active
Size 1,938 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description E 1/2 LT 2 BLK 15
Tax Annual Amount 723
Legal Description E 1/2 LT 2 BLK 15

Building Details

Year built 1949
Floors in Building 1
Flooring type Carpet, Tile
Roof type Tar/Gravel
Architectural style Other
Listing Agency: Keller Williams Realty Hot Springs
Listed By: Jason Edington · License #AB56069,ARKANSAS
Added: Sep 13 Last Checked: Sep 15 at 1:06PM
MLS# 26037368

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.

Built in 1949, this 1,938-square-foot duplex sits on a 0.24-acre lot in Hope, Arkansas. The residence includes three bedrooms, two bathrooms, multiple living areas, a kitchen, and utility space. Tile and carpet flooring are present, along with a tar-and-gravel roof and garage parking.

The property is located at 517 W Fifth St in the 71801 postal area. A driveway and yard support the existing residential layout. The home is being offered as-is and requires updating and cleanup, creating a renovation-focused ownership opportunity for an investor or operator evaluating residential income property.

Key Highlights

  • 1,938‑square‑foot duplex on a 0.24‑acre lot
  • Three bedrooms and two bathrooms
  • Built in 1949

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Computer & Electronic Repair

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level residential income property with a garage, generous yard, and interior improvements needed before occupancy.
Where is this duplex located?
The property is located at 517 W Fifth St Hope, AR.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 1,938‑square‑foot duplex on a 0.24‑acre lot; Three bedrooms and two bathrooms; Built in 1949
More about this property
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