Residential Income Property with Boat
For Sale
$484,500
5371 Central Avenue, Hot Springs, AR 71913
Residential, Traditional, Hot Springs, AR
Property Size1,467 SF
Price / SF$330.27
Days on Market21
Property Features for 5371 Central Avenue
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Den, Laundry Room, Bedroom 1, Bathroom 2, Bathroom 1
Parking features
Assigned
Patio and Porch features
Porch, Deck
Interior features
Washer-Stays, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Walk-in Shower, Breakfast Bar
Exterior features
Deck, Porch, Inground Pool, Guttering, Boat Dock, Gazebo
Fireplace
1
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Freezer, Convection Oven, Ice Machine
Subdivision
EMERALD ISLE HPR
Lot features
Level, Lake View, Lake Front
Directions
Seven south to Jose's restaurant, left immediately after restaurant at Emerald Isle
Standard status
Active
Size
1,467 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot Unit 3-C, Boat dock slip#2
Tax Annual Amount
1700
HOA Fee
$250 Monthly
Legal Description
Lot Unit 3-C, Boat dock slip#2
Utilities
Water front
1
Amenities
gated community
resort-style pool
cookout areas
dog park
pickleball court
basketball court
volleyball court
game room
extra parking
boat launch
swim beach
extra security
covered boat slip
Building Details
Year built
1982
Floors in Building
2
Flooring type
Tile
Roof type
Shingle
Architectural style
Other
Additional Structures
Gazebo
Listing Agency:
McGraw Realtors - HS
(501) 881-3331
Listed By:
Shay Ledbetter
(501) 690-6662
Added: Aug 3
Changed: Aug 21
Last Checked: Aug 23 at 4:06AM
MLS# 26031553
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 1,467-square-foot residential income property includes three bedrooms, two bathrooms, a den, laundry room, breakfast bar, walk-in shower, tile flooring, and a fireplace. The residence was built in 1982 and has been completely renovated. Appliances include a stove, microwave, dishwasher, disposal, freezer, convection oven, and ice machine, while the washer and dryer remain. Outdoor features include a deck, porch, gazebo, and access to a covered boat slip and boat dock.
The gated community overlooks open water and an island on Lake Hamilton. Shared amenities include an inground pool, cookout areas, dog park, pickleball, basketball and volleyball courts, game room, boat launch, swim beach, additional parking, and security. The property is located at 5371 Central Avenue in Hot Springs, Arkansas.
The gated community overlooks open water and an island on Lake Hamilton. Shared amenities include an inground pool, cookout areas, dog park, pickleball, basketball and volleyball courts, game room, boat launch, swim beach, additional parking, and security. The property is located at 5371 Central Avenue in Hot Springs, Arkansas.
Key Highlights
- 1,467‑square‑foot residential property with 3 bedrooms and 2 bathrooms
- Covered boat slip with access to the community boat dock and launch
- Open‑water and island views on Lake Hamilton
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Explore this area
Business Placement
Demographics for 71913, AR
46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated three-bedroom residence in a gated Lake Hamilton community with shared recreation and assigned parking.
Where is this residential income property located?
The property is located at 5371 Central Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $484,500.
What are key features of this property?
This property features: 1,467‑square‑foot residential property with 3 bedrooms and 2 bathrooms; Covered boat slip with access to the community boat dock and launch; Open‑water and island views on Lake Hamilton
