6-Unit Apartment
For Sale
$348,000
627 QUAPAW Avenue, Hot Springs, AR 71901
MULTI-FAMILY, Hot Springs, AR
Property SizeContact for details
Days on Market120
Property Features for 627 QUAPAW Avenue
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
7
Rooms
Bedroom 4, Bedroom 7, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 5
Patio and Porch features
Porch, Deck
Exterior features
Deck, Porch, Storage Building, Covered
Appliances
Free-Standing Stove, Refrigerator Stays, Free-Standing Stove, Refrigerator Stays
Subdivision
HSR
Lot features
Corner Lot, In Subdivision, Level, Wooded
Elementary school district
Hot Springs
Middle school district
Hot Springs
High school district
Hot Springs
Directions
Central to Prospect to Quapaw
Standard status
Active
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
B98 L Pt 9&10
Tax Annual Amount
1743
Legal Description
B98 L Pt 9&10
Building Details
Year built
1930
Floors in Building
3
Roof type
Composition
Additional Structures
Storage
Buildings
1
Listing Agency:
Rix Realty - Advantage Team Realtors
(501) 205-1900
Listed By:
Chris Rix · License #00059757
(501) 627-4075
Added: Jul 8
Changed: Oct 26
Last Checked: Nov 4 at 5:06PM
MLS# 156295
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.
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Investment Insights
Based on property information with market context.
Built in 1930, this apartment property contains six units and is offered with an additional lot behind the main structure. The building includes covered outdoor areas, a deck, porch, storage building, composition roofing, and kitchen appliances including free-standing stoves and refrigerators. The property is in decent overall condition but requires maintenance, and occupancy was partial at the time of listing.
One set of meters serves the building. Residents generally pay a combined amount that includes utilities, although utility costs have sometimes been allocated among occupants. The property is near shopping, dining, a National Park Trailhead, and the adjacent downtown Historic District. The offering includes a mix of apartment rooms identified as bedrooms one through seven.
One set of meters serves the building. Residents generally pay a combined amount that includes utilities, although utility costs have sometimes been allocated among occupants. The property is near shopping, dining, a National Park Trailhead, and the adjacent downtown Historic District. The offering includes a mix of apartment rooms identified as bedrooms one through seven.
Key Highlights
- Six‑unit apartment building built in 1930
- Additional lot behind the main structure conveys
- Partially occupied at the time of listing
Property Analytics
Who owns this building?
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,570
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Partially occupied residential income property with additional land and proximity to shopping, dining, and downtown.
Where is this apartment building located?
The property is located at 627 QUAPAW Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $348,000.
What are key features of this property?
This property features: Six‑unit apartment building built in 1930; Additional lot behind the main structure conveys; Partially occupied at the time of listing
