Multifamily Investment in Lakeside
812 Shady Heights Road, Hot Springs, AR 71901
MULTI_FAMILY - Hot Springs, AR
Property size:
4,080 SFLot size:
0.30 AcresPrice / SF:
$149/SF- Added:
- Dec 23, 2025
- Days on Market:
- 150
- Last Refresh:
- May 21 at 11:06 pm
Property Features for 812 Shady Heights Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Free-Standing Stove, Microwave, Refrigerator-Stays, Free-Standing Stove, Microwave, Refrigerator-Stays
- Standard status
- Active
- Size
- 4,080 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Block B, Lots 1-3, Garland Co.
- Tax Annual Amount
- 1154
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 6
- Flooring type
- Laminate
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Karen Hudspeth License #SA00086588 (870) 344-0123
Listing office McGraw Realtors - HS 307 Carpenter Dam Rd Suite E, Hot Springs, AR (501) 881-3331
Listing date Dec 23, 2025
MLS# 25049817
Listing URL
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HighLights
- Prime multifamily investment opportunity in the highly desirable Lakeside School District.
- Six total units (each 2BR/1BA) with a solid long term rental history.
- Each unit features granite countertops and stainless steel appliances.
- Tenants pay all utilities, enhancing cash flow and simplifying management.
- Extra land with potential to add another duplex (buyer to verify).
- Seller is offering a $5,000.00 buyer credit at closing.
Overview
This multifamily investment opportunity features three octagon-style duplex buildings, totaling six units. Each unit includes two bedrooms and one bathroom. Located in the desirable Lakeside School District, the properties are situated minutes from shopping, dining, and Lake Hamilton. Each unit features granite countertops and stainless steel appliances. The properties have a solid long-term rental history. Tenants are responsible for all utilities. The properties are located at 812 Shady Heights, 101 Lance Circle, and 367 Lance Circle. The total property size is 4080 square feet, situated on a 0.3-acre lot. There is additional upside with extra land that has the potential to add another duplex, buyer to verify. The seller is offering a $5,000 buyer credit at closing, applicable toward an interest-rate buy-down, discount points, or other lender-approved closing costs, subject to loan guidelines.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -92.987915
- Latitude
- 34.460888
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Six-unit multifamily investment opportunity near Lake Hamilton.
Where is this duplex located?
The property is located at 812 Shady Heights Road Hot Springs, AR.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Prime multifamily investment opportunity in the highly desirable Lakeside School District.; Six total units (each 2BR/1BA) with a solid long term rental history.; Each unit features granite countertops and stainless steel appliances.
