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Duplex with Sun Room
For Sale
$312,000

9 Emanuel Dr., Hot Springs Village, AR 71909

Residential, Traditional, Hot Springs Village, AR

Property Size2,064 SF
Lot Size0.10 Acres
Price / SF$151.16
Days on Market60

Property Features for 9 Emanuel Dr.

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Workshop, Bathroom 2, Bedroom 1, Bedroom 3
Parking features Garage
Patio and Porch features Deck
Interior features Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Walk-in Shower, Breakfast Bar, Kit Counter- Granite Slab
Exterior features Deck
Fireplace 1
Appliances Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry
Subdivision VILLA ALEGRE COURTS
Lot features Sloped, Common to Golf Course
Directions From West Gate take DeSoto East, turn left at Country Club (blinking yellow li, drive through the Desoto Golf course parking lot into Villa Alegre subdivision, take first left on Emanuel Dr, turn right, take immediate left, home is on the left.
Standard status Active
Size 2,064 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description Lot 5 Block 5 Villa Alegre
Tax Annual Amount 1244
HOA Fee $116 Monthly
Legal Description Lot 5 Block 5 Villa Alegre

Building Details

Year built 1993
Floors in Building 1
Flooring type Tile
Roof type Shingle
Architectural style Other
Listing Agency: McGraw Realtors - HSV
Listed By: Brenda Langley · License #SA00084812
Added: Aug 20 Changed: Oct 13 Last Checked: Oct 18 at 3:06AM
MLS# 26034283

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.

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Investment Insights

Based on property information with market context.

This 1993 duplex contains 2,064 square feet on a 0.1-acre lot. Interior features include an entry foyer, vaulted living room ceiling, propane fireplace, granite kitchen surfaces, island, built-in desk, pantry, separate laundry room, and split-bedroom arrangement. The primary suite connects to a sun room with floor-to-ceiling windows, while the primary bath includes a jetted tub, standalone shower, and walk-in closet. Tile flooring extends throughout the residence.

Outdoor living areas include a Trex deck and a covered, gated front porch. A 12 x 20 heated and cooled bonus room is located beneath the home. The 21 x 23 two-car garage provides enclosed parking and additional room for larger vehicles or recreational equipment. The shingle roof was replaced in 2024.

Key Highlights

  • 2,064‑square‑foot duplex on a 0.1‑acre lot
  • Sun room with floor‑to‑ceiling windows and heating and cooling
  • 12 x 20 heated and cooled bonus room beneath the home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,632
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,640 $272.6K
Cap Rate 7%
$194,743 $194.7K
Cap Rate 9%
$151,467 $151.5K
Market Conditions
NOI Build-Up for 2,064 SF
Gross rent
$21.1K $10.20/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$19.5K $9.44/SF
− OpEx
−$5.8K −$2.83/SF
NOI
$13.6K $6.60/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,640
Cap Rate 7%
$194,743
Cap Rate 9%
$151,467

Alternative Uses

Best Use
Multifamily LT 5
$194.7K
$170.4K – $227.2K (±1% cap)
NOI $13,632 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$182.0K
$159.2K – $212.3K (±1% cap)
NOI $12,737 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$377.5K
$330.3K – $440.4K (±1% cap)
NOI $26,423 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Electrical Service Real Estate Agency Auto Repair Shop

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

30
Businesses Nearby

Demographics for 71909, AR

17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
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

Frequently Asked Questions

What type of property is this?
Duplex - Tile flooring, granite countertops, and a heated and cooled bonus room add functional interior space.
Where is this duplex located?
The property is located at 9 Emanuel Dr. Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $312,000.
What are key features of this property?
This property features: 2,064‑square‑foot duplex on a 0.1‑acre lot; Sun room with floor‑to‑ceiling windows and heating and cooling; 12 x 20 heated and cooled bonus room beneath the home
More about this property
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