Duplex with Sport
For Sale
$195,000
Hot Springs, AR 71913, Hot Springs, AR 71913
Residential, Fixer-Upper, Hot Springs, AR
Property Size1,134 SF
Price / SF$171.96
Days on Market53
Property Features
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Patio and Porch features
Porch, Deck
Exterior features
Deck, Porch, Sport Court
Fireplace
1
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays
Lot features
Level, Down Slope
Subdivision
HAMILTON HARBOR HPR
Standard status
Active
Size
1,134 SF
Taxes and HOA fees
Tax Annual Amount
1406
HOA Fee
$259 Annually
Amenities
pool
basketball courts
pickleball courts
Building Details
Year built
1983
Floors in Building
3
Flooring type
Tile, Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
The Goff Group Real Estate Company
Listed By:
Jameson VanDee
(501) 525-0908
Added: Aug 18
Changed: Oct 8
Last Checked: Oct 9 at 9:06AM
MLS# 26033741
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 1,134-square-foot duplex was built in 1983 and has two bedrooms and two bathrooms. Interior features include tile and carpet flooring, a fireplace, and a kitchen with a stove, microwave, electric range, dishwasher, and refrigerator. A deck and porch provide outdoor features.
The complex includes a pool, basketball courts, and pickleball courts, with access to the water.
The complex includes a pool, basketball courts, and pickleball courts, with access to the water.
Key Highlights
- 1,134 square feet with two bedrooms and two bathrooms
- Built in 1983
- Complex amenities include a pool, basketball courts, and pickleball courts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,490
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$149,800
$149.8K
Cap Rate 7%
$107,000
$107.0K
Cap Rate 9%
$83,222
$83.2K
Market Conditions
NOI Build-Up for 1,134 SF
Gross rent
$11.6K $10.20/SF
− Vacancy
−$868 −$0.77/SF
EGI
$10.7K $9.44/SF
− OpEx
−$3.2K −$2.83/SF
NOI
$7.5K $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%
$149,800
Cap Rate 7%
$107,000
Cap Rate 9%
$83,222
Alternative Uses
Best Use
Multifamily LT 5
$107.0K
$93.6K – $124.8K
NOI $7,490 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$100.0K
$87.5K – $116.6K
NOI $6,998 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$207.4K
$181.5K – $242.0K
NOI $14,517 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
56
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - A two-bedroom, two-bathroom residence includes a fireplace, deck, and porch.
Where is this duplex located?
The property is located at Hot Springs, AR.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,134 square feet with two bedrooms and two bathrooms; Built in 1983; Complex amenities include a pool, basketball courts, and pickleball courts
