Duplex with
For Sale
$310,000
Hot Springs, AR 71913, Hot Springs, AR 71913
Residential, Traditional, Hot Springs, AR
Property Size1,949 SF
Price / SF$159.06
Days on Market31
Property Features
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 3, Living Room, Bathroom 1, Bedroom 2
Parking features
Garage, Open
Patio and Porch features
Porch
Interior features
Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Breakfast Bar
Exterior features
Porch
Fireplace
1
Appliances
Electric Range, Dishwasher, Disposal, Ice Maker Connection
Lot features
Cul-de-sac, In Subdivision
Subdivision
Legends
Standard status
Active
Size
1,949 SF
Taxes and HOA fees
Tax Annual Amount
2000
HOA Fee
$190 Monthly
Amenities
clubhouse
fitness center
great room
patio
community pool
Building Details
Year built
2008
Floors in Building
1
Flooring type
Tile, Wood
Roof type
Composition
Architectural style
Other
Listing Agency:
Keller Williams Realty
(501) 907-5959
Listed By:
Kelly Gentry
(870) 406-9351
Added: Sep 9
Changed: Oct 8
Last Checked: Oct 9 at 8:06AM
MLS# 26036890
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 duplex property includes a 1,949-square-foot residence with three bedrooms, two bathrooms, a sunroom, and a living room. Hardwood and tile flooring, a fireplace, a porch, and a two-car garage are among its features. The home was built in 2008.
The property is within the Lakeside school district. Community amenities include a clubhouse with a fitness center and gathering room, a patio, and a pool. Association services cover lawn and yard maintenance.
The property is within the Lakeside school district. Community amenities include a clubhouse with a fitness center and gathering room, a patio, and a pool. Association services cover lawn and yard maintenance.
Key Highlights
- 1,949‑square‑foot residence with 3 bedrooms and 2 bathrooms
- Sunroom, living room, fireplace, and porch
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,872
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,440
$257.4K
Cap Rate 7%
$183,886
$183.9K
Cap Rate 9%
$143,022
$143.0K
Market Conditions
NOI Build-Up for 1,949 SF
Gross rent
$19.9K $10.20/SF
− Vacancy
−$1.5K −$0.77/SF
EGI
$18.4K $9.44/SF
− OpEx
−$5.5K −$2.83/SF
NOI
$12.9K $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%
$257,440
Cap Rate 7%
$183,886
Cap Rate 9%
$143,022
Alternative Uses
Best Use
Multifamily LT 5
$183.9K
$160.9K – $214.5K
NOI $12,872 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$171.8K
$150.3K – $200.5K
NOI $12,027 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$356.4K
$311.9K – $415.8K
NOI $24,950 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
33
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 community association handles lawn and yard care, with residents also able to use shared recreation facilities.
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 $310,000.
What are key features of this property?
This property features: 1,949‑square‑foot residence with 3 bedrooms and 2 bathrooms; Sunroom, living room, fireplace, and porch; Two‑car garage
