1148 Pleasant St Hot Springs, AR 71901

OFF-MARKET

Residential income homes

Property ID

US05-0358128

1,376 SF Built 1920

Saved · see the list in your Dashboard

This 1-unit, single-family rental property located at 1148 Pleasant St, Hot Springs, AR 71901, presents a compelling value-add investment opportunity. Built in 1920, this 1,376 square foot home sits on a 5,477 square foot lot and is zoned residential. The property features a recently installed roof and completely new plumbing (city-inspected and approved). Original details, including a 100+ year old fireplace and cabinetry, offer unique character and charm. The property's excellent visibility and location in Garland County, Arkansas, contribute to its strong rental potential. This is a chance to restore a historic home while capitalizing on the demand for rental properties in the Hot Springs area. The property's APN is 84611. The home's historical features, combined with the updated plumbing and roof, provide a solid foundation for a successful renovation project. This single-story building offers a unique opportunity to blend historical charm with modern amenities, creating a highly desirable rental property. The asking price is $75,000.

Property type Residential income homes

Year built 1920

Total area 1,376 SF

UPID US05-0358128

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

1148 Pleasant St Hot Springs, AR 71901

Hot Springs metro

Google Maps

AI Approach AI

by Request

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

by Request

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation by Request

404 Reserve St

Multifamily properties

404 Reserve St, Hot Springs, AR 71901

View Details
Value Estimation by Request
1,288 SF

265 Glade St

Multifamily properties

265 Glade St, Hot Springs, AR 71901

View Details
Value Estimation by Request
2,860 SF

3736 Park Ave

Multifamily properties

3736 Park Ave, Hot Springs, AR 71901

View Details
Value Estimation
$420,000

3.17 Acres

405 Hwy 7th 7

MOBILE HOME PARK, TRAILER PARK

405 Hwy 7th 7, Hot Springs National Park, AR 71901-9468

View Details
Value Estimation
$7,680,000

5,544 SF

Falcon Ter

MOBILE HOME PARK, TRAILER PARK

Falcon Ter, Hot Springs National Park, AR 71901

View Details
Value Estimation
$1,530,000

1,040 SF

105 Jasper St

MOBILE HOME PARK, TRAILER PARK

105 Jasper St, Hot Springs, AR 71901-3438

View Details

Similar Nearby for Sale

$180,000

2,776 SF

Duplex with Remodeled Units

Duplex consisting of two single-family units, with one remodeled in 2021 and the other updated in 2023.

612-614 Oakcliff, Hot Springs, AR 71901

View Details
New

$225,000

Furnished Short-Term Rental Property

Permitted short-term rental with General Commercial zoning and a furnished primary building suited to lodging or office use.

221 Hazel Street, Hot Springs, AR 71901

View Details
New

$348,000

6-Unit Apartment Building

Partially occupied residential income property with additional land and proximity to shopping, dining, and downtown.

627 QUAPAW Avenue, Hot Springs, AR 71901

View Details
New

$55,000

2,048 SF

Duplex Renovation Project

Two-unit residential property with a newer roof and renovation needs near public transportation.

111 Shadow Terrace, Hot Springs, AR 71901

View Details
$2,945,000

64,710 SF

Elevator-Served Apartment Building

Elevator- and ADA-accessible apartment building with 31 units, including a common coin laundry and sprinkler fire suppression.

125 OAK Street, Hot Springs, AR 71901

View Details
$189,900

1,523 SF

Updated Three-Bedroom Duplex Home

Three-bedroom, two-bath duplex on a corner lot with updated roof, HVAC, siding, windows, and granite countertops.

22 Steeplechase Court, Hot Springs, AR 71901

View Details

Similar Nearby for Lease

Contact for pricing

Historic Mixed-Use Townhome

Adaptable residence or business space with rooftop and main-level outdoor areas, historic character, and views toward Bathhouse Row.

121 Exchange Street, Hot Springs, AR 71901

View Details
New

Contact for pricing

Mixed-Use Space in Hot Springs

Mixed-use space for sale or lease near city transit.

622 Malvern Ave, Hot Springs, AR 71901

View Details
Contact for pricing
2,158 sqft

Corner Flex Space with Overhead Doors

Updated commercial building with three service bays, office space, and paved covered parking in the Central Business District.

340 Park Ave, Hot Springs National Park, AR 71901

View Details
$2,000/Mo

1,881 sqft

Renovated Retail Storefront Suites

Freshly renovated suites offer separate restrooms and utilities, with Suite A plumbed and wired for restaurant or bar use.

600 Park Avenue, Suites A&B, Hot Springs, AR 71901

View Details
Contact for pricing
14,000 sqft

Two-Story Office Building with Parking

Office building offering street-level access on two floors and 180 parking spaces in a two-story deck.

835 Central Ave, Hot Springs National Park, AR 71901

View Details
New

Contact for pricing
84,200 sqft

Industrial Warehouse with Dock Doors

Industrial/warehouse space with 10,500 sf office and eight dock-high doors at a traffic-light corner.

3770 Malvern Road, Hot Springs, AR 71901

View Details