118 Garland Ave, Hot Springs, AR 71913
118 Garland Ave, Hot Springs, AR 71913
118 Garland Ave, Hot Springs, AR 71913
118 Garland Ave, Hot Springs, AR 71913
118 Garland Ave, Hot Springs, AR 71913
118 Garland Ave, Hot Springs, AR 71913
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$ 299,000
Est. payment | /mo

2,021 SqFt


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$ 299,000
Est. payment | /mo
Save

2,021 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,021 sqft

Price per Sqft $147

Subdivision Dawers

MLS Listing ID 26014055

Style Craftsman

Year Built 1939

Annual Tax Amount $666

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Fourplex

Property Description

Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property's layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization.

Location

State AR

County Garland

Area Hot Springs School District

Zoning Residentia

Rooms

Kitchen Gas Range

Interior

Heating Mini Split

Flooring Ceramic, Laminate

Equipment Gas Range

Exterior

Parking Features Parking Pads

Utilities Available All Underground

Roof Type Architectural Shingle

Building

Lot Description Sloped

Foundation Crawl Space

New Construction No

Listed by Signature Homes Real Estate • Karina A Alvarez

Nearby Locations

Lora Blair

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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118 Garland Ave