201 & 203 Parallel Street, Hot Springs, AR 71901

Local realty services provided by:ERA Doty Real Estate
201 & 203 Parallel Street,Hot Springs, AR 71901
$525,000
  • - Beds
  • - Baths
  • 3,832 sq. ft.
  • Multi-family
  • Active
Listed by:beau durbin
Office:esq. realty group - hot springs
MLS#:24031804
Source:AR_CARMLS

Price summary

  • Price:$525,000
  • Price per sq. ft.:$137

About this home

Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!

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Home facts

  • Year built:1920
  • Listing Id #:24031804
  • Added:355 day(s) ago
  • Updated:August 20, 2025 at 02:21 PM

Rooms and interior

  • Living area:3,832 sq. ft.

Heating and cooling

  • Cooling:Central Cool-Electric
  • Heating:Central Heat-Gas

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1920
  • Building area:3,832 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Hot Springs
  • Middle school:Hot Springs
  • Elementary school:Hot Springs

Utilities

  • Water:Hot Water Heater-Electric, Hot Water Heater-Gas, Water-Public
  • Sewer:Sewer-Public

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$137
  • Tax amount:$2,500