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$485,000

201 & 203 PARALLEL, Hot Springs AR, 71901

Built in1920
Property typeMulti-family

Overview

Active

Listed Jun 30, 2026

Updated Jul 1

Investor alert! Presenting two updated two-story duplexes just off Park Avenue — minutes from downtown Hot Springs and perfectly positioned for long-term or short-term rental income. Each unit features two bedrooms, recent updates throughout, and a layout that tenants love. With four units total, this is a turnkey income-producing opportunity with built-in cash flow from day one. Two units are currently occupied at $1,200 and $1,475/month, with recent rents at $1,475 — and given their prime location just minutes from downtown, these units are ready for even greater returns. Whether you’re a seasoned investor looking to expand your portfolio or a first-timer ready to get into the game, these duplexes check all the right boxes — updated, occupied, and primed for growth. Properties like this don’t sit long. Call today before someone else does!

$3,227/mo

Est. mortgage payment based on a $485,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

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Listed by David Hall with The Goff Group Real Estate
Listing Contact: 501-276-2280 

The IDX display contains information sourced from the Hot Springs Board of REALTORS® as of 7/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Hot Springs Board of REALTORS® all rights reserved.

Data last updated on 7/1/2026 at 5:11 AM UTC

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