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$199,000

320 MORRISON Street, Hot Springs AR, 71901

Built in1930
Property typeMulti-family

Overview

Active

Listed Oct 20, 2026

Updated 8 days ago

DOUBLE THE DOORS, STEADY CASH FLOW & SERIOUS INVESTMENT POTENTIAL! Investors, here's your opportunity to add an established income-producing property to your portfolio! Located at 320 Morrison Avenue in Hot Springs, this duplex features TWO spacious 2-bedroom, 1-bathroom units, each averaging $950 per month in rental income, with an impressive 95% annual occupancy rate and approximately $21,660 in estimated annual gross rental income! EVEN BETTER? TENANTS PAY THEIR OWN UTILITIES! That's one less operating expense for the owner and more income potential for your investment. With a strong rental history, consistent occupancy, and two separate income streams, this property offers an attractive opportunity for investors seeking dependable cash flow without starting from scratch. Whether you're a seasoned investor expanding your portfolio or a first-time buyer ready to enter the rental market, this duplex checks the boxes: established rental demand, tenant-paid utilities, consistent income, and long-term investment potential! TWO UNITS. FOUR BEDROOMS. TWO INCOME STREAMS. ONE SMART INVESTMENT! Don't just buy property—buy income potential! Schedule your showing today and discover what this investment could do for your portfolio.

$1,324/mo

Est. mortgage payment based on a $199,000 home price.

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

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Listed by Shaila Sharrock with Progressive Realtors
Listing Contact: 501-209-5884 

The IDX display contains information sourced from the Hot Springs Board of REALTORS® as of 10/21/2026. 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 10/21/2026 at 4:29 AM UTC

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