Home For Sale In Hot Springs, Arkansas

house for sale

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Listed: 02/17/24

190 Ward Street, Hot Springs, AR 71913, USA

6 Bed:

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Price

$ 199,900

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About This House

Investment Opportunity with 6 Units! This property comprises four1BR/1BAunits and two studio units. They are currently unoccupied due to fire/water restoration needed. The annual gross rental income is$42, 300when occupied but with updates, could be more! We have quotes in hand for the prices for complete restoration and remodel for all 6 units. In the current real estate landscape, securing an apartment building is challenging, making this a not-to-be-missed opportunity. Even with repairs needed, this is property is priced to sell! One unit will be on a lockbox while the remainder can be shown upon request!

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Houses for sale in Hot Springs

Original listing

Hot Springs Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
Apr 2024	$179,855 (0%)
Mar 2024	$179,855 (0%)
Feb 2024	$179,855 (0%)
Jan 2024	$179,855 (+38.4%)
Dec 2023	$129,976 (-7.6%)
Nov 2023	$140,689 (0%)

In April 2024, the asking price for 2 bed houses for sale in/near Hot Springs, United States averaged $179,855, staying on the same level compared to the previous month.

Median price trends for properties for sale in Hot Springs, United States as of April 2024.

Household Income

Median household income: $32,066

Number of households: 15,559

The average household income in Hot Springs, AR grew from $30,736 to $32,066 in the past year. This data is an estimate based upon 15,559 households in Hot Springs, AR.
The chart below presents how household income is distributed in Hot Springs, AR in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Hot Springs, AR compared to median property taxes around the country. The prevalent amount of property taxes in Hot Springs, AR equals <$800 , which is more than the national average.