$399,999
 $2,147 est/mo Sourced by Back At You

121 Second Street,Hot Springs, AR 71913

Hot Springs, AR 71913

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Description

A fresh start for a money-producing gem! This centrally located six-unit apartment building has been thoughtfully remodeled and offers investors an excellent opportunity to step into a property where the major updates have already been tackled. Electrical and plumbing have been updated, along with a new roof, new windows, and replacement of most doors throughout the building. The main level features two identical units, each offering 1-2 bedrooms depending on configuration and use, plus one full bath. Upstairs are two additional 1-bedroom, 1-bath units, while the basement level provides two more 1-bedroom, 1-bath units. Each apartment is separately metered for electricity, providing straightforward utility management for ownership. With six units and extensive improvements already completed, convenient central location, this property has risen from the ashes. Whether you're expanding your rental portfolio or looking for an investment with multiple income-producing units under one roof, this one deserves a serious look. The heavy lifting has been donenow it's time to put this gem to work!

Details

MLS #156746
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1946
Days On Site26
Listing Provided ByRix Realty - Advantage Team Realtors | Stephen Inman-Crawley

Features

BasementY
Acreage0.08

Interior

Interior FeaturesHot Water Heater-Gas, Smoke Detector

Exterior

Exterior FeaturesGuttering
FoundationSlab

Utilities

UtilitiesElectric-Entergy, Gas-Natural, Sewer-Public, Water-Public

Area Information

StateAR
CountyGarland
CityHot Springs
Zip Code71913
AreaGarland
Community NameSouth Hot Spgs
School DistrictHot Springs
Listing VS Median (in South Hot Spgs)
Price:
$399,999
low | high
Med:
$185,000
100% of Average
On site:
26
low | high
Med:
52
50% of Average
Sourced by Back At You

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Learn More About This Property

StateAR
CountyGarland
CityHot Springs
Zip Code71913
AreaGarland
Community NameSouth Hot Spgs
School DistrictHot Springs
Listing VS Median (in South Hot Spgs)
Price:
$399,999
low | high
Med:
$185,000
100% of Average
On site:
26
low | high
Med:
52
50% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $499K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
121 Second Street Property Photo 1
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101 Second Street
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202 & 212 3RD Street Property Photo 1
$249,500
202 & 212 3rd Street
Hot Springs, AR 71913
Listing Updated: August 11, 2026 at 6:05:51 PM PDT