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Off market
  • $291,300

    173 Hershell Rd, Hot Springs, AR 71913

    8beds
    3,864sqft
    MultiFamily
    Built in 2012
    -- sqft lot
    $-- Zestimate®
    $75/sqft
    $1,689 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,689/mo

    Zestimate® history
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    Owner options

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    Rent Zestimate®

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    $1,657/mo

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    What's special

    Renovated Duplex | $3,800+/Month Income Potential | Ideal House Hack or Investment For sale by owner- open to all offers Turnkey renovated duplex offering strong rental income and flexible living options. Each unit currently rents for approximately $1800- $1,900 per month, producing $3,800+ monthly income ($45,600 annually) when fully occupied. One unit is currently leased at $1,925/month, making this an excellent opportunity for both investors and owner-occupants. Owner-occupants can live in one unit while renting the other to significantly offset their mortgage. With the neighboring unit renting for approximately $1,925/month, buyers can dramatically reduce their monthly housing cost while building equity. The property has undergone extensive renovations including new luxury vinyl plank flooring, full interior repaint, updated bathrooms with new vanities and fixtures, new lighting throughout, and two HVAC systems (one dedicated system per unit). A new roof was installed in 2023. New appliances in both units (dishwasher, fridge, and stove in both). Laundry hookups in both units. Unit B has a privacy fenced yard area. Each spacious unit features approximately 1,975 square feet, offering 4 bedrooms, 2 full bathrooms, and two half bathrooms per unit, providing a rare large-format duplex layout ideal for families or long-term tenants. The property also offers flexibility for investors seeking to maximize income through strategies such as mid-term rentals, short-term rentals, or alternative layout configurations. (subject to local regulations) Investment Highlights • Current rent potential: ~$3,825/month • Annual income potential: ~$45,900 • Gross Rent Multiplier: ~11.5 • Price per unit: ~$264,500 • Price per square foot: ~$134 Conveniently located in Lake Hamilton school district, this property offers both strong rental demand and long-term investment potential.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 4
    • 1/2 bathrooms: 4
    Heating
    • Other
    Cooling
    • Central
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 3,864 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: 10014060001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Foundation: Piers
    • Roof: Other
    Condition
    • Year built: 2012

    Community & neighborhood

    Location
    • Region: Hot Springs

    Price history

    DateEventPrice
    5/12/2026Listing removed--
    Source: Owner Report a problem
    4/26/2026Price change$515,000-4.5%$133/sqft
    Source: Owner Report a problem
    4/13/2026Listed for sale$539,000$139/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $58,260
    2023-- $58,260

    Find assessor info on the county website

    Neighborhood: 71913

    Nearby schools

    GreatSchools rating
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