TURNKEY MULTI-FAMILY INVESTMENT IN HOT SPRINGS—RARELY OFFERED, HIGH-DEMAND ASSET! Unlock an exceptional opportunity to own eight fully occupied, income-producing duplex units in one of Hot Springs’ most desirable and fast-growing corridors—just off Central Avenue and minutes to Oaklawn Racing Casino Resort, medical facilities, lakes, restaurants, and major retail. Built in 2021, this modern, low-maintenance portfolio gives investors the perfect blend of strong rents, consistent occupancy, and minimal capital expenditures for years to come. These properties are only 4 years old, making them an ideal addition to any buy-and-hold portfolio seeking predictable performance and solid appreciation potential. Each of the eight units features: 2 bedrooms, 2 full baths with a bright and spacious open layout, dedicated laundry area accommodating full-size washer & dryer, granite countertops throughout and durable luxury vinyl in wet areas, all-electric utilities, energy-efficient windows + doors, modern HVAC & water heaters, full kitchen appliance package: refrigerator, electric stove, microwave, dishwasher & disposal, covered carport with lockable storage & additional concrete parking pads
Active
$1,450,000
180 Lakeland Dr, Hot Springs, AR 71913
--beds
--baths
2,232sqft
Est.:
Duplex
Built in 2021
-- sqft lot
$-- Zestimate®
$650/sqft
$-- HOA
What's special
- 2 days |
- 127 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: December 07, 2025 at 06:25pm
Listed by:
Tammy J Browning 501-881-9490,
Trademark Real Estate, Inc. 501-318-3200
Source: CARMLS,MLS#: 25048163
Tour with a local agent
Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Microwave, Electric Range, Dishwasher, Disposal, Electric Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Breakfast Bar, Sheet Rock
- Flooring: Laminate, Partial Carpet
- Doors: Insulated Doors
- Windows: Insulated Windows
Interior area
- Total structure area: 2,232
- Total interior livable area: 2,232 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Carport, Covered, Two Car
- Has carport: Yes
Features
- Levels: One
- Exterior features: Storage
- Fencing: Partial,Wood
Lot
- Size: 1.2 Acres
- Dimensions: 1.2 acres (appro x imately)
- Features: Not in Subdivision
Details
- Parcel number: 30008977000
- Zoning: CR
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick, Metal/Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2021
Utilities & green energy
- Electric: Electric-Municipal
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected
Green energy
- Energy efficient items: Doors
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Hot Springs Unplatted
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $650/sqft
- Tax assessed value: $933,350
- Annual tax amount: $8,549
- Date on market: 12/8/2025
- Listing terms: Cash,Conventional
- Lease term: 12 Months
- Tenant pays: Cable TV, Electricity
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Listed for sale | $1,450,000+3.6%$650/sqft |
Source: | ||
| 9/24/2024 | Sold | $1,400,000-12.5%$627/sqft |
Source: | ||
| 9/24/2024 | Contingent | $1,600,000$717/sqft |
Source: | ||
| 9/17/2024 | Listed for sale | $1,600,000$717/sqft |
Source: | ||
| 9/9/2024 | Contingent | $1,600,000$717/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,549 +1.3% | $186,670 |
| 2023 | $8,437 | $186,670 |
| 2022 | $8,437 +2395% | $186,670 +2422.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,206/mo
Principal & interest
$7142
Property taxes
$556
Home insurance
$508
Climate risks
Neighborhood: 71913
Nearby schools
GreatSchools rating
- 4/10Main Street Visual & Performing Arts Magnet SchoolGrades: PK-6Distance: 2.6 mi
- 5/10Hot Springs High SchoolGrades: 10-12Distance: 1.7 mi
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