Investor-ready duplex opportunity in Hope, Arkansas delivering stable cash flow and long-term rental demand. Located at 402 N Ferguson Street, this well-maintained duplex was built in 2008 and features two 2-bedroom, 1-bath units with approximately 1,500 total square feet. Both units are occupied by long-term tenants with current rents totaling $1,100 per month ($550 per unit), providing immediate income from day one. The Hope market supports approximately a 10% cap rate, making this property attractive for investors seeking strong yield, affordability, and minimal turnover. Practical layouts, newer construction relative to the market, and consistent tenant demand contribute to stable performance. Hope is a recognized agricultural community known for the annual Watermelon Festival and an outdoor-driven lifestyle centered around hunting and fishing. The area benefits from proximity to regional employment and population centers including Texarkana, Shreveport, Little Rock, Hot Springs, and Arkadelphia, supporting ongoing rental demand. Ideal for investors seeking a turnkey duplex, portfolio expansion, or entry into Arkansas income-producing real estate.
Active under contract
$109,900
402 N Ferguson St, Hope, AR 71801
4beds
1,500sqft
Townhouse
Built in 2008
7,405 Square Feet Lot
$106,000 Zestimate®
$73/sqft
$-- HOA
What's special
Well-maintained duplexPractical layouts
- 182 days |
- 65 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jason Edington 870-210-1445,
Keller Williams Realty Hot Springs 501-907-5959,
Dustin Reynolds 214-548-7996,
Keller Williams Realty
Source: CARMLS,MLS#: 26005655
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Den/Family Room
Dining room
- Features: Kitchen/Dining Combo
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Electric Range
Features
- All Bedrooms Down
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,405 Square Feet
- Features: Sloped
Details
- Parcel number: 70001369000
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Metal/Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2008
Details
- Builder name: Odom
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Metes & Bounds
HOA
- Has HOA: No
Location
- Region: Hope
Financial & listing details
- Price per square foot: $73/sqft
- Annual tax amount: $740
- Date on market: 2/13/2026
- Listing terms: Conventional,Cash
- Road surface type: Paved
Estimated market value
Zestimate®
$106,000
Estimated sales range
$101,000 - $111,000
Rent Zestimate®
$1,295/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Contingent | $109,900$73/sqft |
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| 7/31/2026 | Listed for sale | $109,900$73/sqft |
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| 7/10/2026 | Contingent | $109,900$73/sqft |
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| 2/13/2026 | Listed for sale | $109,900-15.4%$73/sqft |
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| 2/12/2025 | Listing removed | $129,900$87/sqft |
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| 7/11/2024 | Listed for sale | $129,900$87/sqft |
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| 2/1/2024 | Listing removed | $129,900$87/sqft |
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| 8/16/2023 | Listed for sale | $129,900$87/sqft |
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| 7/18/2023 | Listing removed | $129,900$87/sqft |
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| 7/22/2022 | Listed for sale | $129,900$87/sqft |
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| 7/18/2022 | Listing removed | $129,900$87/sqft |
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| 1/18/2022 | Listed for sale | $129,900$87/sqft |
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 71801
Nearby schools
GreatSchools rating
- 4/10Beryl Henry Upper Elementary SchoolGrades: 5-6Distance: 1.8 mi
- 3/10Yerger Junior High SchoolGrades: 7-8Distance: 1.2 mi
- 4/10Hope High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Hope
- Middle: Hope
- High: Hope
Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Save
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