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  • Price cut: $10K (7/6)
    $289,000

    118 Garland Ave, Hot Springs National Park, AR 71913

    --beds
    --baths
    2,021sqft
    : 
    $1,810/mo
    Get pre-qualified
    Quadruplex
    Built in 1939
    -- sqft lot
    $-- Zestimate®
    $143/sqft
    $-- HOA

    What's special

    One efficiency unit
    Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property’s layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization.
    138 days
    |
    91
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karina A Alvarez 501-693-4223,

    Signature Homes Real Estate 501-359-3059

    Source: CARMLS,MLS#: 26014055MLS Logo

      Facts & features

      Interior

      Heating
      • Ductless
      Appliances
      • Included: Gas Range
      Features
      • Flooring: Ceramic Tile, Laminate
      Interior area
      • Total structure area: 2,021
      • Total interior livable area: 2,021 sqft

      Property

      Parking
      • Parking features: Parking Pad
      Features
      • Levels: Two
      Lot
      • Size: 6,969 Square Feet
      • Features: Sloped
      Details
      • Parcel number: 40014350016000
      • Zoning: Residentia

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman
      • Property subtype: Quadruplex
      Materials
      • Frame, Metal/Vinyl Siding
      • Foundation: Crawl Space
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1939

      Utilities & green energy

      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Subdivision: Dawers
      Location
      • Region: Hot Springs National Park

      Financial & listing details

      • Price per square foot: $143/sqft
      • Annual tax amount: $666
      • Date on market: 4/10/2026
      • Tenant pays: All Utilities
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $952/mo

        Price history

        DateEventPrice
        7/6/2026Price change$289,000-3.3%$143/sqft
        Source: CARMLS #26014055 Report a problem
        4/10/2026Listed for sale$299,000+1.4%$148/sqft
        Source: CARMLS #26014055 Report a problem
        8/15/2025Listing removed$295,000$146/sqft
        Source: CARMLS #25011954 Report a problem
        3/28/2025Listed for sale$295,000+168.2%$146/sqft
        Source: CARMLS #25011954 Report a problem
        2/22/2023Sold$110,000$54/sqft
        Source: CARMLS #22041013 Report a problem
        1/23/2023Contingent$110,000$54/sqft
        Source: CARMLS #22041013 Report a problem
        1/23/2023Pending sale$110,000$54/sqft
        Source: HSDS #140926 Report a problem
        1/11/2023Price change$110,000-4.3%$54/sqft
        Source: CARMLS #22041013 Report a problem
        12/29/2022Listed for sale$115,000+13.9%$57/sqft
        Source: HSDS #140926 Report a problem
        2/25/2021Sold$101,000-8.1%$50/sqft
        Source: CARMLS #20037264 Report a problem
        12/29/2020Listing removed$109,900$54/sqft
        Source: CBRPM Hot Springs #20037264 Report a problem
        12/3/2020Listed for sale$109,900$54/sqft
        Source: CBRPM Hot Springs #20037264 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 71913

        Getting around

        74 / 100
        Very Walkable

        Nearby schools

        GreatSchools rating

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