Skip main navigation
For sale
  • $2,945,000

    125 Oak St, Hot Springs National Park, AR 71901

    --beds
    --baths
    64,710sqft
    : 
    $18,585/mo
    Get pre-qualified
    Apartment
    Built in 1913
    -- sqft lot
    $-- Zestimate®
    $46/sqft
    $-- HOA

    What's special

    Fully sprinkled fire suppressionAda accessibilityCommon coin laundry roomIn unit laundry option
    Investors - Look at the returns here. Great property. Roof 2-3 years, HVAC systems 2 years, fully sprinkled fire suppression, elevator, ADA accessibility, common coin laundry room or in unit laundry option, electric metered separately, solid well maintained building, units in excellent repair, great location, tranquil setting with excellent views in all direction, easily +10,000ft²/929m² underutilized space to add additional rental units as desired. Initial major remodel when building was placed back in service approximately 2005 with continued maintenance. 31 total apartments 1br-5, 2br-18, 3br-8 with additional venue rental & party rooms. Historically contributing, but not restricted. Yearly- Electric $16,116, Internet & office phone $6299 (includes Air BnB & 1 Tenant), Water, Sewer, Trash $16,274, Taxes $18,304, Insurance $42,840, Elevator- contract, inspection, permit & emergency phone $5831, Cameras/Security $3617, Fire monitoring and service contract $1834, city business & STR permits $470, Pest & Termite $2024 - Expense $113,609 - Income $455,293 (includes rent, storage, tenant utility contribution, laundry, event space rental, non-refundable pet deposit, pet rent, STR, application fee) NOI $341,684 with a 10% vacancy rate and Cap of 11%. Income reflects some late 2025 downtime for remodel post long term contract. Without adding additional units, realizing $500k+ plus in gross is very reasonable. Owner operated. Leases on file.
    88 days
    |
    473
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Rix,

    Rix Realty - Advantage Team Realtors 501-205-1900

    Source: HSDS,MLS#: 155515MLS Logo

      Facts & features

      Interior

      Heating
      • Central Heat-Electric
      Cooling
      • Central Cool-Electric, Zoned
      Appliances
      • Included: Dishwasher, Electric Range, Free-Standing Stove, Refrigerator, Dryer, Electric Water Heater, Washer
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Breakfast Bar, Balcony/Loft, Ceiling Fan(s), Marble
      • Flooring: Partial Carpet, Tile, Vinyl, Wood
      • Basement: Full,Finished,Interior Entry,Exterior Entry,Heated,Cooled
      Interior area
      • Total structure area: 64,710
      • Total interior livable area: 64,710 sqft

      Property

      Parking
      • Parking features: Parking Pad
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Handicap Design
      Features
      • Levels: Four Story
      • Patio & porch: Porch
      • Exterior features: Dumpster
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.7 Acres
      • Dimensions: .70
      • Features: Corner Lot, In Subdivision, Level, Resort Property, Wooded

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Brick, Plaster, Sheet Rock, Plaster Ceiling, Sheet Rock Ceiling
      • Foundation: Slab
      • Roof: Flat
      Condition
      • Year built: 1913

      Utilities & green energy

      • Electric: Electric-Entergy
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Party Room, Manager Office
      • Security: Smoke Detector(s), Security System
      • Subdivision: Hsr
      Location
      • Region: Hot Springs National Park

      Financial & listing details

      • Price per square foot: $46/sqft
      • Annual tax amount: $18,304
      • Date on market: 5/15/2026
      • Lease term: Month To Month,12 Months
      • Tenant pays: Cable TV, Electricity, Other (See Remarks)
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,253/mo

        Price history

        DateEventPrice
        5/15/2026Listed for sale$2,945,000$46/sqft
        Source: HSDS #155515 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 71901

        Getting around

        81 / 100
        Very Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Hot Springs

        Source: HSDS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts