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  • $1,325,000

    180 Lakeland Dr, Hot Springs, AR 71913

    --beds
    --baths
    2,232sqft
    Duplex
    Built in 2021
    -- sqft lot
    $1,328,500 Zestimate®
    $594/sqft
    $1,629 Estimated rent

    Home value

    $1,328,500

    $1.20M - $1.47M

    $1,629/mo

    Zestimate® history
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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Tammy J Browning 501-881-9490,

    Trademark Real Estate, Inc.

    Bought with:

    Jesse Clark, AR

    Clark & Co. Realty

    Source: CARMLS,MLS#: 25048163MLS Logo

    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: Partial Carpet, Laminate
    • 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: Carport, Two Car, Assigned, Covered
    • 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: $594/sqft
    • Tax assessed value: $933,350
    • Annual tax amount: $8,549
    • Date on market: 12/8/2025
    • Listing terms: Conventional,Cash
    • Lease term: 12 Months
    • Tenant pays: Electricity, Cable TV
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/1/2026Listing removed$1,450,000+9.4%$650/sqft
    Source: HSDS #153480 Report a problem
    2/27/2026Sold$1,325,000-8.6%$594/sqft
    Source: CARMLS #25048163 Report a problem
    12/8/2025Listed for sale$1,450,000+3.6%$650/sqft
    Source: HSDS #153480 Report a problem
    9/24/2024Sold$1,400,000-12.5%$627/sqft
    Source: CARMLS #24019117 Report a problem
    9/24/2024Contingent$1,600,000$717/sqft
    Source: CARMLS #24019117 Report a problem
    9/17/2024Listed for sale$1,600,000$717/sqft
    Source: CARMLS #24019117 Report a problem
    9/9/2024Contingent$1,600,000$717/sqft
    Source: CARMLS #24019117 Report a problem
    6/1/2024Listed for sale$1,600,000$717/sqft
    Source: CARMLS #24019117 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,437 -1.3%$186,670
    2024$8,549 +1.3%$186,670
    2023$8,437 $186,670
    2022$8,437 +2395%$186,670 +2422.6%
    2021$338 $7,400
    2020$338 +7.2%$7,400
    2019$315 $7,400
    Find assessor info on the county website

    Neighborhood: 71913

    Nearby schools

    GreatSchools rating
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