Investor alert! Presenting two updated two-story duplexes just off Park Avenue — minutes from downtown Hot Springs and perfectly positioned for long-term or short-term rental income. Each unit features two bedrooms, recent updates throughout, and a layout that tenants love. With four units total, this is a turnkey income-producing opportunity with built-in cash flow from day one. Two units are currently occupied at $1,200 and $1,475/month, with recent rents at $1,475 — and given their prime location just minutes from downtown, these units are ready for even greater returns. Whether you’re a seasoned investor looking to expand your portfolio or a first-timer ready to get into the game, these duplexes check all the right boxes — updated, occupied, and primed for growth. Properties like this don’t sit long. Call today before someone else does!
For sale
$485,000
201 & 203 Parallel St, Hot Springs National Park, AR 71901
--beds
--baths
--sqft
Quadruplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Updated two-story duplexesRecent updates throughout
- 64 days
- 123
- 8
Zillow last checked:
Listing updated:
Listed by:
David Hall,
The Goff Group Real Estate 501-525-0908,
Haleigh Horner,
The Goff Group Real Estate
Source: HSDS,MLS#: 156184
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 7,405 Square Feet
- Dimensions: .17
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- Year built: 1920
Utilities & green energy
- Electric: Electric-Entergy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Gantts Addition
Location
- Region: Hot Springs National Park
Financial & listing details
- Date on market: 6/30/2026
- Tenant pays: Other (See Remarks)
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,097/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $485,000-3% |
Source: | ||
| 2/26/2026 | Listing removed | $499,900 |
Source: | ||
| 2/9/2026 | Price change | $499,900-4.8% |
Source: | ||
| 6/24/2025 | Price change | $525,000-4.5% |
Source: | ||
| 1/17/2025 | Price change | $550,000-1.8% |
Source: | ||
| 12/10/2024 | Price change | $560,000-2.6% |
Source: | ||
| 8/26/2024 | Listed for sale | $575,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 71901
Nearby schools
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.






