Turnkey, income-producing duplex in the heart of Hot Springs. This fully furnished property is short-term rental permitted by the city and currently operates as a licensed Airbnb, offering a strong opportunity for immediate income once transitioned to a new owner. The duplex features two units: Unit A offers 3 bedrooms and 1 bathroom, while Unit B includes 2 bedrooms and 1 bathroom, both fully furnished and ready for continued short-term rental use. Situated on a spacious 0.40-acre lot, the property also includes a shared laundry area at the rear for guest convenience. Originally built in 1925 and remodeled in 2017, it combines historic character with updated functionality. Located in one of Arkansas’s most popular tourism markets, this property is well-positioned to benefit from consistent, year-round visitor demand. Ideal for investors seeking a true plug-and-play opportunity with immediate income potential in a high-demand rental market.
Active
Price cut: $15K (7/5)
$238,000
214 Elizabeth Ter, Hot Springs, AR 71901
--beds
--baths
1,600sqft
Duplex
Built in 1925
-- sqft lot
$225,000 Zestimate®
$149/sqft
$-- HOA
What's special
- 43 days |
- 161 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Dakota D Wright 501-209-1773,
Epique Realty 858-893-3537
Source: CARMLS,MLS#: 26021782
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Facts & features
Interior
Heating
- Natural Gas
Cooling
- Electric, Window Unit(s)
Appliances
- Included: Free-Standing Range, Microwave, Gas Range, Refrigerator, Washer, Dryer
- Laundry: Washer Hookup
Features
- Flooring: Tile, Wood
- Basement: Walk-Out Access
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 2
- Parking features: Parking Pad, Two Car
Accessibility
- Accessibility features: Customized Wheelchair Accessible
Features
- Levels: Two
- Patio & porch: Porch
Lot
- Size: 0.4 Acres
- Features: Sloped
Details
- Parcel number: 40047500011000
- Zoning: RN-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Duplex
Materials
- Metal/Vinyl Siding
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Electric-Municipal
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Features: Airport/Runway
- Subdivision: North Highland
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $96,000
- Annual tax amount: $542
- Date on market: 5/31/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Lease term: Weekly,Month To Month
- Tenant pays: None
- Road surface type: Gravel, Paved
Estimated market value
Zestimate®
$225,000
Estimated sales range
$214,000 - $236,000
Rent Zestimate®
$925/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/5/2026 | Price change | $238,000-5.9%$149/sqft |
Source: | ||
| 6/5/2026 | Price change | $253,000-3.1%$158/sqft |
Source: | ||
| 5/22/2026 | Price change | $261,000-3%$163/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $269,000+258.7%$168/sqft |
Source: | ||
| 5/28/2020 | Sold | $75,000-11.8%$47/sqft |
Source: | ||
| 2/20/2020 | Listed for sale | $85,000+41.7%$53/sqft |
Source: ESQ. Realty Group - Hot Springs #20005991 Report a problem | ||
| 3/21/2006 | Sold | $60,000+650%$38/sqft |
Source: Public Record Report a problem | ||
| 4/15/1991 | Sold | $8,000$5/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $542 +6.3% | $11,998 +7.7% |
| 2024 | $510 +9.8% | $11,141 +8.3% |
| 2023 | $465 +9.1% | $10,284 +9.1% |
| 2022 | $426 +8.8% | $9,427 +10% |
| 2021 | $392 | $8,570 |
| 2020 | $392 | $8,570 |
| 2019 | $392 -5.4% | $8,570 |
| 2018 | $414 | $8,570 |
| 2017 | $414 -15% | $8,570 -27.3% |
| 2016 | $487 | $11,790 |
| 2015 | $487 +0.2% | $11,790 |
| 2014 | $486 +6.4% | $11,790 +6.6% |
| 2013 | $457 +9.1% | $11,064 +9.1% |
| 2012 | $419 +10% | $10,142 +10% |
| 2011 | $381 +22.6% | $9,220 +22.6% |
| 2009 | $311 | $7,520 |
| 2008 | $311 -0.2% | $7,520 |
| 2007 | $311 | $7,520 +37% |
| 2006 | -- | $5,490 |
| 2005 | -- | $5,490 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 71901
Nearby schools
GreatSchools rating
- 4/10Langston Magnet SchoolGrades: PK-6Distance: 2.1 mi
- 5/10Hot Springs High SchoolGrades: 10-12Distance: 4 mi
- 8/10Park Magnet SchoolGrades: PK-6Distance: 3.3 mi
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- Arkansas
- Garland County
- Hot Springs
- 71901
- 214 Elizabeth Ter