Active

Price cut: $150K (6/4)

$1,400,000

308 Kleinshore Rd, Hot Springs National Park, AR 71913

17beds

12baths

8,272sqft

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Apartment

Built in 1980

-- sqft lot

$-- Zestimate^®

$169/sqft

$-- HOA

What's special

Prime waterfront locationBreathtaking lake viewsWarm inviting spaces

Don’t miss this rare opportunity to own a 9-unit multifamily property on the beautiful shores of Lake Hamilton, offering immediate income and strong rental appeal. The property features a desirable unit mix with eight 2-bedroom apartments—some offering up to two bathrooms—and one 1-bedroom, 1-bath unit, providing flexibility for a variety of tenants. Boat slips are available for tenants to rent, giving residents the chance to fully enjoy lakefront living. Each unit is filled with natural light, creating warm, inviting spaces that tenants will love. Step outside to take in breathtaking lake views—an amenity that consistently drives demand and adds long-term value. Whether you’re expanding your investment portfolio or looking for a dependable income-producing property in a prime waterfront location, this is an opportunity with both immediate returns and future potential.

95 days

241

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 12.5

Heating

Electric

Cooling

Electric

Appliances

Included: Built-In Range, Microwave, Dishwasher, Washer
Laundry: Electric Dryer Hookup

Features

Ceiling Fan(s)
Flooring: Partial Carpet, Tile, Laminate

Interior area

Total structure area: 8,272
Total interior livable area: 8,272 sqft

Property

Parking

Parking features: Parking Pad, Assigned

Features

Levels: Two
Patio & porch: Deck, Patio
Fencing: Partial
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Boat Slip, Lake Front, Lake
Body of water: Lake: Hamilton

Lot

Size: 0.53 Acres

Details

Zoning: unknown

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Apartment

Materials

Other
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1980

Utilities & green energy

Electric: Electric-Municipal
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: 8-3S-19W Unplatted Hot S

Location

Region: Hot Springs National Park

Financial & listing details

Price per square foot: $169/sqft
Annual tax amount: $5,771
Date on market: 4/3/2026
Listing terms: Conventional,Cash
Lease term: 12 Months
Total actual rent: 6645
Tenant pays: Electricity
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,386/mo

Price history

Date	Event	Price
6/4/2026	Price change	$1,400,000-9.7%$169/sqft
Source: HSDS #154775 Report a problem
4/2/2026	Listed for sale	$1,550,000$187/sqft
Source: HSDS #154775 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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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.

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.

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