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  • $1,400,000

    308 Kleinshore Rd, Hot Springs National Park, AR 71913

    17beds
    12baths
    8,272sqft
    : 
    $8,400/mo
    Get pre-qualified
    Apartment
    Built in 1980
    -- sqft lot
    $1,271,800 Zestimate®
    $169/sqft
    $-- HOA

    What's special

    Exceptional investment opportunity on the shores of beautiful Lake Hamilton! This 9-unit multifamily property offers a strong income-producing investment in one of Hot Springs' most desirable waterfront locations. The property includes eight spacious 2-bedroom apartments, with several units featuring two full bathrooms, along with one comfortable 1-bedroom, 1-bath apartment to accommodate a variety of rental needs. Residents enjoy the added benefit of optional boat slip rentals, allowing them to experience the Lake Hamilton lifestyle right outside their door. Large windows throughout the apartments provide abundant natural light, while many units capture beautiful views of the lake, creating an inviting atmosphere that attracts and retains tenants. With its prime lakefront setting, excellent rental potential, and consistent tenant appeal, this property is an outstanding opportunity for investors looking to expand their portfolio with a well-positioned, income-generating asset that offers both immediate cash flow and long-term appreciation potential.
    29 days
    |
    410
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Debi Jones 501-276-4446,

    Trademark Real Estate, Inc. 501-318-3200

    Source: CARMLS,MLS#: 26030899MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 17
      • Bathrooms: 12.5
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Free-Standing Range, Microwave, Dishwasher, Washer, Dryer
      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
      • Total spaces: 4
      • Parking features: Parking Pad, Assigned, Four Car or More
      Features
      • Levels: Two
      • Patio & porch: Deck, Patio
      • Fencing: Partial
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Dock, Dock - Swimming, Boat Slip, Ski Lake, Lake Front, Lake
      • Body of water: Lake: Hamilton
      Lot
      • Size: 0.53 Acres
      • Features: Sloped, Level, Resort Property, Cleared, Not in Subdivision, River/Lake Area, Waterfront
      Details
      • Zoning: CI

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Apartment
      Materials
      • Metal/Vinyl Siding
      • 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: Metes & Bounds
      Location
      • Region: Hot Springs National Park

      Financial & listing details

      • Price per square foot: $169/sqft
      • Annual tax amount: $5,771
      • Date on market: 7/30/2026
      • Listing terms: Conventional,Cash
      • Lease term: 12 Months
      • Total actual rent: 7145
      • Tenant pays: Electricity
      • Road surface type: Paved

        Estimated market value

        $1,271,800

        $1.20M - $1.34M

        $1,244/mo

        Price history

        DateEventPrice
        7/30/2026Listed for sale$1,400,000$169/sqft
        Source: CARMLS #26030899 Report a problem
        7/10/2026Listing removed$1,400,000$169/sqft
        Source: CARMLS #26012955 Report a problem
        6/4/2026Price change$1,400,000-9.7%$169/sqft
        Source: HSDS #154775 Report a problem
        4/2/2026Listed for sale$1,550,000$187/sqft
        Source: HSDS #154775 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: Rockwell

        Getting around

        24 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lake Hamilton
        • Middle: Lake Hamilton
        • High: Lake Hamilton

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

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