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.
Active
$1,400,000
308 Kleinshore Rd, Hot Springs National Park, AR 71913
17beds
12baths
8,272sqft
Apartment
Built in 1980
-- sqft lot
$1,271,800 Zestimate®
$169/sqft
$-- HOA
What's special
- 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#: 26030899
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
Zestimate®
$1,271,800
Estimated sales range
$1.20M - $1.34M
Rent Zestimate®
$1,244/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $1,400,000$169/sqft |
Source: | ||
| 7/10/2026 | Listing removed | $1,400,000$169/sqft |
Source: | ||
| 6/4/2026 | Price change | $1,400,000-9.7%$169/sqft |
Source: | ||
| 4/2/2026 | Listed for sale | $1,550,000$187/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Rockwell
Nearby schools
GreatSchools rating
- 7/10Lake Hamilton Intermediate SchoolGrades: 4-5Distance: 5.2 mi
- 6/10Lake Hamilton Middle SchoolGrades: 6-7Distance: 5.1 mi
- 6/10Lake Hamilton High SchoolGrades: 10-12Distance: 5.3 mi
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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