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For sale
  • $579,000

    310 Hawthorne St, Hot Springs, AR 71901

    --beds
    --baths
    --sqft
    : 
    $3,744/mo
    Get pre-qualified
    Apartment
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    One studio
    INVESTORS, TAKE NOTICE! TURNKEY INCOME, CONSISTENT OCCUPANCY & SERIOUS UPSIDE POTENTIAL! Looking for an investment that starts working for you from DAY ONE? Welcome to 310 Hawthorne Street, a five-unit income-producing property in the heart of Hot Springs! Featuring four 1-bedroom units and one studio, with all utilities included, this property boasts approximately 90% annual occupancy and averages $975 per unit monthly, generating nearly $54,000 in annual gross rental income! What truly sets this investment apart? The seller is willing to help set you up for success! Benefit from a hands-on transition, including introductions to established contacts, rental resources, and relationships involving VA and HUD housing programs that have helped keep these units consistently occupied. You're not just buying real estate—you're stepping into an established rental operation with valuable connections already in place! Situated in a Commercial Improvement area, this property offers exciting possibilities for future growth and value enhancement, subject to applicable approvals. Whether you're expanding your portfolio or purchasing your first multifamily investment, this is an opportunity to acquire five income-producing doors with established rental demand and the potential for a 10%+ return on investment! FIVE DOORS. ONE INVESTMENT. INCOME FROM DAY ONE. Opportunities like this deserve a serious look. Schedule your showing and explore the numbers for yourself!
    12 days
    52
    1

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Shaila Sharrock 501-209-5884,

    Progressive Realtors 501-622-8440,

    David Miller 501-622-8440,

    Progressive Realtors

    Source: HSDS,MLS#: 157659MLS Logo

      Facts & features

      Interior

      Heating
      • Floor/Wall Furnace, Space Heater-Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Gas Range
      Features
      • Has basement: No

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,271 Square Feet
      • Dimensions: 5271 SQFT
      Details
      • Zoning description: C-G General Comm District

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      Condition
      • Year built: 1920

      Utilities & green energy

      • Electric: Electric-Entergy
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Hsr
      Location
      • Region: Hot Springs

      Financial & listing details

      • Date on market: 10/20/2026
      • Lease term: Month To Month,12 Months
      • Tenant pays: None
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,163/mo

        Price history

        DateEventPrice
        10/20/2026Listed for sale$579,000+5.5%
        Source: HSDS #157659 Report a problem
        12/17/2024Listing removed$549,000
        Source: CARMLS #24025232 Report a problem
        8/14/2024Price change$549,000+10%
        Source: CARMLS #24025232 Report a problem
        7/16/2024Listed for sale$499,000+164%
        Source: CARMLS #24025232 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        8/17/2017Listing removed$600
        Source: Owner Report a problem
        7/14/2017Price change$600+9.1%
        Source: Owner Report a problem
        5/26/2017Price change$550+10%
        Source: Owner Report a problem
        2/9/2017Listed for rent$500
        Source: Owner Report a problem
        4/9/2015Listing removed$189,000
        Source: Hot Springs Realty #108342 Report a problem
        10/7/2014Listed for sale$189,000
        Source: Hot Springs Realty #108342 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: 71901

        Getting around

        82 / 100
        Very Walkable
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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