Closed

$1,700,000

815 Park Ave, Hot Springs, AR 71901

--beds

--baths

14,983sqft

Apartment

Built in 1940

-- sqft lot

$1,695,600 Zestimate^®

$113/sqft

$1,124 Estimated rent

Home value

$1,695,600

$1.51M - $1.90M

$1,124/mo

Zestimate^® history

Owner options

List your home for rent

$1,124/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,124/mo

Rent Zestimate^®

Refinance and save

$7,867/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$7,867/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

A hybrid investment opportunity in the heart of one of Arkansas’s most vibrant tourism destinations! This beautifully renovated 30 unit apartment complex offers the best of both worlds: consistent long-term rental income paired with the lucrative upside of Air BNB units and a 2,000sqft updated on-site leasing office—perfect for self-management. Convenience is at your fingertips, as the apartment is just minutes away from local cafes, restaurants, art galleries, entertainment venues and the David F. Watkins Memorial Park. No seller financing! AGENTS - SEE REMARKS!

Facts & features

Interior

Heating

Natural Gas, Ductless

Cooling

Electric, Window Unit(s)

Appliances

Included: Free-Standing Range, Gas Range, Electric Range, Refrigerator, Gas Water Heater

Features

Sheet Rock, Plaster
Flooring: Luxury Vinyl
Basement: None

Interior area

Total structure area: 14,983
Total interior livable area: 14,983 sqft

Property

Parking

Parking features: Parking Pad

Features

Levels: One

Lot

Size: 0.7 Acres
Features: Level

Details

Parcel number: 40028650004000C
Zoning: CTR

Construction

Type & style

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

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1940

Utilities & green energy

Electric: Electric-Municipal
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Subdivision: HSR BLK

HOA

Has HOA: No

Location

Region: Hot Springs

Financial & listing details

Price per square foot: $113/sqft
Annual tax amount: $2,664
Date on market: 4/25/2025
Listing terms: Conventional,Cash
Lease term: Month To Month,12 Months,Other
Tenant pays: None
Road surface type: Paved

Price history

Date	Event	Price
9/22/2025	Sold	$1,700,000-5.6%$113/sqft
Source: CARMLS #25016240 Report a problem
6/18/2025	Contingent	$1,800,000$120/sqft
Source: CARMLS #25016240 Report a problem
4/25/2025	Listed for sale	$1,800,000+176.9%$120/sqft
Source: CARMLS #25016240 Report a problem
10/29/2016	Listing removed	$650,000$43/sqft
Source: Visual Tour #115598 Report a problem
9/9/2016	Listed for sale	$650,000$43/sqft
Source: Visual Tour #115598 Report a problem