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429 Henderson St - Henderson 2 Unit Apartment Building Offered at $335,000 Hot Springs, AR 71913

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INVESTMENT HIGHLIGHTS

  • Located in the heart of Hot Springs, AR
  • Additional lot included
  • Within walking distance to Oaklawn Racing & Casino

EXECUTIVE SUMMARY

This multifamily property offers instant income with 2 fully occupied units. The duplex offers a combined total of 2688 sq ft with 8 bedrooms and 4 bathrooms, making it an ideal setting for substantial rental income. Located in the heart of Hot Springs and within walking distance to Oaklawn Racing & Casino. Currently, one-year leases secure a monthly income of $3,100. The duplex sits on a spacious corner lot and comes with an additional fenced lot, offering ample space for parking and outdoor entertainment. Both units are in good repair with a newer roof and offer new floors, updated kitchens and bathrooms, updated electrical, and efficient new window air conditioning units and new gas wall heaters. The larger unit features 5 bedrooms and 2 bathrooms, while the cozier unit offers 3bedrooms and 2 bathrooms. Please note, showings are by appointment only and must be scheduled at least 24 hours in advance. Please respect the privacy of the current residents by not visiting the property unannounced. If you're looking to expand your investment portfolio or step into the landlord game, this duplex promises a blend of steady income and growth potential. Contact agent for more information.

PROPERTY FACTS

Price $335,000
Price Per Unit $167,500
Sale Type Investment
No. Units 2
Property Type Multifamily
Lot Size 0.47 AC
Building Size 2,688 SF
Average Occupancy 100%
No. Stories 1
Year Built 1930

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
8+4 2 $1,550 -
  • Listing ID: 35916201

  • Date on Market: 5/19/2025

  • Last Updated:

  • Address: 429 Henderson St, Hot Springs, AR 71913

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