About This Home

This 0-bedroom, 0-bathroom multi-family at 121 Second Street in Hot Springs, AR is listed for $399,999 ($87 per sqft). Built in 1946, the home offers 4,610 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1946
  • 0.08 acre lot
  • 3 stories

Property Details

3 stories
1946
Listing Description

A fresh start for a money-producing gem! This centrally located six-unit apartment building has been thoughtfully remodeled and offers investors an excellent opportunity to step into a property where the major updates have already been tackled. Electrical and plumbing have been updated, along with a new roof, new windows, and replacement of most doors throughout the building.

The main level features two identical units, each offering 1-2 bedrooms depending on configuration and use, plus one full bath. Upstairs are two additional 1-bedroom, 1-bath units, while the basement level provides two more 1-bedroom, 1-bath units. Each apartment is separately metered for electricity, providing straightforward utility management for ownership.

With six units and extensive improvements already completed, convenient central location, this property has risen from the ashes. Whether you're expanding your rental portfolio or looking for an investment with multiple income-producing units under one roof, this one deserves a serious look. The heavy lifting has been done-now it's time to put this gem to work!

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

121 Second Street

Hot Springs, AR 71913

South Hot Springs

Features & Amenities

Interior Features

Hot Water Heater-Gas

Exterior Features

Guttering

Property Details

Flooring

Vinyl

Appliances

Free-Standing StoveRefrigerator-StaysFree-Standing StoveRefrigerator-Stays

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 121 Second Street is listed at $399,999 ($87/sqft). The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.08 acre lot, 3 stories. Interior Features: Hot Water Heater-Gas. Exterior Features: Guttering.

This property is listed by Stephen Inman-Crawley.

SI

Stephen Inman-Crawley

Agent at Rix Realty - Advantage Team Realtors

Listed by Rix Realty - Advantage Team Realtors · Broker phone: (501) 627-4075 · View on Broker Site · Broker website

MLS# 26032437· Source: Cooperative Arkansas Realtors Multiple Listing Service· 82 days on PropertySimple

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 Second Street, Hot Springs, AR 71913

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