# 316 HAZEL Street, Hot Springs, AR 71901

> **TL;DR:** 8bd/0ba multi-family, $579,000, built 1930. Est. $3,097/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $579,000 |
| Bedrooms | 8 |
| Year Built | 1930 |
| Property Type | Multi-Family (Apartment) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,928 |
| Estimated Insurance | $169 |
| **Total** | **$3,097** |

## Property Highlights

- Built in 1930

## Description

### Agent Description
Prime Investment Opportunity in Downtown Hot Springs! This income-producing 8-unit studio apartment complex offers an exceptional opportunity for investors seeking consistent cash flow and strong rental demand. Averaging, approximately 95% annual occupancy, with monthly rents ranging from $900-$985 per unit, this established property provides a solid income stream. The units are HUD-approved, and the current owner maintains relationships with multiple housing agencies, helping sustain high occupancy and reliable tenant placement. Situated on a commercially zoned improvement lot in the heart of downtown Hot Springs, the property offers excellent investment potential. The owner is prepared to assist with a seamless transition, including the transfer or handoff of applicable licensing, permits, and operational information. An established, turnkey investment opportunity with proven rental performance and income potential!

## Location

- **Address:** 316 HAZEL Street, Hot Springs, AR 71901
- **County:** Garland
- **Neighborhood:** HSR BLK 98
- **Coordinates:** 34.504854, -93.060346
- **Google Maps:** https://www.google.com/maps?q=34.504854,-93.060346

## Listing Agent

- **Name:** Shaila Sharrock
- **Brokerage:** Progressive Realtors
- **Broker Phone:** (501) 622-8440
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/316-Hazel-St_Hot-Springs_AR_71901_M77197-11588?f=listhub&s=HSBRAR&m=157620&c=propsimple)

## Photos

![316 HAZEL Street - Photo 1](http://lh.rdcpix.com/e6c967ea89de98a179dd616dfaddb04al-f4112528992r.jpg)

![316 HAZEL Street - Photo 2](http://lh.rdcpix.com/e6c967ea89de98a179dd616dfaddb04al-f114280207r.jpg)

![316 HAZEL Street - Photo 3](http://lh.rdcpix.com/e6c967ea89de98a179dd616dfaddb04al-f741062482r.jpg)

![316 HAZEL Street - Photo 4](http://lh.rdcpix.com/e6c967ea89de98a179dd616dfaddb04al-f2829913289r.jpg)

![316 HAZEL Street - Photo 5](http://lh.rdcpix.com/e6c967ea89de98a179dd616dfaddb04al-f1870028059r.jpg)

![316 HAZEL Street - Photo 6](http://lh.rdcpix.com/e6c967ea89de98a179dd616dfaddb04al-f1743074378r.jpg)

![316 HAZEL Street - Photo 7](http://lh.rdcpix.com/e6c967ea89de98a179dd616dfaddb04al-f634264001r.jpg)

---

**MLS#:** 157620 | **Updated:** 2026-10-25
**Source:** listhub

*Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/316-hazel-street-hot-springs-ar-71901-8dd30ce8ef13484893fb0156ed8d740b)

---

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