About This Home

This 4-bedroom, 0-bathroom multi-family at 320 MORRISON Street in Hot Springs, AR is listed for $199,000. Built in 1930, on a N/A lot.

Key Features

  • Built in 1930

Property Details

1930
Listing Description

DOUBLE THE DOORS, STEADY CASH FLOW & SERIOUS INVESTMENT POTENTIAL! Investors, here's your opportunity to add an established income-producing property to your portfolio! Located at 320 Morrison Avenue in Hot Springs, this duplex features TWO spacious 2-bedroom, 1-bathroom units, each averaging $950 per month in rental income, with an impressive 95% annual occupancy rate and approximately $21,660 in estimated annual gross rental income!

EVEN BETTER? TENANTS PAY THEIR OWN UTILITIES! That's one less operating expense for the owner and more income potential for your investment. With a strong rental history, consistent occupancy, and two separate income streams, this property offers an attractive opportunity for investors seeking dependable cash flow without starting from scratch.

Whether you're a seasoned investor expanding your portfolio or a first-time buyer ready to enter the rental market, this duplex checks the boxes: established rental demand, tenant-paid utilities, consistent income, and long-term investment potential! TWO UNITS. FOUR BEDROOMS. TWO INCOME STREAMS. ONE SMART INVESTMENT! Don't just buy property-buy income potential! Schedule your showing today and discover what this investment could do for your portfolio.

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

320 MORRISON Street

Hot Springs, AR 71901

Morrison&Beldng

Questions & Answers

This 4-bedroom, 0-bathroom multi-family at 320 MORRISON Street is listed at $199,000. The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930.

This property is listed by Shaila Sharrock.

SS

Shaila Sharrock

Agent at Progressive Realtors

Listed by Progressive Realtors · Broker phone: (501) 622-8440 · View on Broker Site · Broker website

MLS# 157669· Source: Hot Springs Board of Realtors· 3 days on PropertySimple

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.

320 MORRISON Street, Hot Springs, AR 71901

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