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About This Home

This 4-bedroom, 2-bathroom condo at 402 N Ferguson Street in Hope, AR is listed for $109,900 ($73 per sqft). Built in 2008, the home offers 1,500 sqft of living space on a 0.17 acres lot.

Agent Description

Investor-ready duplex opportunity in Hope, Arkansas delivering stable cash flow and long-term rental demand. Located at 402 N Ferguson Street, this well-maintained duplex was built in 2008 and features two 2-bedroom, 1-bath units with approximately 1,500 total square feet.

Both units are occupied by long-term tenants with current rents totaling $1,100 per month ($550 per unit), providing immediate income from day one. The Hope market supports approximately a 10% cap rate, making this property attractive for investors seeking strong yield, affordability, and minimal turnover.

Practical layouts, newer construction relative to the market, and consistent tenant demand contribute to stable performance. Hope is a recognized agricultural community known for the annual Watermelon Festival and an outdoor-driven lifestyle centered around hunting and fishing.

The area benefits from proximity to regional employment and population centers including Texarkana, Shreveport, Little Rock, Hot Springs, and Arkadelphia, supporting ongoing rental demand. Ideal for investors seeking a turnkey duplex, portfolio expansion, or entry into Arkansas income-producing real estate.

Key Features

  • Built in 2008
  • 0.17 acre lot

Property Details

1 story
2 full
2008

Monthly Cost Estimate

$588/mo

20% down · 6.5% · 30 years

Principal$79
Interest$476
Insurance$32

Estimates only. Actual payments may vary.

Location

402 N Ferguson Street

Hope, AR 71801

Metes & Bounds

Property Details

Flooring

Vinyl

Appliances

Electric Range

Questions & Answers

This 4-bedroom, 2-bathroom condo at 402 N Ferguson Street is listed at $109,900 ($73/sqft). The estimated monthly payment is $476 based on 20% down at 6.5% interest.

Key features include: Built in 2008, 0.17 acre lot.

This property is listed by Jason Edington and can be reached at 8702101445 or JasonEdington@kw.com.

JE

Jason Edington

Agent at Keller Williams Realty Hot Springs

(870) 210-1445

Listed by Keller Williams Realty Hot Springs · View on Broker Site

MLS# 26005655· Source: listhub· Updated 108 days ago

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.

402 N Ferguson Street, Hope, AR 71801

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