# 500 N McRae St, Hope, AR 71801 > **TL;DR:** 4bd/2ba multi-family, $124,000 ($83/sqft), built 2008, 1,500 sqft. Est. $663/mo. Listed 30 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $124,000 | | Price/sqft | $83 | | Bedrooms | 4 | | Bathrooms | 2 full | | Square Feet | 1,500 | | Year Built | 2008 | | Lot Size | 11,326 sqft (0.26 acres) | | Stories | 1 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 30 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $627 | | Estimated Insurance | $36 | | **Total** | **$663** | ## Property Highlights - Built in 2008 - 0.26 acre lot ## Description ### Agent Description INVESTOR OPPORTUNITY - DUPLEX IN HOPE, ARKANSAS | $124,000 Turnkey income potential at an attractive price point! Investors looking for affordable rental property with potential for strong cash flow should take a look at this 1,500 sq. ft. duplex in Hope, Arkansas, offered at just $124,000. This duplex provides the opportunity to own two rental units under one roof, creating the potential for multiple income streams while keeping the acquisition cost accessible. Why Investors Should Take a Look Asking Price: $124,000 Duplex - two rental units Approximately 1,500 sq. ft. Located in Hope, Arkansas Two units provide the potential for diversified rental income Affordable entry point for investors seeking to build a rental portfolio Potential upside through rent optimization, improvements, and professional property management Opportunity to benefit from long-term rental demand and property appreciation ## Location - **Address:** 500 N McRae St, Hope, AR 71801 - **County:** Hempstead - **Neighborhood:** FRISCO - **Coordinates:** 33.671797, -93.600984 - **Google Maps:** https://www.google.com/maps?q=33.671797,-93.600984 ## Listing Agent - **Name:** Jason Edington - **Brokerage:** Keller Williams Realty - **Phone:** 8702101445 - **Broker Phone:** (501) 907-5959 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/500-N-McRae-St_Hope_AR_71801_M70549-68369?f=listhub&s=CARMLS&m=26036467&c=propsimple) ## Photos ![500 N McRae St - Photo 1](http://lh.rdcpix.com/05a5cafa4581db1500b22801797eac86l-f1781311077r.jpg) ![500 N McRae St - Photo 2](http://lh.rdcpix.com/05a5cafa4581db1500b22801797eac86l-f2458227409r.jpg) ![500 N McRae St - Photo 3](http://lh.rdcpix.com/05a5cafa4581db1500b22801797eac86l-f842986863r.jpg) ![500 N McRae St - Photo 4](http://lh.rdcpix.com/05a5cafa4581db1500b22801797eac86l-f859656759r.jpg) ![500 N McRae St - Photo 5](http://lh.rdcpix.com/05a5cafa4581db1500b22801797eac86l-f4145536998r.jpg) ![500 N McRae St - Photo 6](http://lh.rdcpix.com/05a5cafa4581db1500b22801797eac86l-f3405995743r.jpg) --- **MLS#:** 26036467 | **Updated:** 2026-10-05 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/500-n-mcrae-st-hope-ar-71801-26036467) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/500-n-mcrae-st-hope-ar-71801-26036467#listing", "url": "https://www.propertysimple.ai/listing/500-n-mcrae-st-hope-ar-71801-26036467", "name": "500 N McRae St, Hope, AR 71801", "description": "INVESTOR OPPORTUNITY - DUPLEX IN HOPE, ARKANSAS | $124,000 Turnkey income potential at an attractive price point! Investors looking for affordable rental property with potential for strong cash flow should take a look at this 1,500 sq. ft. duplex in Hope, Arkansas, offered at just $124,000. This duplex provides the opportunity to own two rental units under one roof, creating the potential for multiple income streams while keeping the acquisition cost accessible. Why Investors Should Take a Look Asking Price: $124,000 Duplex - two rental units Approximately 1,500 sq. ft. 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