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4,610 sqft

$399,999

121 SECOND Street, Hot Springs AR, 71913

Price per sqft$86.77
Built in1946
Property size4,610 sqft
Property typeMulti-family

Overview

Active

Listed Aug 8, 2026

Updated Aug 9

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!

$2,661/mo

Est. mortgage payment based on a $399,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Also listed on CARMLS

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Listed by Stephen Inman-Crawley with Rix Realty - Advantage Team Realtors
Listing Contact: 501-366-0259 

The IDX display contains information sourced from the Hot Springs Board of REALTORS® as of 8/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Hot Springs Board of REALTORS® all rights reserved.

Data last updated on 8/9/2026 at 3:21 PM UTC

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