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0 Beds
0 Baths

$289,000

118 Garland Ave, Hot Springs AR, 71913

Built in1939
Property typeMulti-family

Overview

Active

Listed Apr 10, 2026

Updated Jul 14

Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property’s layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization.

$1,923/mo

Est. mortgage payment based on a $289,000 home price.

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

Other Property Details

Taxes
$666
Tax Frequency
Annually

Courtesy of Signature Homes Real Estate, Karina Alvarez

Listing Contact: 501-693-4223 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of the Cooperative Arkansas REALTORS Multiple Listing Services. Real estate listings, held by brokerage firms other than Jeff Kennedy, are marked with the Broker ReciprocitySM logo, and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data last updated 7/14/2026, 4:30 AM UTC.

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