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0 Beds
0 Baths

$399,999

121 Second Street, Hot Springs AR, 71913

Built in1946
Property typeMulti-family

Overview

Active

Listed Aug 8, 2026

Updated Aug 16

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.

Other Property Details

Taxes
$1,300
Tax Frequency
Annually

Courtesy of Rix Realty Advantage Team Realtors, Stephen Inman-Crawley

Listing Contact: 501-366-0259 

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 8/16/2026, 3:31 AM UTC.

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