Great investment opportunity in the Heart of Downtown Hot Springs Historic District blocks from the best dining, hiking trails, mineral water fountains, downtown entertainment. Fourplex single family 100% occupancy plus 1096 sq ft home totally renovated great privacy and fenced. Single family home rents for $1,000 monthly and 1 bedrooms $500-$600 monthly . Would make a great Air B & B with location and views surrounding the property. Make this a great place to live in downtown Hot Springs.
Single-familyProperty Type
1950Year Built
0.25 acresLot Size
$279Est. Price/Sq.Ft.
Listed by Jane Jolly• Meyers Realty
Bought with Cheryl Morrison• Lake Hamilton Realty, Inc.
Source:HSBOR #131527
Redfin Estimate
$305,987
$14K since sold in July 2026$49K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 132.2% higher than the average sale price ($132K) of 4 comparable homes.
Great investment opportunity in the Heart of Downtown Hot Springs Historic District blocks from the best dining, hiking trails, mineral water fountains, downtown entertainment. Fourplex single family 100% occupancy plus 1096 sq ft home totally renovated great privacy and fenced. Single family home rents for $1,000 monthly and 1 bedrooms $500-$600 monthly . Would make a great Air B & B with location and views surrounding the property. Make this a great place to live in downtown Hot Springs.
CARMLS #20018078
Sep 1, 2020
Listing Removed
—
Jul 23, 2020
Price Changed
$389,900
$356/sq ft
Jun 1, 2020
Listed
$399,900
$365/sq ft
CARMLS #17010281
Oct 1, 2017
Listing Removed
—
Jun 26, 2017
Price Changed
$139,900
$128/sq ft
Apr 6, 2017
Listed
$149,900
$137/sq ft
CARMLS #15012891
Aug 26, 2015
Pending
—
Aug 24, 2015
Sold
$50,000
$46/sq ft
Jul 14, 2015
Contingent
—
Jun 3, 2015
Listed
$60,000
$55/sq ft
CARMLS #10346760
Apr 14, 2014
Listing Removed
—
Apr 10, 2013
Listed
$58,000
$53/sq ft
Public Records
Jan 13, 2000
Sold
$44,000
$40/sq ft
Public Records
Oct 28, 1999
Sold
$42,000
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,268 (−1.3%)
$3,630 + $24,420
$28,050
2024
$1,285 (+1.3%)
$3,630 + $24,420
$28,050
2023
$1,268 (+16.1%)
$3,630 + $24,420
$28,050
2022
$1,092 (+44.3%)
$3,630 + $24,420
$28,050
2021
$757
$3,630 + $20,530
$24,160
2020
$757
$3,630 + $12,930
$16,560
2018
$757 (−5.4%)
$3,630 + $12,930
$16,560
2017
$800 (+1.7%)
$3,630 + $12,930
$16,560
2016
$786 (+17.0%)
$3,630 + $12,930
$16,560
2015
$672
$3,740 + $12,540
$16,280
2013
$672
$3,740 + $12,540
$16,280
Tax history for 401 Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$1,268 (−1.3%)
$3,630 + $24,420
$28,050
2024
$1,285 (+1.3%)
$3,630 + $24,420
$28,050
2023
$1,268 (+16.1%)
$3,630 + $24,420
$28,050
2022
$1,092 (+44.3%)
$3,630 + $24,420
$28,050
2021
$757
$3,630 + $20,530
$24,160
2020
$757
$3,630 + $12,930
$16,560
2018
$757 (−5.4%)
$3,630 + $12,930
$16,560
2017
$800 (+1.7%)
$3,630 + $12,930
$16,560
2016
$786 (+17.0%)
$3,630 + $12,930
$16,560
2015
$672
$3,740 + $12,540
$16,280
2013
$672
$3,740 + $12,540
$16,280
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RN-5
Residential Neighborhood 5 District
The RN-5 Residential Neighborhood 5 District is intended to accommodate neighborhood development characterized by a mixture of single-family, single-family attached, two-family, townhouse, and low to medium density multi-family dwellings. The RN-5 District also accommodates select, compatible nonresidential uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Pier
Construction Type: Frame
Exterior Wall: Vinyl
Roof Covering Type: Fiberglass
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: HSR
Living Sq. Ft: 1,096
Ground Floor Sq. Ft: 1,096
Building Sq. Ft: 1,096
# of Stories: 1
Stories Type: 1
Legal Description: BLK 83 LOT 4
Lot Information
# of Buildings: 2
Land Sq. Ft: 11,021
Legal Lot Number: 4
Legal Block Number: 83
Acres: 0.253
State Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Tax District County: HOT SPRINGS INSIDE
Tax Area: HOT SPRINGS INSIDE
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,096
Stories: 1.0
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Garland County
APN: 94272
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Langston Magnet School
Public PreK-6 • Assigned • 0.7mi
4/10
Hot Springs High School
Charter 10-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
8 days above 111° expected this year, 21 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Hot Springs, AR • 71901
Average low and high temperatures (°F)
48
29
58
37
70
49
75
55
78
60
87
71
92
73
89
69
84
64
77
54
65
47
53
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.7 hours in
June and 5.1 hours in December, placing it above the
U.S. average for solar exposure.
10.7 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$291,000 – $352,000
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