Tri-Plex in great downtown location near the natural Hot Springs, trail heads, convention center and everything downtown. Metered separately except water. The tri-plex has had many updates including a fire sprinkler system throughout and 3 mini-split air systems. 2 bedroom/ 1 bath units = 2 - 1 bedroom/1 bath units = 1 Yearly: Income $38,100 Taxes $1202 estimated Insurance $12,000 estimated Water/Sewer/Trash $2400 * estimates are likely high
Multi-familyProperty Type
1920Year Built
Listed by Chris Rix• Rix Realty - Advantage Team Realtors
Downtown Hot Springs, located between Hot Springs National Park and Lake Hamilton, is a historic and walkable Hot Springs neighborhood with Bathhouse Row architecture and a steep, forested ridgeline backdrop. The neighborhood’s character concentrates along Central Avenue at Fountain Street, where bathhouse facades, sidewalk patios, galleries, and late-night marquees set the pace. Community pillars include the Fordyce Bathhouse Visitor Center, the Ohio Club, and the Hot Springs Mountain Tower. Brick storefronts and early-20th-century hotels frame compact blocks, with stair-stepped streets climbing toward park trails. Thermal springs, pocket plazas, and parade routes keep the public realm active. Cafes and small shops line the corridor from the Arlington lawn to the convention district.
Provided by Walk Score and Local Logic
Market insights
432 Spring St · $240,000
DAYS ON MARKET
114 days
The average home goes pending in 9 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
LIST PRICE
$240,000
Median list price in this area is $328,181. (37% higher than this home)
PRICE DROP
1 price drop
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Residential income property
Bedrooms
Triplex (three separate rental units)
Exterior features
Located central to Spring Street
Home design
Triplex
Property type: Residential Income
Financial info
Annual tax approximately $1,202
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
56 ft.
Lot depth
72 ft.
Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Garland County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 10, 2023.
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
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
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 432 Spring St
There isn’t enough information to generate an accurate estimate at this time. Learn More