633 4th Street is a rare multi-stream income opportunity in the heart of Hot Springs. This versatile property offers four separate income streams, or the option to house hack by living in the updated two-bedroom detached home while the three additional units generate steady cash flow and help accelerate equity growth. Recent renovations make this a low-maintenance, turnkey investment. Upgrades include: All new windows. Fresh interior and exterior paint. New flooring throughout. Mini-split systems for efficient heating and cooling. A new water heater in the tri-plex. The property sits in a prime location near major Hot Springs attractions, employment centers, and amenities—ideal for strong tenant demand and long-term appreciation. Whether you're expanding an established portfolio or securing your first investment, 633 4th Street offers the kind of flexibility, cash flow potential, and updated condition that investors look for. It’s a smart addition to any strategy focused on building wealth through real estate.
This is a work in progress. The property could turn out to be a good rental investment. One 3 BR upstairs unit with CH/A. Also, two 1 BR units on the ground floor, one with mini heat pump. There is an additional building with a 2 BR unit with mini heat pump. Remodeling has started in the units, but a change in plans with owners. New upper end vinyl tilt windows installed, except 3 but windows are onsite. Any existing building material to remain with property. Any kitchen appliances are included as is. As the building is set up now, owner would pay utilities for the two-story triplex building. There is an 80-gallon gas hot water heater for the triplex building, as set up now. The single house has a separate electric meter and is presently all electric. Owner would pay water bill for property. According to the owner, the roofs are about 7-8 years old. Heat & Air units are almost new. The 2-1 BR units do not have washer & dryer connections.
Type
Fourplex
Public Records
Apr 30, 2002
Sold
$130,000
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,358 (−1.3%)
$2,520 + $27,530
$30,050
2024
$1,376 (+50.1%)
$2,520 + $27,530
$30,050
2023
$917 (+9.1%)
$2,520 + $27,530
$30,050
2022
$840 (+8.8%)
$2,520 + $27,530
$30,050
2021
$772
$2,520 + $27,530
$30,050
2020
$772
$1,800 + $15,100
$16,900
2018
$772 (−5.4%)
$1,800 + $15,100
$16,900
2017
$816 (+17.1%)
$1,800 + $15,100
$16,900
2015
$697
$1,800 + $15,100
$16,900
2013
$697
$1,800 + $15,100
$16,900
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
80 ft.
Lot depth
140 ft.
Lot size
10,883 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
924
Unfinished Sq. Ft.
—
Total Sq. Ft.
924
Year built
1949
Style
Single Family Residential
County
Garland County
APN
40529
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
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
7 days above 111° expected this year, 20 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 • 71913
Average low and high temperatures (°F)
50
31
60
39
73
50
78
58
80
62
89
73
95
75
92
70
87
66
80
56
68
48
56
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 633 4th St
There isn’t enough information to generate an accurate estimate at this time. Learn More