Townhouse

201 & 203 Parallel Street

Hot Springs , AR 71901

MLS#: 24031804

$525,000

Status: Active
Listing number: 24031804
Listing provided by: ESQ. Realty Group - Hot Springs
Listing agent phone: None
Last update: 2 months ago
On site: 1 year, 1 month ago
Browse Properties
Gantts - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

3,832

Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Frame

  • Patio and Porch Features

    Porch

  • Pool

    No

Area & Lot

  • Lot Features

    Cleared, Level

  • Lot Size(acres)

    0.17

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Townhouse

Price

  • Sales Price

    $525,000

  • Tax Amount

    2500.0

  • Zoning

    Res Imp

  • Sq. Footage

    3, 832

  • Price/SqFt

    $137

HOA

  • Association

    No

School District

  • Elementary School

    Hot Springs

  • Middle School

    Hot Springs

  • High School

    Hot Springs

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Garland

Elementary School

Hot Springs

Middle School

Hot Springs

High School

Hot Springs

Listing Courtesy of Beau Durbin , ESQ. Realty Group - Hot Springs

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent MikkiDennis

Broker / Owner / REALTOR®

MikkiDennis

Call Mikki today to schedule a private showing.

(479) 264-7433

mikki.dennis@gmail.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!

201 & 203 Parallel Street

Message successfully sent.

What would you like to know?

Related Properties

New on site 2 days ago
Investors take notice. This listing includes 2 duplexes adjacent to one another and the parking lot next door. Completely remodeled in 2022. Each are 2 bedroom, 1 bath units. All units have their own laundry. There is parking pads for each unit. There is a common back yard. These units have previously been utilized as short term rentals. With the current zoning there is a possibility the permits may be obtainable for future use. Located across from the Majestic Park. All units are currently rented for $1,200 a month. Some have previously rented for $1,500. Situated between bathhouse row and Oaklawn. Appointments required. Please do not disturb tenants.
#25038848

Hot Springs

105 & 109 Alcorn Street

None Beds

None Baths

3,264 Sq.Ft.

$480,000

MLS#: 25038848

106 Imperial Court Hot Springs ARKANSAS… NEW CONTEMPORARY TRIPLEX…Was $798,000- Now Asking $598,000…Priced for immediate sale! Owner custom built this for his family - plans changed. NEVER RENTED. The main house is five bedrooms and three baths. The main house has two fireplaces (fireplace in the living room and fireplace in the master bedroom). The open floor plan has 10 foot ceilings in the living room and 12 foot ceilings in the master bedroom suite. The ground level master bedroom bath is 15‘ x 15‘ with a 15‘ x 8‘ walk in closet. Upstairs, there are three bedrooms and one bath PLUS a large den with a covered deck with a beautiful view of a quiet pond and mountains! APARTMENT #1 has two bedrooms and a bath and a half. This apartment has 10’ ceilings, it’s own washer and dryer connections, and separate H&A unit. APARTMENT #2 is a one bedroom one bath with 10’ ceilings. It has its own’s heating / cooling and washer and dryer connections. It’s unique property is a great opportunity for a large family or a prudent investor. BUYER BROKERS- SEE AGENT REMARKS
#25038041

Hot Springs

106 IMPERIAL Court

None Beds

None Baths

5,000 Sq.Ft.

$598,000

MLS#: 25038041

Welcome to 167/169 & XXX Crest Ave, a rare chance to own two beautifully updated duplexes backing directly to Hot Springs National Forest. Each property offers a blend of rustic charm and modern updates, ideal for investors or owner-occupants. Units feature spacious layouts with 2–3 bedrooms, ensuite baths, fireplaces (gas/electric), stainless steel appliances, private patios or balconies, and serene forest views. Highlights include barn-style and French doors, gas stoves, dishwashers, laundry in each unit, and new hot water heaters, furnaces, and central A/C. All units are tenant-occupied with solid mid-term leases, offering strong rental income. Utilities are either shared or separately metered, depending on the unit. A bonus vacant lot is included—perfect for future development or a sister duplex. With proven income, modern upgrades, and unmatched natural surroundings, this is a must-see opportunity for house hackers or savvy investors. Schedule your private showing today!
#25031712

Hot Springs

167-169 & XXX Crest Street

None Beds

None Baths

3,488 Sq.Ft.

$549,000

MLS#: 25031712

Rare find, located up against West Mountain! 4 units all remodeled and rented for an easy transition to the new owner. Care was taken to maintain the charm of the orig. 1940 building while bringing in modern fixtures and appliances. New roof and many other upgrades. Quiet location close to downtown Hot Springs National Park, Bathhouse Row, Dining, Oaklawn Racing & Casino. No special considerations are needed for that on this property situated in the Historic District. Dead end of the Street with ample parking lot. Hiking Trail down the road for West Mt. Efficient units all different layouts and sizes. Fully rented at the time of listing.
#25013254

Hot Springs

516 Hawthorne Street

None Beds

None Baths

3,908 Sq.Ft.

$499,000

MLS#: 25013254

Attention Investors and Developers! All property on right side of Isaac Lane for sale, including House with 2 Bedroom 1 Bath Unit upstairs and 2 Bedroom, 1 Bath Downstairs that are separated. Main house roof was replaced in 2020. There is also a Duplex with 2 Bedroom and 1 Bath on each side that mirror each other. Duplex roof was replaced in July of 2023. Three (3) of four (4) units are currently rented. This gracious 5+ Acres has many other possible home sites, including incredible hilltop setting nestled in the woods at end of Isaac.
#25003529

Hot Springs

144 & 158 A&B Isaac Lane

8 Beds

None Baths

3,803 Sq.Ft.

$475,000

MLS#: 25003529

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here