812 Shady Heights Road Hot Springs, AR $ 635,000
812 Shady Heights Road
$ 635,000
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812 Shady Heights Road

Hot Springs, AR, 71901
$ 635,000
Baths0.0 Sq 1,360

Monthly Estimate*

$ 3,962

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Studio

Multi-Family Home for sale in Hot Springs, AR

for $635,000. This 1,360 square foot home was built in 1985 on a lot size of 0.3.

Prime multifamily investment opportunity in the highly desirable Lakeside School District. This three-duplex portfolio (six total doors) is back on the market following seller requested cosmetic updates, offering a refreshed look, improved condition, and pricing aligned with current market value. Each 2 bedroom, 1 bathroom unit features granite countertops, stainless steel appliances, and a solid long term rental history, making this a low-maintenance, income producing asset ideal for both new and seasoned investors. Tenants pay all utilities, enhancing cash flow and simplifying management. The properties: 812 Shady Heights, 101 & 367 Lance Circle, are clustered together in Lakeside School District, just minutes from shopping, dining, and Lake Hamilton, supporting strong tenant demand and long-term appreciation. Additional upside includes extra land with potential to add another duplex (buyer to verify), creating future expansion and increased returns. 1031 Exchange friendly. Seller is offering a $5,000.00 buyer credit at closing, applicable toward an interest-rate buy-down, discount points, or other lender approved closing costs, subject to loan guidelines.

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Multi-Family Active

Price

$ 635,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,153

Style

Traditional

Lot Size

0.3

Year Built

1985

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

25049817

Features
General
Heating Central Cool-Electric Central Heat-Electric
Utilities Electric-Municipal Water-Public
Roof Architectural Shingle
Garage Parking Pads Two Car
Zoning other
Year Built 1985
Tenant Pays All Utilities
Subdivision Lake Town AR
Style Traditional
Stories Count One Story
County Garland
Class Multi-Family
Type Duplex
Tax Year 2025
Inside City Limits No
Status New Listing
Sale/Rent For Sale
Status Detail 1
Docs on File None
Warranty Normal Wrkng Ordr As O&A
Primary City Hot Springs
Directions From Carpenter Dam Road take Shady Grove Road Left on Shady Heights property on right
City Hot Springs
DOM 0
Postal Code 71901
Price Per Sq Ft Total AG 466.91
Public Remarks Prime multifamily investment opportunity in the highly desirable Lakeside School District. This three-duplex portfolio (six total doors) is back on the market following seller requested cosmetic upd
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Exterior
Exterior Metal/Vinyl Siding
Road Surface Paved
Foundation Slab
Lot Size Area 0.3
Lot Dimensions 13200
Lot In Subdivision
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Interior
Floors Laminate
Total Number of Units 6
1 Bed Units 0
2 Bed Units 6
3 Bed Units 0
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* Excluded Features
List By
Karen Hudspeth

Listing Agent

Mcgraw Realtors - Hs

Broker

khudspeth@mcgrawrealtors.com

Email

Affordability Calculator

$4,058
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,962
Monthly Property Taxes
$96
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/23/2025$635,000 Listed Price

Map


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812 Shady Heights Road, Hot Springs, AR, 71901 is a Multi-Family Home for sale at $635,000 with 1,360 sqft and a lot size of 0.3. 812 Shady Heights Road is a studio with 0.0 baths and was built in 1985. The property's zip code is 71901 which is in Hot Springs, AR