503 & 505 S Patterson Street Hot Springs, AR $ 460,000
503 & 505 S Patterson Street
$ 460,000
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503 & 505 S Patterson Street

Hot Springs, AR, 71913
$ 460,000
Baths0.0 Sq 1,752

Monthly Estimate*

$ 2,832

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Studio

Multi-Family Home for sale in Hot Springs, AR

for $460,000. This 1,752 square foot home was built in 1980 on a lot size of 0.4.

Excellent Investment Opportunity! This well-maintained property features two brick duplexes, offering a total of four 2-bedroom, 2-bathunits—a rare and highly desirable layout for both tenants and investors. Situated in a prime, central location, the property is uniquely enhanced by a beautiful creek running along the property, providing a peaceful setting right in the heart of town. Both buildings have undergone significant updates, including new flooring and windows, along with roof and all central air units replaced in 2021, ensuring long-term durability and reduced maintenance expenses. Designed for ease of ownership, these duplexes offer low-maintenance exteriors and strong, consistent rental demand. Units are currently leased for $925–$1,025 per month, with tenants responsible for all utilities, maximizing cash flow. Stable, income-producing property with excellent upside potential!

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Multi-Family Active

Price

$ 460,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,423

Style

Traditional

Lot Size

0.4

Year Built

1980

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

26007896

Features
Interior
Interior Amenities Washer Connection Dryer Connection-Electric Hot Water Heater-Electric
Floors Luxury Vinyl
Total Number of Units 4
1 Bed Units 0
2 Bed Units 4
3 Bed Units 0
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General
Heating Central Cool-Electric Central Heat-Electric
Utilities Water-Public Electric-Municipal
Roof Architectural Shingle
Garage Parking Pads
Zoning Res Imp
Year Built 1980
Tenant Pays All Utilities
Subdivision Not in Subdivision AR
Style Traditional
Stories Count One Story
County Garland
Class Multi-Family
Type Fourplex
Tax Year 2025
Inside City Limits Yes
Status New Listing
Sale/Rent For Sale
Status Detail 1
Docs on File None
Primary City Hot Springs
Directions Turn West onto Greenwood off Central to Right on Patterson.
City Hot Springs
DOM 4
Postal Code 71913
Price Per Sq Ft Total AG 262.56
Public Remarks Excellent Investment Opportunity! This well-maintained property features two brick duplexes offering a total of four 2-bedroom 2-bathunits—a rare and highly desirable layout for both tenants and in
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Exterior
Exterior Brick
Road Surface Paved
Waterfront Creek
Foundation Crawl Space
Lot Size Area 0.4
Lot Dimensions NA
Lot Level
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* Excluded Features
List By
Audrey White

Listing Agent

White Stone Real Estate

Broker

audreywhiterealtor@gmail.com

Email

Affordability Calculator

$3,034
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,832
Monthly Property Taxes
$202
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/2/2026$460,000 Listed Price

Map


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503 & 505 S Patterson Street, Hot Springs, AR, 71913 is a Multi-Family Home for sale at $460,000 with 1,752 sqft and a lot size of 0.4. 503 & 505 S Patterson Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 71913 which is in Hot Springs, AR