214 Elizabeth Terrace Hot Springs, AR $ 261,000
214 Elizabeth Terrace
$ 261,000
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214 Elizabeth Terrace

Hot Springs, AR, 71901
$ 261,000
Baths0.0 Sq 1,600

Monthly Estimate*

$ 1,607

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Studio

Multi-Family Home for sale in Hot Springs, AR

for $261,000. This 1,600 square foot home was built in 1925 on a lot size of 0.4.

Turnkey, income-producing duplex in the heart of Hot Springs. This fully furnished property is short-term rental permitted by the city and currently operates as a licensed Airbnb, offering a strong opportunity for immediate income once transitioned to a new owner. The duplex features two units: Unit A offers 3 bedrooms and 1 bathroom, while Unit B includes 2 bedrooms and 1 bathroom, both fully furnished and ready for continued short-term rental use. Situated on a spacious 0.40-acre lot, the property also includes a shared laundry area at the rear for guest convenience. Originally built in 1925 and remodeled in 2017, it combines historic character with updated functionality. Located in one of Arkansas’s most popular tourism markets, this property is well-positioned to benefit from consistent, year-round visitor demand. Ideal for investors seeking a true plug-and-play opportunity with immediate income potential in a high-demand rental market.

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Multi-Family Active

Price

$ 261,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 542

Style

Victorian

Lot Size

0.4

Year Built

1925

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

26021782

Features
Interior
Interior Amenities Washer Connection Washer-Stays Dryer-Stays Furnished
Basement Outside/Walkout
Floors Tile Wood
Total Number of Units 2
1 Bed Units 0
2 Bed Units 1
3 Bed Units 1
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General
Heating Central Cool-Electric Window Units Central Heat-Gas
Utilities Electric-Municipal Gas-Natural Sewer-Public Water-Public
Roof Composition
Garage Parking Pads Two Car
Zoning RN-2
Year Built 1925
Tenant Pays None
Subdivision North Highland AR
Style Victorian
Stories Count Two Story
County Garland
Class Multi-Family
Type Duplex
Inside City Limits Yes
Status New Listing
Sale/Rent For Sale
Status Detail 1
Docs on File None
Primary City Hot Springs
Directions From downtown Central Ave heading north turn right onto Park Ave. Continue on Park Ave then turn left onto Bower St. Turn left onto Ashland St. Turn right onto Elizabeth Terrace. 214 Elizabeth Terrac
City Hot Springs
DOM 1
Postal Code 71901
Price Per Sq Ft Total AG 163.13
Public Remarks Turnkey income-producing duplex in the heart of Hot Springs. This fully furnished property is short-term rental permitted by the city and currently operates as a licensed Airbnb offering a strong opp
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Exterior
Exterior Metal/Vinyl Siding
Exterior Amenities Porch Wheelchair Accessible
Road Surface Gravel Paved
Foundation Crawl Space
Lot Size Area 0.4
Lot Dimensions 17700
Lot Sloped
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* Excluded Features
List By
Dakota Wright

Listing Agent

Epique Realty

Broker

dakotawrightrealty@gmail.com

Email

Affordability Calculator

$1,652
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,607
Monthly Property Taxes
$45
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
5/31/2026$261,000 Listed Price

Map


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214 Elizabeth Terrace, Hot Springs, AR, 71901 is a Multi-Family Home for sale at $261,000 with 1,600 sqft and a lot size of 0.4. 214 Elizabeth Terrace is a studio with 0.0 baths and was built in 1925. The property's zip code is 71901 which is in Hot Springs, AR