$109,900

402 N Ferguson Street, Hope, AR 71801

  • 4 beds |
  • 2 baths |
  • 1,500 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2008
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $73/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Investor-ready duplex opportunity in Hope, Arkansas delivering stable cash flow and long-term rental demand. Located at 402 N Ferguson Street, this well-maintained duplex was built in 2008 and features two 2-bedroom, 1-bath units with approximately 1,500 total square feet. Both units are occupied by long-term tenants with current rents totaling $1,100 per month ($550 per unit), providing immediate income from day one. The Hope market supports approximately a 10% cap rate, making this property attractive for investors seeking strong yield, affordability, and minimal turnover. Practical layouts, newer construction relative to the market, and consistent tenant demand contribute to stable performance. Hope is a recognized agricultural community known for the annual Watermelon Festival and an outdoor-driven lifestyle centered around hunting and fishing. The area benefits from proximity to regional employment and population centers including Texarkana, Shreveport, Little Rock, Hot Springs, and Arkadelphia, supporting ongoing rental demand. Ideal for investors seeking a turnkey duplex, portfolio expansion, or entry into Arkansas income-producing real estate.

Listing Status:
Active
Date Added:
February 13, 2026
Data Last Updated:
March 13, 2026 at 12:45PM
Listing Office:
Keller Williams Realty Hot Springs : 501-907-5959
Listing Agent:
Jason Edington : 870-210-1445
MLS ID:
26005655
  • Rooms: Den/Family Room
  • Kitchen: Electric Range
  • Dining: Kitchen/Dining Combo
  • Flooring: Vinyl
  • A/C: Central Cool-ElectricCentral Heat-Electric
  • Heating: Central Cool-ElectricCentral Heat-Electric
  • Fireplace: None
  • General: Metal/Vinyl Siding
  • Style: Traditional
  • Parking: Parking Pads
  • Roofing: Architectural Shingle
  • General: One StorySlab
  • Road/Access: Paved
  • HOA Amenities: 0.0
  • County: Hempstead
  • Zoning: 700-01369-000
  • Utilities: Sewer-PublicWater-PublicElec-Municipal (+Entergy)

This listing courtesy of Jason Edington , Keller Williams Realty Hot Springs

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

H

Hope Academy

601 W 6th St, Hope, AR, 71801

Grades 5-8

0.71 miles away

H

Hope Academy

601 W 6th St, Hope, AR, 71801

Grades 5-8

0.71 miles away

H

Hope High School

1701 S Main St, Hope, AR, 71801

Grades 9-12

1.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

709 & 711 S Pine Street, Hope, AR 71801
Condominium For Sale

$114,900

  • 4 bed |
  • 2 bath |
  • 1,500 sqft |
709 & 711 S Pine Street Hope, AR 71801

#26005670 - Keller Williams Realty Hot Springs