$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 3 months 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:
May 26, 2026 at 4:56AM
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 $

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Location

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  • 4 bed |
  • 2 bath |
  • 1,500 sqft |
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