$299,000

118 Garland Ave, Hot Springs, AR 71913

  • 2,021 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $148/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property’s layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization.

Listing Status:
Active
Date Added:
April 10, 2026
Data Last Updated:
July 5, 2026 at 5:01PM
Listing Office:
Signature Homes Real Estate : 501-359-3059
Listing Agent:
Karina A Alvarez : 501-693-4223
MLS ID:
26014055
  • Kitchen: Gas Range
  • Flooring: CeramicLaminate
  • General: FrameMetal/Vinyl Siding
  • Style: Craftsman
  • Roofing: Architectural Shingle
  • General: Two StoryCrawl Space
  • Road/Access: Paved
  • County: Garland
  • Zoning: Residentia400-14350-016-000
  • Utilities: All Underground

This listing courtesy of Karina A Alvarez , Signature Homes Real Estate

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