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Listing 15 out of 47
Sold for $200,500 Sold

501 S Patterson Street
Hot Springs, AR 71901

4 units | Multi Family Home
10019 sq ft lot - MLS# 19000150
Property Photo


Sold for $200,500 on May 23, 2019


Well maintained all brick 4 plex. Great rental history, fully occupied. All 2/1 with tile or laminate flooring, stackable washer/dryers, all kitchen appliances. Plenty of parking, picnic area, corner lot. Great for investor or anyone considering getting into the rental business. ROI could be increased according to the comperable rent rates in the area.


  • Property Type: Multi Family Home
  • Sub Type: Fourplex
  • Listing Status: Sold
  • Listing Price: $216,000
  • County/Area: Garland County
  • Zip Code: 71901
  • Year Built: 1975
  • Subdivision/Neighborhood: Not In Subdivision
  • Elementary School: Hot Springs
  • Middle School: Hot Springs
  • High School: Hot Springs
  • Style: Traditional
  • Stories: Two Story
  • Units: 4 units
  • Basement: Outside/Walkout, Unfurnished
  • Lot Size: 10019 sq ft lot
  • Listing Office: Trademark Real Estate, Inc.
  • Zoning: commercial
  • 1ba # Of Units: 4
  • 2br # Of Units: 4
  • 2br Maximum Rent: 650
  • 2br Minimum Rent: 425
  • Annual Expenses: 2400
  • Annual Income: 24000
  • Approx Lot Size: 78x130
  • Area Amenites: Picnic Area
  • Ceiling: Sheet Rock
  • Expenses Include: Taxes, Insurance, Maint./Lawn Care, Pest Control
  • Exterior: Brick
  • Exterior Features: Partially Fenced, Guttering, Dumpster
  • Floors: Ceramic, Laminate
  • Foundation: Crawl Space
  • Heating And Air Cond: Central Heat-Electric
  • Inside City Limits: Yes
  • Interior Features: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Hot Water Heater-Electric, Smoke Detector, Breakfast Bar
  • Junior High: Hot Springs
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays, Ice Maker Connection
  • Lease Type: Monthly, Other (See Remarks)
  • Lot: Sloped, Corner Lot, Not In Subdivision, Down Slope
  • Parking: Four Car Or More
  • Road Surface: Paved
  • Roof: Composition
  • Source Of Square Feet: Tax Records
  • Tenant Expenses: All Utilities
  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, TV-Cable
  • Walls: Sheet Rock
  • Sold Date: 2019-05-23
  • Sold Price: 200500
Courtesy of Trademark Real Estate, Inc.


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4832 Central Avenue, Ste C - Hot Springs, AR 71913
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