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$2,700,000 For Sale

119, 121, 131 Chapel St
Hot Springs, AR 71901

51 units | Multi Family Home
0.94 acres - MLS# 121519
Property Photo


Unique investment opportunity with immediate income potential. This package deal includes property on Central Avenue, property on Chapel and 5 multi-family properties to form a contiguous, approximately 2 acre, property. This bundle of properties is within walking distance to the newly renovated Malco, The Henderson State Campus, restaurants, bars, shopping, and more. Location is at the gateway to downtown Hot Springs. Located in opportunity zone. Owner would consider a possible owner finance package.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Garland County
  • Zip Code: 71901
  • Year Built: 1920
  • Subdivision/Neighborhood: Hsr Blk 11
  • School District: Hot Springs
  • Units: 51 units
  • Basement: Partially Finished
  • Garage: Garage, Detached, 2 Car
  • Lot Size: 0.94 acres
  • Zoning: C1
  • 1br # Of Units: 45
  • 2br # Of Units: 6
  • Approx Lot Size: 40,370 Sq. Ft.
  • Directions: From Intersection Of Orange St. And Central Ave., Travel North On Central Then Turn Left (W) Onto Chapel. All Properties Are On The Left Side Of Street.
  • Estimated Annual Taxes: 6030.88
  • Exterior: Brick, Frame
  • Exterior Features: Porch, Storage Building
  • Foundation: Crawl Space, Slab/Crawl Combination, Slab
  • Garage Capacity: 2
  • Garage/Parking: Garage, Detached, Other (See Remarks), Parking Pads, Two Car
  • Heating/Air Conditioning: Other (See Remarks)
  • Interior Features: Other (See Remarks)
  • Kitchen Equipment: Other (See Remarks)
  • Road Surface: Paved
  • Source Of Square Feet: Courthouse
  • Utilities: Sewer-Public
Courtesy of Urban Living And Development


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