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About This Home
This 0-bedroom, 0-bathroom residential multi family at 118 Garland Ave in Hot Springs, AR is listed for $299,000 ($148 per sqft). Built in 1939, the home offers 2,021 sqft of living space on a 0.16 acres lot.
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.
Key Features
- Built in 1939
- 0.16 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,599/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
118 Garland Ave
Hot Springs, AR 71913
Dawers
Property Details
Flooring
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 118 Garland Ave is listed at $299,000 ($148/sqft). The estimated monthly payment is $1,296 based on 20% down at 6.5% interest.
Key features include: Built in 1939, 0.16 acre lot, 2 stories.
This property is listed by Karina Alvarez and can be reached at 5016934223 or karinaalvarezrealestate@gmail.com.








