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About This Home
This 3-bedroom, 2-bathroom single family at 231 Oak Street in Hot Springs, AR is listed for $185,000 ($137 per sqft). Built in 1926, the home offers 1,349 sqft of living space on a 0.11 acres lot.
Income-Producing STR — Licensed and Operational. Secure one of the limited short-term rental licenses available in the city and step into an active, licensed VRBO with income generation starting immediately after closing. No startup delays, no permitting risk.
Located near downtown with walkable access to high-traffic attractions including laser tag and go-karts, this property benefits from consistent guest demand. The home was fully remodeled in 2020, with additional furnishings added in 2023—all conveying with the sale—allowing for a true turnkey acquisition.
Operating as the “Rose House,” the property shows solid historical performance and is positioned for improved returns. The asset offers a low basis relative to replacement cost—making it attractive for both cash flow and long-term hold strategies. Licensed STRs at this price point are scarce. Act quickly.
Key Features
- Built in 1926
- 0.11 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$989/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
231 Oak Street
Hot Springs, AR 71901
HSR BLK
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 231 Oak Street is listed at $185,000 ($137/sqft). The estimated monthly payment is $802 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 0.11 acre lot, Fireplace.
This property is listed by Danielle Blair and can be reached at 5016554699 or daniblairbroker@gmail.com.