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Donna Ibbotson
REALTOR®, BPOR, CRA, MMDC
(501) 920-8821

201 & 203 Parallel, Hot Springs, AR 71901

$485,000
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New to the Market Active
BEDS0 BATHS MLS#156184
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGantts Addition NEIGHBORHOODHOT SPRINGS SCHOOLHot Springs
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Property Description

Investor alert! Presenting two updated two-story duplexes just off Park Avenue ? minutes from downtown Hot Springs and perfectly positioned for long-term or short-term rental income. Each unit features two bedrooms, recent updates throughout, and a layout that tenants love. With four units total, this is a turnkey income-producing opportunity with built-in cash flow from day one. Two units are currently occupied at $1,200 and $1,475/month, with recent rents at $1,475 ? and given their prime location just minutes from downtown, these units are ready for even greater returns. Whether you're a seasoned investor looking to expand your portfolio or a first-timer ready to get into the game, these duplexes check all the right boxes ? updated, occupied, and primed for growth. Properties like this don't sit long. Call today before someone else does!

201 & 203 Parallel | MLS# 156184

This multi-family property located at 201 & 203 Parallel, Hot Springs, AR 71901 is currently listed for sale with an asking price of $485,000. & 203 Parallel is located within the Hot Springs school district. Search Hot Springs real estate on donnaibbotson.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.17 Acres
Property Type: Four-Plex
Year Built: 1920

Feature Descriptions

Days on Site: 2
Lot Dimensions: .17
Units: 4
Utilities: Electric-Entergy, Sewer-Public, Water-Public

Local Schools

School District: Hot Springs

Listed By / Shown By

Listed By

Agency Name: The Goff Group Real Estate
Agency Phone: 501-525-0908

Shown By

Agent Name: Donna Ibbotson
Agent Phone: (501) 920-8821
Agency Title: Crye-Leike Real Estate Services

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Source: Hot Springs MLS

Estimate Your Payment

Estimated Payment

$ 1,220.86 per month $1,079.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $141.46 Homeowner's Insurance

Change Payment Information

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Donna Ibbotson
Donna Ibbotson Office: (501) 851-2000 Cell: (501) 920-8821 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/03/2026. The listing information on this page last changed on 07/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/03/2026 12:21:18 AM EST) or GAMLS (last updated Thu 07/02/2026 11:15:30 PM EST) or CARMLS (last updated Fri 07/03/2026 12:15:29 AM EST) or RCAR MLS (last updated Fri 07/03/2026 12:17:24 AM EST) or MAAR MLS (last updated Fri 07/03/2026 12:17:35 AM EST) or FMLS (last updated Thu 07/02/2026 11:33:43 PM EST) or East Tennessee REALTORS (last updated Fri 07/03/2026 12:14:54 AM EST) or RealTracs (last updated Fri 07/03/2026 12:16:01 AM EST) or Arkansas CARMLS (last updated Thu 07/02/2026 11:27:59 PM EST) or GSMAR MLS (last updated Thu 07/02/2026 9:14:39 PM EST) or Baldwin County MLS (last updated Fri 07/03/2026 12:11:26 AM EST) or Tennesse Virginia MLS (last updated Thu 07/02/2026 11:55:34 PM EST) or Emerald Coast MLS (last updated Fri 07/03/2026 12:05:34 AM EST) or Northeast Oklahoma Real Estate (last updated Thu 07/02/2026 11:24:22 PM EST) or Southern Kentucky MLS (last updated Thu 07/02/2026 9:54:59 PM EST) or SOMO MLS (last updated Fri 07/03/2026 12:00:04 AM EST) or North Georgia MLS (last updated Thu 07/02/2026 10:47:35 PM EST) or Golden Triangle MLS (last updated Fri 07/03/2026 12:14:21 AM EST) or MLS United (last updated Fri 07/03/2026 12:16:24 AM EST) or Lakeway MLS (last updated Fri 07/03/2026 12:12:14 AM EST) or Batesville MLS (last updated Fri 07/03/2026 12:00:16 AM EST) or North Central Mississippi MLS (last updated Thu 07/02/2026 9:33:17 PM EST) or Hot Springs MLS (last updated Thu 07/02/2026 8:28:08 PM EST) or Huntsville/Valley MLS (last updated Thu 07/02/2026 10:58:27 PM EST) or Shoals MLS (last updated Thu 07/02/2026 8:33:23 PM EST) or Tupelo MLS (last updated Thu 07/02/2026 11:38:55 PM EST) or NEAKBOR MLS (last updated Thu 07/02/2026 11:11:16 PM EST) or EAKBOR MLS (last updated Fri 07/03/2026 12:13:19 AM EST) or CWTAR MLS (last updated Fri 07/03/2026 12:12:10 AM EST) or NWAKBOR MLS (last updated Fri 07/03/2026 12:19:29 AM EST) or Upper Cumberland MLS (last updated Thu 07/02/2026 11:59:54 PM EST) or Hattiesburg MLS (last updated Thu 07/02/2026 10:59:31 PM EST) or Puerto Rico MLS (last updated Fri 07/03/2026 12:15:20 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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