#147714, Candy McCarthy, Listing Office: Hot Springs Realty
201 Parallel St Hot Springs, AR 71901
Property details
About 201 Parallel St
Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!
Highlights
(ACTIVE)
Summary
- MLS Number: 147799
- MLS Name: HotSprings
- Office Name: ESQ. Realty Group
- Office Phone: (501) 255-0509
- Listing Agent: Beau Durbin
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Last updated on: 2/22/2025, 7:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
201 Parallel St
$6,531
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Langston Elementary Leadership Academy
Public Magnet PK-6
1.9 mi
•120 Chestnut St
7
Park Magnet IB World School
Public Magnet PK-6
3.3 mi
•617 Main St
4
Main Street Visual and Preforming Arts Magnet School
Public Magnet PK-6
3.4 mi
•301 Oaklawn St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,125. Typical income of Hot Springs, AR residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
Living in Hot Springs, AR
About 201 Parallel St
This home is located at 201 Parallel St in Hot Springs, AR and zip code 71901. This 3,832 square foot home was built in 1920. Features: 0 bathroom. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $550,000.
While more than 3 listings in Hot Springs, AR in January 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 15 were sold below. The inventory of homes for sale in Hot Springs, AR between December and January 2025 increased by 10%.