$550,000

201 Parallel St Hot Springs, AR 71901

$6,531
Closing credit¹
3,832 sqft
$144 / sqft
Multi-Family

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

Home typeDuplex
StatusActive
(ACTIVE)
Size3,832 sqft
Year built1920
MLS #147799
WaterfrontCreek

Summary

  • MLS Number: 147799
  • MLS Name: HotSprings
  • Office Name: ESQ. Realty Group
  • Office Phone: (501) 255-0509
  • Listing Agent: Beau Durbin

Copyright © 2025, Hot Springs Board of REALTORS® MLS. All rights reserved. Information deemed reliable but is not guaranteed.

IDX The data relating to real estate for sale on this web site comes in part from the Hot Springs Data Share Program of the Hot Springs Multiple Listing Service. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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.

Get an agent. Get a mortgage. Save big.¹

view of front of home featuring a porch, brick siding, fence, and a balcony

$550,000

201 Parallel St

$6,531

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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.

All data from GreatSchools

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.

How much money do the neighbors make?

47%
<35k
52%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
10%
Single, with Kids
22%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
17%
18-34 yrs old
38%
35-64 yrs old
29%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • KmartKmart
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • SonicSonic
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • ChevroletChevrolet

What do the neighbors listen to?

  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

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%.

From Rocket Homes Real Estate and based on county public records data.

More resources