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$145,000

245 Silver St Hot Springs, AR 71901

3 beds
2 full, 1 partial
1,167 sqft
$124 / sqft
House

Property details

About 245 Silver St

LIVE, WORK, OR INVEST - THE CHOICE IS YOURS! 2 PROPERTY DEAL, 1 MINUTE TO DOWNTOWN HOT SPRINGS and Historic Central Avenue—right in the middle of all the action! Enjoy easy access to Bathhouse Row, art galleries, shopping, restaurants, the Convention Center, parades, festivals, and more! Biking and hiking trails are just minutes away! This unique property package includes a 3 bed, 2 bath single family home with 1,167 SF plus a versatile 1,100 SF commercial building next door — offering flexibility for your lifestyle or investment goals. Whether you're looking to live in the home and launch your dream retail or office space next door, or want to create dual rental income streams, there are many possibilities. The commercial building has a half bath and open layout perfect for a boutique, gallery, studio, or small business. The home has a comfortable layout and a fenced yard for privacy or pets. Both properties sit side-by-side, allowing for easy access while maintaining separation for work-life balance or tenant use. Rare opportunity for a residential and commercial building at this price point! Come and see! Agents - please schedule all showings with Showing Service.

Highlights

Home typeSingle Family Residence
HeatingSpace Heater(s)
StatusActive
(ACTIVE)
CoolingWindow Unit(s), Ceiling Fan(s)
Size1,167 sqft
Year built1930
MLS #151876
Garage3 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Cooktop
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Eat-in Kitchen, Walk-In Closet(s)
  • Total Bedroom Count: 3
  • Garage Space: 3 spaces
  • Exterior: Storage, Porch, Fence
  • Architectural Style: Ranch
  • Heating: Space Heater(s)
  • Cooling: Window Unit(s), Ceiling Fan(s)
  • List Price: $145,000
  • Price/SqFt: $124
  • Annual Tax Amount: $310
  • Tax Year: 2024
  • Lot: Level
  • Directions: Head south on Central Ave from Downtown, Left at the 3rd cross street onto W Grand Ave, Right onto Malvern Ave, Left onto Silver St, Property will be on the Left.
  • Year Built: 1930
  • Stories: 1
  • Living Area: 1,167 SqFt
  • MLS Number: 151876
  • MLS Name: HotSprings
  • Office Name: Keller Williams Realty - Hot S
  • Office Phone: (501) 907-5959
  • Listing Agent: Nancy Bergeron

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: 7/28/2025, 10:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$7,230$310
2023$7,230$286
2022$7,230$265
2021$5,290$241

History based on county public records data.

Nearby schools

4

Langston Elementary Leadership Academy

Public Magnet PK-6

0.1 mi

120 Chestnut St

4

Main Street Visual and Preforming Arts Magnet School

Public Magnet PK-6

1.9 mi

301 Oaklawn St

7

Park Magnet IB World School

Public Magnet PK-6

2.1 mi

617 Main 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 $15,161. Most Hot Springs, AR residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

85%
<35k
15%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

61%
Single, No Kids
12%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • KmartKmart
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Hot Springs, AR

Transportation in Hot Springs includes a network of roads that connect residents to key areas within the city and beyond. Public transit options are available, providing residents with alternatives to private vehicle use. The city's layout also supports a degree of walkability, particularly in the downtown area, where residents and visitors can enjoy easy access to shops, restaurants, and entertainment. While specific ride-sharing services are operational, the community's transport infrastructure continues to evolve to enhance connectivity and convenience.

The community is served by a range of essential services, including public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare is accessible through local clinics and a hospital equipped to provide a variety of medical services. Retail and dining establishments are plentiful, offering both local and international cuisine, and the city is proactive in adapting its services to meet the evolving needs of its residents.

Hot Springs is celebrated for its unique blend of natural beauty and historical significance. The community prides itself on its namesake hot springs and the historic Bathhouse Row, which together create a distinctive atmosphere. The city's character is further enriched by its art galleries, music festivals, and the famous Hot Springs National Park, offering residents a serene yet culturally vibrant lifestyle.

Hot Springs offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The housing market is dynamic, with a homeownership rate that reflects a healthy balance between owners and renters within the community.

About 245 Silver St

The listing price of 245 Silver St property is $145,000.

The property 245 Silver St is a house located in Hot Springs, Arkansas, 71901.

Active Listing: 245 Silver St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 245 Silver St are: Langston Elementary Leadership Academy (GreatSchools Rating 4/10), Main Street Visual and Preforming Arts Magnet School (GreatSchools Rating 4/10), Park Magnet IB World School (GreatSchools Rating 7/10), Lakeside Middle School (GreatSchools Rating 7/10), Fountain Lake Middle School Cobra Digital Preparatory Academy (GreatSchools Rating 6/10), Lake Hamilton Middle School (GreatSchools Rating 5/10), Hot Springs World Class High School (GreatSchools Rating 5/10), Cutter-Morning Star High School (GreatSchools Rating 4/10), Lakeside High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $310 (source: MLS/based on county public records data).

The property at 245 Silver St has 3 bedrooms and 2 full and 1 half bathrooms.

The property 245 Silver St is 1,167 SqFt (source: MLS/tax record).

The year of construction for 245 Silver St is 1930.

This home is located at 245 Silver St in Hot Springs, AR and zip code 71901. This 1,167 square foot home was built in 1930. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $145,000.

While more than 5 listings in Hot Springs, AR in June 2025 were sold above asking price, there were more than 17 listings sold at asking price, and more than 64 were sold below. The number of homes for sale in Hot Springs, AR increased by 7.1% between May and June 2025. In June 2025, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $210,000.

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

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