Property details
About 5703 Central Ave
Great investment opportunity for a renovation and cash-flow or flip! These are priced at 48% of the most inexpensive condos in all of Garland County. Located directly on Central Ave and in the Lakeside School District, these condos are in one of the best locations in Hot Springs. There are 19 condos in the complex - 14 one bedrooms and 5 two bedrooms. The after repair value once renovated will be about $200k per condo, totalling $3.8 million once all sold. They are located in the county and are approved for Short Term Rentals - giving the buyer flexibility to flip, rent long term, and or run as short term rentals. You can purchase all or seller is willing to sell them individually for $90,000.00 each
Highlights
(ACTIVE)
Summary
- Attached Garage: No
- Architectural Style: Traditional
- List Price: $1,597,000
- Lot: Level
- Directions: FROM BY-PASS HEAD SOUTH ON CENTRAL STRAIGHT THROUGH LIGHT AT AMITY ROAD. APARTMENTS ON THE LEFT. ACROSS FROM DOLLAR GENERAL.
- Year Built: 1990
- Stories: 1
- MLS Number: 151714
- MLS Name: HotSprings
- Office Name: Baxley-Penfield-Moudy Realtors
- Office Phone: (501) 315-5000
- Listing Agent: Greg Calaway
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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.
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Last updated on: 7/24/2025, 3:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
8
Bismarck Elementary School
Public District PK-4
6.1 mi
•11636 Highway 84
9
Lake Hamilton Elementary School
Public District 2-3
6.4 mi
•240 Wolf St
6
Lake Hamilton Intermediate School
Public District 4-5
6.6 mi
•104 Wolf 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 $43,564. The majority of Hot Springs, AR residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Hunting
NASCAR
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Dodge
Ram
Chevrolet
What do the neighbors listen to?
Country- Classic Country
New Country
Frequently asked questions
About 5703 Central Ave
The listing price of 5703 Central Ave property is $1,597,000.
The property 5703 Central Ave is a multi located in Hot Springs, Arkansas, 71913.
Active Listing: 5703 Central Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5703 Central Ave are: Bismarck Elementary School (GreatSchools Rating 8/10), Lake Hamilton Elementary School (GreatSchools Rating 9/10), Lake Hamilton Intermediate School (GreatSchools Rating 6/10), Bismarck Middle School (GreatSchools Rating 7/10), Lake Hamilton Middle School (GreatSchools Rating 5/10), Lakeside Middle School (GreatSchools Rating 7/10), Lake Hamilton Jr. High School (GreatSchools Rating 8/10), Bismarck High School (GreatSchools Rating 7/10), Lake Hamilton High School (GreatSchools Rating 5/10).
The year of construction for 5703 Central Ave is 1990.
This home is located at 5703 Central Ave in Hot Springs, AR and zip code 71913. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $1,597,000.
Over 2 listings were sold over their listed price in June 2025 in Hot Springs, AR. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price. Between May and June 2025, Hot Springs, AR real estate market has seen increase in the number of listings by 21.9%. In June 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $240,000.