#25011954, Sergio Convers, Listing office: Capital Real Estate Advisors

939 Greenwood Ave Hot Springs, AR 71913
Property details
About 939 Greenwood Ave
Rare Multi-Unit Investment Opportunity on a Prime Corner Lot! This versatile property features the potential for four income-producing units on one parcel and two separate addresses—939 Greenwood Ave and 605 Summer Street—totaling approximately 2,490 sq ft of living space on a spacious corner lot. The main house at 939 Greenwood offers 1,115 sq ft, with 2 bedrooms and 1 full bath, showcasing a recently installed standing seam metal roof! Below the main house, a fully equipped 335 sq ft basement studio provides additional rental income, complete with its own kitchenette and full bathroom. Just steps away, 605 Summer Street includes two separate 520 sq ft units—one with a private bedroom, and the other a studio-style layout. The one bedroom features a full kitchen, while the studio offers a kitchenette. Each unit benefits from its own entrance for privacy. Each property is separately metered, allowing flexibility for tenants or owners. Recent refresh across the entire property offers a great opportunity ideal for investors, house hackers, or those seeking multi-generational living. Metal roofs on both structures add durability and long-term value.
Highlights
Summary
- Appliances: Stove, Electric Range
- Flooring Type: Tile, Vinyl, Wood
- Parking: Other (see remarks)
- Architectural Style: Traditional
- Cooling: Window Unit(s), Mini Split Heat/Cool
- List Price: $230,000
- Price/SqFt: $92
- Lot: Corner Lot
- Directions: From Grand and Central take Central south to Greenwood Avenue. Turn Rt and the property is at the corner of Greenwood and Summer.
- Year Built: 1941
- Living Area: 2,490 SqFt
- Lot Size: 0.34 Acres
- MLS Number: 25023758
- Office Name: ESQ. Realty Group - Hot Springs
- Office Phone: (501) 255-0509
- Office Email: info@esqbrokers.com
- Listing Agent: Jeffery Vaughn
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 2:45:29 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
7
Park Magnet IB World School
Public Magnet PK-6
0.5 mi
•617 Main St
4
Main Street Visual and Preforming Arts Magnet School
Public Magnet PK-6
0.8 mi
•301 Oaklawn St
4
Oaklawn STEM Magnet School
Public Magnet PK-6
1.2 mi
•525 Hammond Dr
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 $24,526. The majority of Hot Springs, AR residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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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 939 Greenwood Ave
The listing price of 939 Greenwood Ave property is $230,000.
The property 939 Greenwood Ave is a multi located in Hot Springs, Arkansas, 71913.
Active Listing: 939 Greenwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 939 Greenwood Ave are: Park Magnet IB World School (GreatSchools Rating 7/10), Main Street Visual and Preforming Arts Magnet School (GreatSchools Rating 4/10), Oaklawn STEM Magnet School (GreatSchools Rating 4/10), 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), Lakeside High School (GreatSchools Rating 9/10), Cutter-Morning Star High School (GreatSchools Rating 4/10).
The property 939 Greenwood Ave is 2,490 SqFt (source: MLS/tax record).
The year of construction for 939 Greenwood Ave is 1941.
This home is located at 939 Greenwood Ave in Hot Springs, AR and zip code 71913. This 2,490 square foot home, which was built in 1941, sits on a 0.34 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $230,000.
Hot Springs, AR housing market in June 2025 saw over 5 listings sold above listed price, more than 17 sold at listed price and over 64 sold below. The inventory of homes for sale in Hot Springs, AR between May and June 2025 increased by 7.1%. In June 2025 median list price was $210,000 and the average listing age was 84 days.