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  • Price cut: $500 (2/23)
    $549,000

    500 Burchwood Bay Rd, Hot Springs, AR 71913

    --beds
    --baths
    3,872sqft
    : 
    Single Family Residence
    Built in 1960
    -- sqft lot
    $510,900 Zestimate®
    $142/sqft
    $-- HOA

    What's special

    Prime Location | Fully Renovated | Four Turnkey Income-Producing Units Seize this rare opportunity to own a fully furnished, income-generating four-unit property in a high-visibility location directly across from Sam's Pizza. With modern renovations, separate STR licenses, and immediate rental income, this property checks every box for savvy investors. Each unit has been meticulously updated with stylish finishes and thoughtful design, offering a seamless blend of comfort and durability. Being sold fully furnished, this is a true turnkey to generate revenue from day one! Property Highlights: 500A: Beautifully updated 1 Bedroom, 1 Bathroom 500B: Spacious, fully renovated efficiency unit 510A: Updated 2 Bedroom, 1 Bathroom with generous layout 510B: Fully modernized efficiency unit All four units maintain separate short-term rental licenses, providing exceptional flexibility for STR, mid-term, or long-term leasing strategies. The current owner has long-term tenants in place, delivering immediate and stable income while preserving future upside potential. If you're looking to expand your portfolio or secure a low-maintenance, high-demand rental property then look here!
    40 days
    |
    129
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 01, 2026 at 10:17pm

    Listed by:

    Danielle L Blair 501-655-4699,

    Crossroads Realty Group 501-232-1223

    Source: CARMLS,MLS#: 26006946MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Free-Standing Range
      Features
      • Flooring: Partial Carpet, Tile, Vinyl
      Interior area
      • Total structure area: 3,872
      • Total interior livable area: 3,872 sqft

      Property

      Parking
      • Parking features: Carport, Parking Pad
      • Has carport: Yes
      Features
      • Levels: One
      Lot
      • Size: 0.36 Acres
      • Features: Sloped
      Details
      • Parcel number: 40038200011000
      • Zoning: Yes

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab/Crawl Combination
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Electric: Electric-Municipal
      • Gas: Gas-Natural
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Lackeys Lake Front #2
      Location
      • Region: Hot Springs

      Financial & listing details

      • Price per square foot: $142/sqft
      • Tax assessed value: $166,050
      • Annual tax amount: $1,518
      • Date on market: 2/23/2026
      • Tenant pays: Cable TV, Electricity, Gas
      • Road surface type: Paved
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        Estimated market value

        $510,900

        $485,000 - $536,000

        $935/mo

        Price history

        Price history
        DateEventPrice
        2/23/2026Price change$549,000-0.1%$142/sqft
        Source: CARMLS #26006946 Report a problem
        2/18/2026Listed for sale$549,500$142/sqft
        Source: HSDS #154162 Report a problem
        2/11/2026Listing removed$549,500$142/sqft
        Source: HSDS #153475 Report a problem
        12/6/2025Listed for sale$549,500+10%$142/sqft
        Source: HSDS #153475 Report a problem
        7/1/2025Listing removed$499,500$129/sqft
        Source: CARMLS #25010932 Report a problem
        3/21/2025Listed for sale$499,500+6.4%$129/sqft
        Source: CARMLS #25010932 Report a problem
        3/6/2025Listing removed$469,500$121/sqft
        Source: HSDS #140996 Report a problem
        4/11/2024Price change$469,500+2.3%$121/sqft
        Source: CARMLS #24011932 Report a problem
        4/9/2024Price change$459,000-2.2%$119/sqft
        Source: CARMLS #24011932 Report a problem
        4/9/2024Price change$469,500+2.3%$121/sqft
        Source: HSDS #140996 Report a problem
        3/31/2023Listed for sale$459,000$119/sqft
        Source: HSDS #140996 Report a problem
        3/10/2023Pending sale$459,000$119/sqft
        Source: HSDS #140996 Report a problem
        1/18/2023Listed for sale$459,000$119/sqft
        Source: HSDS #140996 Report a problem
        1/13/2023Contingent$459,000$119/sqft
        Source: CARMLS #23000672 Report a problem
        1/7/2023Listed for sale$459,000+216.6%$119/sqft
        Source: HSDS #140996 Report a problem
        8/31/2010Sold$145,000+1.4%$37/sqft
        Source: Public Record Report a problem
        4/28/2008Sold$143,000+104.3%$37/sqft
        Source: Public Record Report a problem
        2/15/1991Sold$70,000$18/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$1,521 +1.3%$33,210
        2023$1,501 $33,210
        2022$1,501 +25.6%$33,210 +27%
        2021$1,195 $26,150
        2020$1,195 $26,150
        2019$1,195 -5.4%$26,150
        2018$1,263 +0.8%$26,150
        2017$1,253 +28.6%$26,150 +10.9%
        2016$974 $23,590
        2015$974 +0%$23,590
        2014$974 0%$23,590
        2013$974 +18.1%$23,590 +18.1%
        2011$825 -5.6%$19,970 -5.6%
        2009$874 +15.7%$21,150 +15.7%
        2008$755 +8.1%$18,273 +8.3%
        2007$698 $16,869 +9.2%
        2006-- $15,443 +10%
        2005-- $14,039 +18.2%
        2004-- $11,879 +10%
        2003-- $10,799 +3.1%
        2001-- $10,473

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,051/mo
        Principal & interest
        $2831
        Property taxes
        $220
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          Climate risks

          Neighborhood: 71913

          Getting around

          14 / 100
          Car-Dependent
          7 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 71913

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