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!
Active
Price cut: $500 (2/23)
$549,000
500 Burchwood Bay Rd, Hot Springs, AR 71913
--beds
--baths
3,872sqft
Est.:
Single Family Residence
Built in 1960
-- sqft lot
$510,900 Zestimate®
$142/sqft
$-- HOA
What's special
- 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#: 26006946
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
Video & virtual tour
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
Estimated market value
$510,900
$485,000 - $536,000
$935/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Price change | $549,000-0.1%$142/sqft |
Source: | ||
| 2/18/2026 | Listed for sale | $549,500$142/sqft |
Source: | ||
| 2/11/2026 | Listing removed | $549,500$142/sqft |
Source: | ||
| 12/6/2025 | Listed for sale | $549,500+10%$142/sqft |
Source: | ||
| 7/1/2025 | Listing removed | $499,500$129/sqft |
Source: | ||
| 3/21/2025 | Listed for sale | $499,500+6.4%$129/sqft |
Source: | ||
| 3/6/2025 | Listing removed | $469,500$121/sqft |
Source: | ||
| 4/11/2024 | Price change | $469,500+2.3%$121/sqft |
Source: | ||
| 4/9/2024 | Price change | $459,000-2.2%$119/sqft |
Source: | ||
| 4/9/2024 | Price change | $469,500+2.3%$121/sqft |
Source: | ||
| 3/31/2023 | Listed for sale | $459,000$119/sqft |
Source: | ||
| 3/10/2023 | Pending sale | $459,000$119/sqft |
Source: | ||
| 1/18/2023 | Listed for sale | $459,000$119/sqft |
Source: | ||
| 1/13/2023 | Contingent | $459,000$119/sqft |
Source: | ||
| 1/7/2023 | Listed for sale | $459,000+216.6%$119/sqft |
Source: | ||
| 8/31/2010 | Sold | $145,000+1.4%$37/sqft |
Source: Public Record Report a problem | ||
| 4/28/2008 | Sold | $143,000+104.3%$37/sqft |
Source: Public Record Report a problem | ||
| 2/15/1991 | Sold | $70,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 71913
Nearby schools
GreatSchools rating
- 4/10Main Street Visual & Performing Arts Magnet SchoolGrades: PK-6Distance: 2.8 mi
- 5/10Hot Springs High SchoolGrades: 10-12Distance: 2.4 mi
- 7/10Park Magnet SchoolGrades: PK-6Distance: 3 mi
Local experts in 71913
- Arkansas
- Garland County
- Hot Springs
- 71913
- 500 Burchwood Bay Rd







