Coldwell Banker Home Page
Skip to main contentColdwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Ozark Real Estate Company
Property view
Listing view 2
Listing view 3

5703 Central Avenue, 
Hot Springs, AR 71913

$1,130,512

—

Bed

—

Bath

13,846

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Greg Calaway

, 

Lance Penfield

Baxley-Penfield-Moudy Realtors

501-315-5000

Last updated:

May 17, 2025, 02:26 PM

MLS#

25002811

Source:

AR CARMLS

About This Home

5703 Central Avenue

19 unit apartment building consisting of 11 townrow apartments in the front building and 8 duplex units in the back of the building. Unit count is 11 one bedroom/one bath, 5 two bedroom/one bath, and 3 studio/one bath apts. Property appraised for $1,190,000 in 2021 - priced for quick sale.Also 121 Second Street which is a 6 unit apartment. Perfect property for out of town investor to collect cash flow now and renovate the few vacancies and increase rents. These are located in the prominent Lakeside School District. Owner added $48k in CAPEX by replacing all of the gas lines to every unit.

Home Facts

Multi-Family

Built in 1990

Price Summary

1,130,512

$81 per Sq. Ft.

MLS #:

25002811

Last Updated:

May 17, 2025, 02:26 PM

Added:

3 month(s) ago

Rooms & Interior

Interior

Living Area:

13,846 Sq. Ft.

Structure

Structure

Building Area:

13,846 Sq. Ft.

Year Built:

1990

Lot

Lot Size (Sq. Ft):

25,700

Finances & Disclosures

Finances

Price:

$1,130,512

Price per Sq. Ft:

$81 per Sq. Ft.

Source:AR CARMLS
The information being provided by Cooperative Arkansas Multiple Listing Service is for the 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. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Cooperative Arkansas Multiple Listing Service All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.