Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
2008
Sq.Footage
1,500
Investor-ready duplex opportunity in Hope, Arkansas delivering stable cash flow and long-term rental demand. Located at 402 N Ferguson Street, this well-maintained duplex was built in 2008 and features two 2-bedroom, 1-bath units with approximately 1,500 total square feet. Both units are occupied by long-term tenants with current rents totaling $1,100 per month ($550 per unit), providing immediate income from day one. The Hope market supports approximately a 10% cap rate, making this property attractive for investors seeking strong yield, affordability, and minimal turnover. Practical layouts, newer construction relative to the market, and consistent tenant demand contribute to stable performance. Hope is a recognized agricultural community known for the annual Watermelon Festival and an outdoor-driven lifestyle centered around hunting and fishing. The area benefits from proximity to regional employment and population centers including Texarkana, Shreveport, Little Rock, Hot Springs, and Arkadelphia, supporting ongoing rental demand. Ideal for investors seeking a turnkey duplex, portfolio expansion, or entry into Arkansas income-producing real estate.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Electric, Central Air
-
Heating YN
YES
-
Heating
Electric, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Sloped
-
Lot Size(acres)
0.17
-
Property Type
Residential
-
Architectural Style
Traditional
Price
-
Sales Price
$109,900
-
Tax Amount
$740
-
Sq. Footage
1, 500
-
Price/SqFt
$73
HOA
-
Association
No
School District
-
Elementary School
HOPE
-
Middle School
HOPE
-
High School
HOPE
Property Features
-
Stories
1
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Hempstead
Elementary School
HOPE
Middle School
HOPE
High School
HOPE
Listing Courtesy of Jason Edington , Keller Williams Realty Hot Springs
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REALTORĀ®
Karen Tillman
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