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)

    0.23

  • Property Type

    Residential

  • Architectural Style

    Traditional

Price

  • Sales Price

    $114,900

  • Tax Amount

    $555

  • Sq. Footage

    1, 500

  • Price/SqFt

    $76

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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Cash-flowing duplex investment in Hope, Arkansas offering immediate income and strong local rental demand. Located at 709 & 711 S Pine Street, this income-producing property features two separate 2-bedroom, 1-bath units with tenants in place. Current rents include $800 per month at 711 S Pine Street and $550 per month at 709 S Pine Street, providing a combined monthly income of $1,350.  This duplex presents an attractive opportunity for investors seeking stable cash flow in an affordable Arkansas market with consistent tenant demand. The unit mix appeals to long-term renters drawn to practical layouts and small-town living supported by local employment, agriculture, and regional connectivity. Hope is a well-established farming community known for the annual Watermelon Festival and an outdoor-oriented lifestyle centered around hunting and fishing. The town benefits from proximity to larger regional markets including Texarkana, Shreveport, Little Rock, Hot Springs, and Arkadelphia, supporting continued rental demand and investment stability.  Ideal for investors looking to expand their portfolio, secure a low-entry rental asset, or establish a foothold in Arkansas.

709 & 711 S Pine Street

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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.
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