$291,300
Tax assessed value
- 8 Beds
- 6 Baths
- 3,864 sqft
173 Hershell Rd, Hot Springs, AR 71913
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.43 | Multi-Family Home | $260,000 | 06/29/26 | - | 2,112 | ||
1.89 | Multi-Family Home | $1,100,000 | 06/30/26 | - | 840 | ||
5.26 | Multi-Family Home | $180,000 | 02/10/26 | - | 1,810 | ||
5.63 | Multi-Family Home | $135,000 | 08/28/26 | - | 1,708 | ||
5.58 | Multi-Family Home | $1,325,000 | 02/27/26 | - | 2,232 | ||
6.09 | Multi-Family Home | $250,000 | 11/10/25 | - | 4,896 | ||
8.06 | Multi-Family Home | $320,000 | 09/25/25 | - | 1,450 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $260,400 | 3 | 2 | 1,648 | Off Market | |
0.16 | $242,600 | 4 | 2 | 2,360 | Off Market | |
0.23 | $265,500 | 3 | 2 | 1,694 | Off Market | |
0.34 | $450,000 | 2 | 1 | 2,128 | For Sale | |
0.32 | $226,700 | 3 | 2 | 1,196 | Off Market | |
0.39 | $22,000 | - | - | - | Recently Sold | |
0.42 | $279,600 | 3 | 2 | 1,490 | Recently Sold | |
0.44 | $205,000 | 3 | 2 | 1,568 | Recently Sold | |
0.43 | $199,000 | 3 | 2 | 1,314 | Off Market | |
0.47 | $571,300 | 4 | 3.5 | 2,746 | Off Market | |
0.48 | $260,000 | 4 | 3 | 2,290 | Recently Sold | |
0.50 | $273,300 | 4 | 1.5 | 1,464 | Off Market |
Local Information
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Home Highlights
Property Type
Multi-Family
Year Built
2012
Living Area
3,864 sqft
About this House
Renovated Duplex | $3,800+/Month Income Potential | Ideal House Hack or Investment
For sale by owner- open to all offers
Turnkey renovated duplex offering strong rental income and flexible living options. Each unit currently rents for approximately $1800- $1,900 per month, producing $3,800+ monthly income ($45,600 annually) when fully occupied. One unit is currently leased at $1,925/month, making this an excellent opportunity for both investors and owner-occupants.
Owner-occupants can live in one unit while renting the other to significantly offset their mortgage. With the neighboring unit renting for approximately $1,925/month, buyers can dramatically reduce their monthly housing cost while building equity.
The property has undergone extensive renovations including new luxury vinyl plank flooring, full interior repaint, updated bathrooms with new vanities and fixtures, new lighting throughout, and two HVAC systems (one dedicated system per unit). A new roof was installed in 2023. New appliances in both units (dishwasher, fridge, and stove in both). Laundry hookups in both units. Unit B has a privacy fenced yard area.
Each spacious unit features approximately 1,975 square feet, offering 4 bedrooms, 2 full bathrooms, and two half bathrooms per unit, providing a rare large-format duplex layout ideal for families or long-term tenants.
The property also offers flexibility for investors seeking to maximize income through strategies such as mid-term rentals, short-term rentals, or alternative layout configurations. (subject to local regulations)
Investment Highlights
• Current rent potential: ~$3,825/month
• Annual income potential: ~$45,900
• Gross Rent Multiplier: ~11.5
• Price per unit: ~$264,500
• Price per square foot: ~$134
Conveniently located in Lake Hamilton school district, this property offers both strong rental demand and long-term investment potential.
For sale by owner- open to all offers
Turnkey renovated duplex offering strong rental income and flexible living options. Each unit currently rents for approximately $1800- $1,900 per month, producing $3,800+ monthly income ($45,600 annually) when fully occupied. One unit is currently leased at $1,925/month, making this an excellent opportunity for both investors and owner-occupants.
Owner-occupants can live in one unit while renting the other to significantly offset their mortgage. With the neighboring unit renting for approximately $1,925/month, buyers can dramatically reduce their monthly housing cost while building equity.
The property has undergone extensive renovations including new luxury vinyl plank flooring, full interior repaint, updated bathrooms with new vanities and fixtures, new lighting throughout, and two HVAC systems (one dedicated system per unit). A new roof was installed in 2023. New appliances in both units (dishwasher, fridge, and stove in both). Laundry hookups in both units. Unit B has a privacy fenced yard area.
Each spacious unit features approximately 1,975 square feet, offering 4 bedrooms, 2 full bathrooms, and two half bathrooms per unit, providing a rare large-format duplex layout ideal for families or long-term tenants.
The property also offers flexibility for investors seeking to maximize income through strategies such as mid-term rentals, short-term rentals, or alternative layout configurations. (subject to local regulations)
Investment Highlights
• Current rent potential: ~$3,825/month
• Annual income potential: ~$45,900
• Gross Rent Multiplier: ~11.5
• Price per unit: ~$264,500
• Price per square foot: ~$134
Conveniently located in Lake Hamilton school district, this property offers both strong rental demand and long-term investment potential.
173 Hershell Rd, Hot Springs, AR 71913 is a 8 bedroom, 8 bathroom, 3,864 sqft multi-family built in 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,553/month.
Home Details for 173 Hershell Rd
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Levels, Entrance, & Accessibility Stories: 2Floors: Tile |
Heating & Cooling Air ConditioningCooling System: Central |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: OtherDeckExterior: BrickFoundation Type: PiersPatio |
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Year Built Year Built: 2012 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 2 |
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Lot Area: 8276 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 12, 2026 Source: N/A | ListingRemoved | |
Apr 26, 2026 Source: N/A | PriceChange | $515,000 Price decreased by 4% |
Apr 13, 2026 Source: N/A | Listed For Sale | $539,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $291,300 |
Home facts updated by county records
Market trends in Hot Springs
Last updated July 2026
Avg. sale price
$273K
$12.65KMoM
Sale-to-List Price
96.6%
0.2%MoM
Price per sq ft
$157
$0MoM
Available listings
920
21MoM
Around this home
What Locals Say about Hot Springs
At least 383 Trulia users voted on each feature.
91 % Say car is needed
82 % Say parking is easy
80 % Say yards are well-kept
74 % Say there's holiday spirit
70 % Say it's dog friendly
60 % Say it's quiet
56 % Say kids play outside
55 % Say there's wildlife
54 % Say they plan to stay for at least 5 years
52 % Say people would walk alone at night
50 % Say neighbors are friendly
33 % Say streets are well-lit
32 % Say it's walkable to grocery stores
31 % Say there are sidewalks
30 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 173 Hershell Rd
- Is Hot Springs a buyer's or seller's market?Hot Springs is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Hot Springs?The median sale price in Hot Springs is $273K. That is up $12.65K from the prior month.
- What do residents say about Hot Springs?Residents describe Hot Springs, AR as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Hot Springs, AR.
- What are the closest schools to 173 Hershell Rd?The closest schools to 173 Hershell Rd in Hot Springs, AR are Lake Hamilton Elementary School (rated 9/10), Lake Hamilton High School (rated 6/10), Lake Hamilton Intermediate School (Elementary, rated 7/10).
- Does 173 Hershell Rd have air conditioning?Yes, 173 Hershell Rd in Hot Springs, AR has air conditioning.

