173 Hershell Rd, Hot Springs, AR 71913
OFF MARKET

173 Hershell Rd
Hot Springs, AR 71913

  • 8 Beds
  • 6 Baths
  • 3,864 sqft
8 Beds
6 Baths
3,864 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

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.

This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 173 Hershell Rd

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: BrickFoundation Type: PiersPatio

Property Information

Year Built
Year Built: 2012
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 8276 sqft

Price History for 173 Hershell Rd

DatePriceEventSource
05/12/2026ListingRemovedN/A
04/26/2026$515,000PriceChange
N/A
04/13/2026$539,000Listed For SaleN/A

Market trends in Hot Springs

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$234K
$11.82KMoM
Sale-to-List Price
96.6%
0.1%MoM
Price per sq ft
$155
$3MoM
Available listings
912
74MoM
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Property Tax and Assessment

Year2024
Tax
Assessment$291,300
Home facts updated by county records

Comparable Sales for 173 Hershell Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
234 Adcock Rd, Hot Springs National Park, AR
1.55
Multi-Family Home
$700,000
08/22/25
-
8,352
777 Old Brundage Rd, Hot Springs, AR
3.31
Multi-Family Home
$325,000
06/27/25
4
2
2,146
131 Long Island Pl, Hot Springs, AR
5.26
Multi-Family Home
$180,000
02/10/26
-
1,810
180 Lakeland Dr, Hot Springs, AR
5.58
Multi-Family Home
$1,325,000
02/27/26
-
2,232
341 Wood, Hot Springs Village, AR
5.57
Multi-Family Home
$110,000
06/20/25
-
2,106
549 Summer St, Hot Springs, AR
6.09
Multi-Family Home
$250,000
11/10/25
-
4,896
939 Greenwood Ave, Hot Springs National Park, AR
6.06
Multi-Family Home
$220,000
08/22/25
-
2,490
156 Wildcat Estates Ln, Hot Springs, AR
8.06
Multi-Family Home
$320,000
09/25/25
-
1,450

Nearby homes

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Assigned Schools

These are the assigned schools for 173 Hershell Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Hot Springs

At least 381 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

  • 51 % 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.
  • Trulia User
    "We have community bashes, and also events downtown. there are community pages for everybody to be aware."
    0
    Flag
  • Amy Sheppard Fife
    "Lake Hamilton events by boat like the Futrell Poker Run, Ducks Unlimited Poker Run, Boo By Boat, Memorial Day and 4th of July Fireworks on the lake viewed by boat."
    1
    Flag
  • Kim
    "I like living places I can walk around and close to things to do if I want. I like the downtown area. I don’t have to have anything big. I am single and live alone. i’m "
    0
    Flag
  • Paula Bettis
    "I am retired, however, in working for Hot Springs’ District 6, I never had more than a ten minute commute."
    0
    Flag
  • Bart
    "Love this neighborhood! Close to everything with a historic and eclectic vibe. There's a lot to offer in Hot Springs: nature, lakes, a National Park, hose racing, mountain biking, etc."
    0
    Flag
  • DRaymondL
    "The condo I’m living in is isolated with very little to offer for kids seeking playground area or walkways. It’s definitely more of a retirement feel"
    0
    Flag
  • Mjyscqf5vf
    "Simple and easy depending on the driver. Location is a bit far but it also depends on the driver whether they be a race car driver or old pops over there just taking it easy. "
    0
    Flag
  • Amy Sheppard Fife
    "I love lake life and living directly on Lake Hamilton. I love being about to travel by boat or jet ski instead of a vehicle to different places. "
    0
    Flag
  • Edgwennia Honey
    "Can be during during early mornings and late afternoon due being close to schools. Otherwise quiet neighborhood "
    2
    Flag
  • Peg.tovey
    "I live in an apartment complex. We have very few group activities…a Christmas party, occasional food truck Fridays, one pool party with live entertainment. I’ve lived here five years, and that’s about it. "
    0
    Flag
  • Jennnv89
    "Quiet and close to restaurants, shopping and more. Located near central avenue in Historic Hot Springs, AR. "
    15
    Flag
  • Angie W.
    "My neighborhood is gated & secure. Homes are nice. Lake is great.downtown is fun & being revived. There is a lot of great energy developing in this town. "
    6
    Flag
  • Suanne_krause
    "There is a Leash law in the city as well as a rule in the HOA and you have to pick up after pet. "
    6
    Flag
  • Jackson C.
    "Lake Hamilton. Ouachita Mountains and HS National Park. You’re close to it all and can still have your privacy. "
    4
    Flag
  • Brooke D.
    "I am just visiting. It is a great tourist place. There are a lot of things to do and see. I’ve always loved coming here because it is such a friendly place!"
    1
    Flag
  • Jenniferr
    "There is only one dog park in town and it’s bare. Downtown is very dog/leash friendly. Most people have dogs and are neighborly with them. "
    7
    Flag
  • Tonya B.
    "I have lived here for 5 years! This is a great area! We live on a dead end street so we have very little traffic!"
    5
    Flag
  • Laurenelysemcclain
    "Quiet area, good for families, nice grocery stores and antique shops. Beautiful lakes all around with nice camping areas. "
    7
    Flag
  • Dave
    "A great place to live that’s why am looking for a new house hereI don’t know what you want me to say but it’s a nice area"
    0
    Flag
  • Elicolerains
    "Probably that they bark at anything and everything. Post man comes by they bark, neighbors get home they bark. Homes are close together. They would like that they can walk their dogs safely in the neighborhood. Just enough room in the backyard for one dog. Pet friendly people though in the neighborhood. "
    1
    Flag
  • John G.
    "I live in this neighborhood and it's safe for my child to play outside.. the neighbors are friendly.. it's close to downtown central Ave and it's in a historical district.. surrounded by mountains with beautiful views..a lot of history in the area.."
    0
    Flag
  • Tgtmgreen
    "We live in a national forest. Tourist town. Hiking, cycling, running, lakes and shopping. Lots of restaurants"
    5
    Flag
  • Stephen T.
    "It’s would tell parents to always watch for strangers in the neighborhood walking, they might be looking at your dog or even your car but casing you out"
    0
    Flag
  • Jacehorowitz
    "I love lakeside school district so much my kids love it two we hope retold fine a nice little home soon"
    0
    Flag
  • Jmiller661
    "Film festival annually. Also annual World’s Shortest Parade on St Patrick’s Day. Garvan Gardens Holiday Light Show. "
    0
    Flag
  • Anna T. O.
    "This is a quiet, small neighborhood. People keep to themselves although I do know quite a few of my neighbors. We are close to many restaurants, the lake and the bypass. Very centrally located while also being out of the city limits. Bad traffic flow unfortunately."
    0
    Flag
  • Courtney L.
    "I drive my own car. But there is a city bus that runs through the whole town. Most people drive their own cars. I’m not sure if the city bus is popular transportation. Otherwise people use Uber, Lyft, or the can service "
    6
    Flag
  • Mistie N.
    "Medium Walking distance to essentials, public transportation is easily accessible. Under an airport "
    0
    Flag
  • Anna T. O.
    "I’ve lived in this neighborhood for 10 years. Neighbors are friendly but keep mostly to themselves. Sonic and neighborhood are close and the bypass is minutes away. "
    3
    Flag
  • Courtneytosh25
    "There are a lot of dogs in the neighborhood. Most are pit bulls. Anyone that walks their dog uses a lease and the majority are very friendly. Everyone accepts the community guidelines or leash laws. There are never dogs roaming about "
    13
    Flag
  • Kingnatalie
    "Everyone watches out for each other’s dogs. For some reason dogs get out of their home or fence so the neighborhood rally’s around to help find the furry one."
    5
    Flag
  • Chitchh
    "total pain! the roads are bad. they are designed poorly and significantly under designed. people always crowd the inside lane. "
    2
    Flag
  • Cierra D.
    "my neighbors are crackheads and criminals. I don't like it here that I why I am trying to move. I think it is just a war zone I don't want to fight with everyone "
    0
    Flag
  • Ccalla194
    "well to interstate,3new schools,stones throw away from Oaklawn. very close to hospital,and shopping. "
    3
    Flag
  • Tina M.
    "I see kids playing outside and people walking their dogs and people mowing their yards. I think I’m the youngest on my street though. It tends to be an older population. I bought my home in May 2005."
    3
    Flag
  • Cheryl M. B.
    "There are lots of lakes & natural springs in area including Hot Springs. Nice family parks in area too. Natural beauty to enjoy."
    2
    Flag
  • Jessica L. S.
    "I like living in town. The sounding area is nice a well kept. The law enforcemwnt patrols frequently, I feel safe with my family here. "
    0
    Flag
  • Michele K. M.
    "There are many families in our neighborhood with elementary age kids. Quiet most of the time, the traffic noise can be noisy sometimes."
    2
    Flag
  • TWN
    "historical downtown is wonderful fun with restaurants, shopping and of course our world famous bath houses/spas; locally speaking the lake is the summer thing to do and our national and state parks make our life in Hot Springs very outdoorsy the new biking trails are a huge bonus and of course Oaklawn for racing and gaming is always a big draw. "
    0
    Flag
  • Tonya B.
    "Very quiet neighbourhood but only a block from Central Avenue and it is a dead end street. We are also located on Lake Hamilton and there is a inexpensive boat launch across the water at a marina!"
    2
    Flag

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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 available for sale.