Link Copied
Listed price in listed location currency (USD).
$1,150,000

000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 6348 sqft
Garage No
HOA Fees 
Taxes $2,039
Days Active 14
Approx. Age 1910
Avg. Price Per Sqft $181
MLS® Number 152798

Property Address: 538 Prospect Ave, Hot Springs, AR, 71901-5149

Average square foot calculated using Size range provided by listing agent.

Description

WELCOME TO HISTORIC PROSPECT MANOR. This Mediterranean Style Revival home offers 7 beautifully and meticulously renovated rental units. Located in the Quapaw/Prospect Historic District and just minutes from Bath House Row and hiking trails on West Mountain. This property offers a unique opportunity to live in one apartment and have immediate income from the others or use them all as income producing units. This historic renovation closely follows the Arkansas Heritage Foundation specifications and is a show piece to admire. From claw foot tubs, mosaic tiles, stained glass, antique light fixtures, and side board sinks, every corner offers another treasure to discover. The renovations include everything from the roof to the foundation. Including plumbing, wiring, shingles and roof decking, wood and tile flooring, windows, paint, custom cabinets, appliances, HVAC, tubs/showers, 2nd floor laundry with 2 new stackable units. Each unit has high ceilings, new appliances and period appropriate fixtures. A state-of-the-art fire suppression system was installed ($100k expense), and includes a monitored fire alarm system and sprinklers inside all units, common spaces, and storage areas. Currently rent covers all utilities including internet. Off-street parking behind the building allows for ease of access to your upstairs units. No historic renovation in Hot Springs rivals this one, and now the home is positioned to last another century as part of this great city.
MLS® Number152798
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 6, 2025List Date
$1,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
538 Prospect Ave, Hot Springs, AR

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties