3736 Park Ave, Hot Springs, AR, 71901
About This Home
Double the opportunity! Two properties, endless possibilities! Rare offering featuring approximately 1.08 acres across two adjacent parcels on historic Park Avenue, between downtown Hot Springs and Hot Springs Village. This unique package includes a fixer-upper main house ready for renovation, plus a brand-new cabin shell next door, offering exceptional flexibility for investors, contractors, or buyers seeking multiple income opportunities. Features North Garland County water and city sewer. Gorgeous creek runs along the back, adding natural beauty and a peaceful setting that’s increasingly hard to find. Outside the city limits and with no restrictions, the potential here is wide open. Opportunities like this are hard to find, bring your vision and unlock the possibilities! Listing broker owns the subject property. Listing broker does not provide buyer or seller representation in the State of Arkansas.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1936
Materials
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 2,870
- Total interior livable area: 2,870 sqft
Property
Details
- Parcel number: 10004971000
Features
- Stories: 2
- On waterfront: Yes
- Waterfront features: River Front
Lot
- Features: Waterfront
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Lightning
- Strong Wind
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Landslide
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $733 | $8,796 |
| Home Insurance | $110 | $1,320 |
| Property Taxes | $57 | $684 |
| Electricity | $207 | $2,494 |
| Total | $1,107 | $13,284 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-11 | Listed for sale | $145,000 |
| 2025-10-02 | Listing removed | $150,000 |
| 2025-04-01 | Listed for sale | $150,000 |
| 2025-04-01 | Listing removed | $160,000 |
| 2025-03-07 | Price change | $160,000 |
| 2024-12-21 | Price change | $172,500 |
| 2024-10-30 | Price change | $185,000 |
| 2024-09-09 | Listed for sale | $199,500 |
| 2019-03-08 | Sold | $20,500 |
| 2019-02-06 | Listed for sale | $16,500 |
| 2018-11-06 | Listing removed | $61,600 |
| 2018-10-24 | Price change | $61,600 |
| 2018-10-09 | Price change | $63,900 |
| 2018-09-23 | Price change | $66,200 |
| 2018-09-07 | Listed for sale | $84,800 |
| 1995-02-22 | Sold | $27,000 |
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