208 Alcorn St, Hot Springs National Park, AR, 71901
About This Home
Investment Opportunity in Hot Springs, Arkansas! Discover the potential in this unique 3-unit property located almost directly between downtown Hot Springs and Oaklawn. This property offers exceptional versatility and income-producing potential—perfect for investors, house-hackers, or anyone looking to maximize rental revenue in one of Arkansas’s most desirable tourist towns. Main House features approx. 1,265 sq ft of living area. Two additional units are a combined 1,456 sq ft of additional living space. Great options for short-term rentals, extended-stay guests, or multi-family living. Three total units on one property = multiple income streams. Live in one unit and rent the others or rent all three. Fully furnished option available for an easy, turnkey setup. The property next door (212 Alcorn) can also be purchased as a package of 4 units. Give me a call for all the info! Agents see remarks.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Slab,Pillar/Post/Pier
- Roof: Metal,Shingle
- Construction materials: Metal/Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Other
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Kitchen/Dining Combo
Features
- Flooring: Vinyl,Tile
- Fireplace features: None
Heating & Cooling
- Heating features: Central Heat-Unspecified
- Cooling features: Central Air
Interior Area
- Total structure area: 2,721
- Total interior livable area: 2,721 sqft
Property
Lot
- Lot size: 6,534 sqft
- Features: Level
Parking
- Total spaces: 4
- Parking features: Four Car or More
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
- Earthquake
- Hail
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- 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 | $930 | $11,160 |
| Home Insurance | $140 | $1,680 |
| Property Taxes | $73 | $876 |
| Electricity | $197 | $2,364 |
| Total | $1,340 | $16,080 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $184,000 |
| 2026-04-09 | Listing removed | $184,000 |
| 2026-03-13 | Price change | $184,000 |
| 2025-12-09 | Listed for sale | $189,000 |
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