308 Kleinshore Rd, Hot Springs National Park, AR, 71913
About This Home
Don’t miss this rare opportunity to own a 9-unit multifamily property on the beautiful shores of Lake Hamilton, offering immediate income and strong rental appeal. The property features a desirable unit mix with eight 2-bedroom apartments—some offering up to two bathrooms—and one 1-bedroom, 1-bath unit, providing flexibility for a variety of tenants. Boat slips are available for tenants to rent, giving residents the chance to fully enjoy lakefront living. Each unit is filled with natural light, creating warm, inviting spaces that tenants will love. Step outside to take in breathtaking lake views—an amenity that consistently drives demand and adds long-term value. Whether you’re expanding your investment portfolio or looking for a dependable income-producing property in a prime waterfront location, this is an opportunity with both immediate returns and future potential.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Apartment
Interior
Appliances
- Appliances included: Built-In Range,Microwave,Dishwasher,Washer
- Laundry features: Electric Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 17
- Bathrooms: 12.5
Features
- Ceiling Fan(s)
- Flooring: Partial Carpet,Tile,Laminate
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 8,272
- Total interior livable area: 8,272 sqft
Property
Details
- Zoning: unknown
Features
- Levels: Two
- Patio & porch: Deck,Patio
- Fencing: Partial
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Boat Slip,Lake Front,Lake
- Waterbody name: Lake: Hamilton
Lot
- Lot size: 0.53 Acres
Parking
- Parking features: Parking Pad,Assigned
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
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Earthquake
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 | $7,079 | $84,948 |
| Home Insurance | $1,161 | $13,932 |
| Property Taxes | $559 | $6,708 |
| Electricity | $599 | $7,188 |
| Total | $9,398 | $112,776 |
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 |
|---|---|---|
| 2026-04-02 | Listed for sale | $1,550,000 |
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