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BEDS4
BATHS2 full
SQUARE FEET1,500
MLS#26005670
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONMetes & Bounds
NEIGHBORHOODHEMPSTEAD COUNTY
Property Description
Cash-flowing duplex investment in Hope, Arkansas offering immediate income and strong local rental demand. Located at 709 & 711 S Pine Street, this income-producing property features two separate 2-bedroom, 1-bath units with tenants in place. Current rents include $800 per month at 711 S Pine Street and $550 per month at 709 S Pine Street, providing a combined monthly income of $1,350. This duplex presents an attractive opportunity for investors seeking stable cash flow in an affordable Arkansas market with consistent tenant demand. The unit mix appeals to long-term renters drawn to practical layouts and small-town living supported by local employment, agriculture, and regional connectivity. Hope is a well-established farming community known for the annual Watermelon Festival and an outdoor-oriented lifestyle centered around hunting and fishing. The town benefits from proximity to larger regional markets including Texarkana, Shreveport, Little Rock, Hot Springs, and Arkadelphia, supporting continued rental demand and investment stability. Ideal for investors looking to expand their portfolio, secure a low-entry rental asset, or establish a foothold in Arkansas.
Property Features
Property Type: Residential - Condominium
Cooling: Central
Heating: Central Heat
Home Style: Traditional
Lot Size: 0.23 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $555
Year Built: 2011
Feature Descriptions
Appliance(s)/Kitchen Equipment: Free-Standing Stove
Days on Site: 17
Dining: Kitchen/Dining Combo
Exterior: Metal/Vinyl Siding
Fireplace: None
Flooring: Vinyl
Lot descriprion: Sloped
Lot Dimensions: 0.23 acre(s)
Other Room(s): Den/Family Room
Parking Notes: Parking Pads
Sewer: Public Sewer
Water: Public Water
Local Schools
High School: HOPE
Middle School: HOPE
Elementary School: HOPE
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Hot Springs
Agency Phone: 501-907-5959
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Arkansas MLS
Estimate Your Payment
Estimated Payment
$ 335.48 per month $255.72 Principal & Interest $46.25 Property Tax $33.51 Homeowner's Insurance
709 & 711 S Pine Street | MLS# 26005670
This condo located at 709 & 711 S Pine Street, Hope, AR 71801 is currently listed for sale with an asking price of $114,900. This property was built in 2011 and has 4 bedrooms and 2 full baths with 1500 sq. ft. & 711 S Pine Street is located in the Metes & Bounds subdivision. Search Metes & Bounds real estate on www.clcommercialrealestate.com today.