320 MORRISON Street

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Address: 320 Morrison Ave, Hot Springs, AR 71901, USA
Chicago & Midwest + Apartment Buildings
Created date: October 20, 2026
Date last updated: October 26, 2026
Price: $199,000Investment Analyzer NEW!

Property Description

DOUBLE THE DOORS, STEADY CASH FLOW & SERIOUS INVESTMENT POTENTIAL! Investors, here's your opportunity to add an established income-producing property to your portfolio! Located at 320 Morrison Avenue in Hot Springs, this duplex features TWO spacious 2-bedroom, 1-bathroom units, each averaging $950 per month in rental income, with an impressive 95% annual occupancy rate and approximately $21,660 in estimated annual gross rental income! EVEN BETTER? TENANTS PAY THEIR OWN UTILITIES! That's one less operating expense for the owner and more income potential for your investment. With a strong rental history, consistent occupancy, and two separate income streams, this property offers an attractive opportunity for investors seeking dependable cash flow without starting from scratch. Whether you're a seasoned investor expanding your portfolio or a first-time buyer ready to enter the rental market, this duplex checks the boxes: established rental demand, tenant-paid utilities, consistent income, and long-term investment potential! TWO UNITS. FOUR BEDROOMS. TWO INCOME STREAMS. ONE SMART INVESTMENT! Don't just buy property-buy income potential! Schedule your showing today and discover what this investment could do for your portfolio.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $199,000
Year Built: 1930
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 0
Address: 320 MORRISON Street, Hot Springs, AR 71901, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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