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231 Oak Street, Hot Springs, AR 71901

Local realty services provided by:CENTURY 21 PORTFOLIO
231 Oak Street,Hot Springs, AR 71901
$185,000
  • 3 Beds
  • 2 Baths
  • 1,349 sq. ft.
  • Single family
  • Active
Listed by: danielle blair
Office: crossroads realty group
MLS#:26000231
Source:AR_CARMLS

Price summary

  • Price:$185,000
  • Price per sq. ft.:$137.14

About this home

Income-Producing STR — Licensed and Operational. Secure one of the limited short-term rental licenses available in the city and step into an active, licensed VRBO with income generation starting immediately after closing. No startup delays, no permitting risk. Located near downtown with walkable access to high-traffic attractions including laser tag and go-karts, this property benefits from consistent guest demand. The home was fully remodeled in 2020, with additional furnishings added in 2023—all conveying with the sale—allowing for a true turnkey acquisition. Operating as the “Rose House,” the property shows solid historical performance and is positioned for improved returns. The asset offers a low basis relative to replacement cost—making it attractive for both cash flow and long-term hold strategies. Licensed STRs at this price point are scarce. Act quickly.

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Home facts

  • Year built:1926
  • Listing ID #:26000231
  • Added:48 day(s) ago
  • Updated:February 20, 2026 at 03:27 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,349 sq. ft.

Heating and cooling

  • Cooling:Central Cool-Electric
  • Heating:Central Heat-Electric

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1926
  • Building area:1,349 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Water-Public
  • Sewer:Sewer-Public

Finances and disclosures

  • Price:$185,000
  • Price per sq. ft.:$137.14
  • Tax amount:$747

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