Under contract

402 N Ferguson St, Hope, AR 71801

Beds
4
Sqft
1,500

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty Hot Springs
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Overview

Investor-ready duplex opportunity in Hope, Arkansas delivering stable cash flow and long-term rental demand. Located at 402 N Ferguson Street, this well-maintained duplex was built in 2008 and features two 2-bedroom, 1-bath units with approximately 1,500 total square feet. Both units are occupied by long-term tenants with current rents totaling $1,100 per month ($550 per unit), providing immediate income from day one. The Hope market supports approximately a 10% cap rate, making this property attractive for investors seeking strong yield, affordability, and minimal turnover. Practical layouts, newer construction relative to the market, and consistent tenant demand contribute to stable performance. Hope is a recognized agricultural community known for the annual Watermelon Festival and an outdoor-driven lifestyle centered around hunting and fishing. The area benefits from proximity to regional employment and population centers including Texarkana, Shreveport, Little Rock, Hot Springs, and Arkadelphia, supporting ongoing rental demand. Ideal for investors seeking a turnkey duplex, portfolio expansion, or entry into Arkansas income-producing real estate.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
4
Square feet
1,500
Lot size (acres)
0.17
Year built
2008

Exterior features

Horse amenities
Stable

Utilities

Heating
Electric, Central
Cooling
Electric, Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2022)
$740

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Cooperative Arkansas Realtors MLS MLS®#: 26005655 Last checked:

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