Versatile living and income opportunity just minutes from Henderson State University. This well-positioned property features two separate living spaces, making it ideal for investors, multi-generational living, or owner-occupants seeking rental income or a private guest suite. The main residence offers approximately 1,800 square feet with 3 bedrooms and 2 full bathrooms, a large living room, and a flexible bonus room perfect for a home office, second living area, or playroom. The layout provides comfortable everyday living with room to adapt to your lifestyle needs. Complementing the main home is an auxiliary building approximately 800 square feet, featuring 2 bedrooms and 1 full bathroom. This secondary unit offers excellent flexibility as a mother-in-law suite, guest house, private workspace, or long-term rental. From an investment perspective, the property has a strong rental history, with the main home previously renting for approximately $1,100 per month and the auxiliary unit generating around $650 per month, offering immediate income potential in a high-demand rental market near the university. Located in a convenient Arkadelphia neighborhood close to schools, dining, sh