See all 11 photos

$109,900

Est. payment - /mo

Save

4 Beds

2 Baths

1,500 SqFt

Active

402 N Ferguson Street Hope, AR 71801

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Micah Ribbing

micah.ribbing@gmail.com +1(501) 218-5944

UPDATED:

Key Details

Property Type Condo, Townhouse

Sub Type Condo/Townhse/Duplex/Apt

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $73

Subdivision Metes & Bounds

MLS Listing ID 26005655

Style Traditional

Bedrooms 4

Full Baths 2

Year Built 2008

Annual Tax Amount $740

Tax Year 2022

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Condo/Townhse/Duplex/Apt

Property Description

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

State AR

County Hempstead

Area Hempstead County

Rooms

Other Rooms Den/Family Room

Dining Room Kitchen/Dining Combo

Kitchen Electric Range

Interior

Heating Central Cool-Electric, Central Heat-Electric

Flooring Vinyl

Fireplaces Type None

Equipment Electric Range

Exterior

Parking Features Parking Pads

Utilities Available Sewer-Public, Water-Public, Elec-Municipal (+Entergy)

Roof Type Architectural Shingle

Building

Lot Description Sloped

Story One Story

Foundation Slab

New Construction No

Schools

Elementary Schools Hope

Middle Schools Hope

High Schools Hope

Listed by Keller Williams Realty Hot Springs • Jason Edington

Nearby Locations

GET MORE INFORMATION

Micah Ribbing

REALTOR | License ID: SA00096985

+1(501) 218-5944