About 500 N Mcrae St Street
INVESTOR OPPORTUNITY — DUPLEX IN HOPE, ARKANSAS | $124,000 Turnkey income potential at an attractive price point! Investors looking for affordable rental property with potential for strong cash flow should take a look at this 1,500 sq. ft. duplex in Hope, Arkansas, offered at just $124,000. This duplex provides the opportunity to own two rental units under one roof, creating the potential for multiple income streams while keeping the acquisition cost accessible. Why Investors Should Take a Look • Asking Price: $124,000 • Duplex — two rental units • Approximately 1,500 sq. ft. • Located in Hope, Arkansas • Two units provide the potential for diversified rental income • Affordable entry point for investors seeking to build a rental portfolio • Potential upside through rent optimization, improvements, and professional property management • Opportunity to benefit from long-term rental demand and property appreciation
Features of 500 N Mcrae St Street
| MLS® # | 26036467 |
|---|---|
| Price | $124,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,500 |
| Acres | 0.26 |
| Year Built | 2008 |
| Type | Residential |
| Sub-Type | Condo/Townhse/Duplex/Apt |
| Style | Townhouse |
| Status | Active |
Community Information
| Address | 500 N Mcrae St Street |
|---|---|
| Area | Hempstead County |
| Subdivision | FRISCO |
| City | Hope |
| County | Hempstead |
| State | AR |
| Zip Code | 71801 |
Amenities
| Utilities | Sewer-Public, Water-Public, Elec-Municipal (+Entergy) |
|---|---|
| Parking | Four Car or More |
| View | Level |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Range |
|---|---|
| Heating | Central Heat-Electric |
| Cooling | Central Cool-Electric |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One Story |
| Has Basement | No |
Exterior
| Lot Description | Level |
|---|---|
| Roof | 3 Tab Shingles |
| Foundation | Slab |
Additional Information
| Date Listed | September 6th, 2026 |
|---|---|
| Days on Market | 8 |
| Foreclosure | No |
| Short Sale | No |
| HOA Fees Freq. | None |
Listing Details
| Agent | Jason Edington |
|---|---|
| Office | Keller Williams Realty Hot Springs |
