About 939 Greenwood Avenue
Rare Multi-Unit Investment Opportunity on a Prime Corner Lot! This versatile property features the potential for four income-producing units on one parcel and two separate addresses—939 Greenwood Ave and 605 Summer Street—totaling approximately 2,490 sq ft of living space on a spacious corner lot. The main house at 939 Greenwood offers 1,115 sq ft, with 2 bedrooms and 1 full bath, showcasing a recently installed standing seam metal roof! Below the main house, a fully equipped 335 sq ft basement studio provides additional rental income, complete with its own kitchenette and full bathroom. Just steps away, 605 Summer Street includes two separate 520 sq ft units—one with a private bedroom, and the other a studio-style layout. The one bedroom features a full kitchen, while the studio offers a kitchenette. Each unit benefits from its own entrance for privacy. Each property is separately metered, allowing flexibility for tenants or owners. Recent refresh across the entire property offers a great opportunity ideal for investors, house hackers, or those seeking multi-generational living. Metal roofs on both structures add durability and long-term value.
Features of 939 Greenwood Avenue
| MLS® # | 25023758 |
|---|---|
| Price | $250,000 |
| Square Footage | 2,490 |
| Acres | 0.34 |
| Year Built | 1941 |
| Type | Multi-Family |
| Sub-Type | Fourplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 939 Greenwood Avenue |
|---|---|
| Area | Hot Springs School District |
| Subdivision | 8-3S-19W Unplatted Hot S |
| City | Hot Springs |
| County | Garland |
| State | AR |
| Zip Code | 71913 |
Amenities
| Utilities | Sewer-Public, Water-Public, Electric-Municipal |
|---|---|
| Parking | Other (see remarks) |
| View | Corner Lot, Not in Subdivision |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Stove, Electric Range, Refrigerator-Stays, Other (see remarks) |
|---|---|
| Heating | Window Units, Mini Split |
| Cooling | Window Units, Mini Split |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One Story, Two Story, Other (see remarks) |
| Has Basement | No |
Exterior
| Exterior | Metal/Vinyl Siding |
|---|---|
| Lot Description | Corner Lot, Not in Subdivision |
| Roof | Metal |
| Foundation | Crawl Space, Other (see remarks), Slab |
Additional Information
| Date Listed | June 14th, 2025 |
|---|---|
| Days on Market | 25 |
| Zoning | RN5 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Jeffery Vaughn |
|---|---|
| Office | ESQ. Realty Group - Hot Springs |