231 Oak Street
Hot Springs, AR

$185,000
- Residential
3 beds
2 baths
1349 sqft
Active
MLS # 26000231
Listing courtesy of DANIELLE BLAIR from CROSSROADS REALTY GROUP.
Data last updated Friday, January 9th, 2026.
About
Income-Producing STR — Licensed and Operational. Secure one of the limited short-term rental licenses available in the city and step into an active, licensed VRBO with income generation starting immediately after closing. No startup delays, no permitting risk. Located near downtown with walkable access to high-traffic attractions including laser tag and go-karts, this property benefits from consistent guest demand. The home was fully remodeled in 2020, with additional furnishings added in 2023—all conveying with the sale—allowing for a true turnkey acquisition. Operating as the “Rose House,” the property shows solid historical performance and is positioned for improved returns. The asset offers a low basis relative to replacement cost—making it attractive for both cash flow and long-term hold strategies. Licensed STRs at this price point are scarce. Act quickly.

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