For sale

$149,000

Est. $983/mo —

•

1,938

sq ft

517 W Fifth St St, Hope, AR 71801

About this home

Investor Opportunity in Hope, Arkansas! This property offers an excellent opportunity for investors looking to add an affordable single-family rental, renovation project, or value-add property to their portfolio. The home features a spacious layout with multiple living areas, a large kitchen, comfortable bedrooms, full bathroom, and a generous yard. The property also includes a convenient driveway and detached/attached utility space. Located in Hope, a Southwest Arkansas community with an affordable housing market and established rental demand, this property provides multiple potential exit strategies—including long-term rental, renovation and resale, or owner-occupant resale. The home will require some updating and cleanup, allowing an investor to improve the property and potentially increase its rental appeal and overall value. Sold as-is. Bring your vision and investment strategy—opportunities at this price point in the Hope market are worth a closer look. Schedule your showing today and evaluate the possibilities.

Type: Condo/Townhse/Duplex/Apartment

CondoProperty Type

1949Year Built

10,454 sq ftLot Size

$77Price/Sq.Ft.

2 car garageParking

Listed by Jason Edington • Keller Williams Realty Hot Springs

Listed by Dustin Reynolds • Keller Williams Realty

Listing updated: Sep 20, 2026 at 08:17am

Redfin checked: a minute ago

•Source:CARMLS #26037368

Payment calculator

$983 per month

Principal and interest$823

Property taxes

$60

HOA dues

Home insurance

$99

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Around this home

Schools

K - 12
Preschool & daycare

Beryl Henry Upper Elementary School

Public 5-6 • Assigned • 1.2mi

4/10

Yerger Junior High School

Public 7-8 • Assigned • 0.6mi

3/10

Hope High School

Public 9-12 • Assigned • 1.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

517 W Fifth St St · $149,000

LIST PRICE

Median list price in this area is $147,303. (1% lower than this home)

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Carpet and tile floors
Free-standing stove
Electric range

Bathrooms
2 full bathrooms

Kitchen
Free-standing stove
Electric range

Flooring
Carpet
Tile

Heating & cooling
Central electric heating
Central electric cooling

Sale and tax history for 517 W Fifth St St

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

75 ft.

Lot depth

140 ft.

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Hempstead County

APN

700-01492-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 18, 2022.

R-2

Medium Density Residential District

This is a residential district to provide for medium and high population density. The principal use of land may range from single family to multiple family and garden apartment uses. Certain uses which are more compatible functionally with intensive residential uses than with commercial uses are permitted. The recreational, religious, and educational facilities normally required to provide an orderly and attractive residential area are permitted. Stability of the property value, attractiveness, order, and efficiency are encouraged by providing for adequate light, air, and open space for dwellings and related facilities and through consideration of the proper functional relationship of each use permitted in the district.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Other
Electrical storage & conveyance
Waste transfer station
Water cleansing / storage / conveyance
Public service
Fire house

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

1% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 111° expected this year, 22 days in 30 years

4/10 Wind Factor

21% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Hope, AR • 71801

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

90/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.8 hrs

6.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 517 W Fifth St St

$142,652

$6,348 under list price of $149K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $170K to $450K.

SOLD SEP 28, 2026
$170,000 Last sold price
4 beds2 baths2,080 sq ft
321 N 11th St Unit 321 & 323, Arkadelphia, AR 71923
$5/sq ft
larger lot
SOLD OCT 14, 2026
$287,500 Last sold price
2 beds2 baths1,520 sq ft
110 Jamison Ln Unit B3, Lake Hamilton, AR 71913
$112/sq ft
56 years newer
SOLD JUL 17, 2026
$385,000 Last sold price
2 beds2 baths1,377 sq ft
200 Hamilton Oaks #113, Lake Hamilton, AR 71913
$203/sq ft
30 years newer
SOLD JUL 15, 2026
$320,000 Last sold price
2 beds2 baths1,520 sq ft
Hot Springs, AR 71913
$134/sq ft
57 years newer
SOLD JUN 10, 2026
$450,000 Last sold price
2 beds2 baths1,720 sq ft
518 Amity Rd Unit A4, Hot Springs, AR 71901
$185/sq ft
51 years newer
SOLD AUG 21, 2026
$308,000 Last sold price
2 beds2 baths1,500 sq ft
112 Catalina Cir Unit F3, Hot Springs, AR 71913
$128/sq ft
larger lot
57 years newer

Rental earnings

Est. $2,995 per month, based on comparable rentals

Contact listing agent

Jason Edington

Keller Williams Realty Hot Springs

870-210-1445

JasonEdington@kw.com

At this time, Redfin doesn't have an agent available to help you with this home.

Nearby similar homes

$124,000

4 beds2 baths1,500 sq ft

500 N Mcrae St St, Hope, AR 71801

$114,900

4 beds2 baths1,500 sq ft

709 & 711 S Pine St, Hope, AR 71801

$450,000

4 beds2 baths2,040 sq ft

409 E 13th St, Murfreesboro, AR 71958

New listings for sale in 71802

$620,000

3 beds2.5 baths2,032 sq ft

312 Hempstead 104, Hope, AR 71802

FOR SALE BY OWNER

$45,000

3 beds1 bath1,120 sq ft

County Road 108

Details provided by CARMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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