arkansas home

c.1951 Three Br 3 Bath 3 Kitchen Arkansas Home For Sale Under $59K

$58,800

Excellent multi-unit opportunity featuring 3 distinct suites, each equipped with its own bedroom, full bath, and private kitchen. Ideal layout for maximizing rental yields, with added value-add potential to convert the garage into additional income-producing units. Or convert back into an original Arkansas home!

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Realtor Comments

Unique money-making potential! All this in one location and priced to sale!
  • 3bd
  • 3ba
  • 2,488sqft
  • Circa 1951

More Arkansas Properties

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407 W Lincoln St, Hamburg, AR 71646

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended. 

Contact Realtor: ronnie brown

Brokered by Home2U Realty, LLC

Google Maps

Niche

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The Pros

  1. Exceptionally Low Cost of Living & Housing

    • Housing is well below national and state averages. Median home prices often range between $80,000 and $175,000, making homeownership accessible for first-time buyers or retirees on fixed budgets.

  2. Tight-Knit, Welcoming Community

    • Life revolves around classic small-town routines—Friday night high school football, local church gatherings, and community events like the annual World Famous Armadillo Festival or alumni homecoming celebrations.

  3. Peaceful, Slow Pace of Life

    • If you are looking to escape urban gridlock, noise, and fast-paced city stress, Hamburg offers quiet residential streets, spacious lots with mature trees, and a low-density living environment.

  4. Access to Outdoor Recreation

    • Located in the timberlands of Southeast Arkansas, the region offers easy access to hunting, fishing, boating, and rural outdoor activities near the Ouachita and Mississippi river basins.

The Cons

  1. Economic Stagnation & Limited Job Market

    • The local economy relies heavily on forestry, agriculture, and local government. High-paying corporate, tech, or specialized career opportunities are scarce, and the area faces elevated local poverty rates and limited income growth.

  2. Very Limited Shopping, Dining, & Entertainment

    • Options inside town are largely restricted to a few local cafes, Mexican restaurants, and dollar stores. There are no major big-box retailers or chain stores in town; residents usually drive 12+ miles to nearby Crossett for everyday necessities, a grocery store, or medical care.

  3. Isolation & Long Commutes for Services

    • Specialized healthcare, major entertainment, and commercial airports require significant driving time (for instance, the closest commercial airport in Texarkana or Little Rock is 2+ hours away).

  4. Hot, Humid Climate & Weather Risks

    • Summers are intensely hot, long, and humid. Like much of the Deep South, the region carries seasonal risks for severe thunderstorms, heavy rainfall, and occasional tornadoes.

  5. Car Dependency & Lack of Public Transit

    • With a walkability score near zero, owning a reliable vehicle is non-negotiable for getting around, buying groceries, or commuting for work.

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