Discover flexible living and investment opportunity just minutes from Henderson State University in this well-located Arkadelphia property offering two separate living spaces. Ideal for investors, owner-occupants seeking rental income, or multi-generational living, this property delivers options that adapt to today’s lifestyles. The main residence features approximately 1, 800 square feet, offering 3 bedrooms and 2 full bathrooms, a spacious living room, and a versatile bonus room that works perfectly as a home office, second living area, or playroom. The functional layout provides comfortable daily living with room to customize to your needs. The secondary auxiliary unit, approximately 800 square feet, includes 2 bedrooms and 1 full bathroom and adds significant flexibility. This space is well-suited for a guest house, mother-in-law suite, private workspace, or long-term rental opportunity. From an investment standpoint, the property has demonstrated strong rental history, with the main home previously renting for approximately $1, 100 per month and the auxiliary unit generating around $650 per month, offering immediate income potential in a high-demand rental market near the university. Conveniently located close to schools, dining, shopping, and campus amenities, this property combines location, flexibility, and income opportunity—a rare find for buyers looking to live, invest, or do both in one smart purchase.