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2801 12th Street, Fort Smith, AR 72901

Fort Smith
Local realty services provided by:CENTURY 21 First Choice Realty
2801 12th Street,Fort Smith, AR 72901
$550,000
Virtual Tour
  • - Beds
  • - Baths
  • 5,022 sq. ft.
  • Multi-family
  • Active
Listed by: joshua harmon
Office: harmon real estate company
MLS#:1088574
Source:AR_FSBOR

Price summary

  • Price:$550,000
  • Price per sq. ft.:$109.52

About this home

The property consists of two quadruplex buildings on a single parcel, totaling 5,048 SF across eight 1-bed/1-bath units. Both buildings are 100% occupied. The portfolio currently generates $53,682 in trailing 12-month income with a 40.3% expense ratio and a T-12 NOI of $32,042. The property is professionally managed with full AppFolio reporting and has maintained strong occupancy throughout the current ownership period. The owner acquired the property in 2022 for $385,000. The two-building, single-parcel structure offers flexibility — the quadruplex format keeps each building eligible for residential financing, giving a future owner optionality in how they hold or dispose of the asset. Current rents range from $425 to $600 per month across the portfolio, and the buyer is encouraged to evaluate market conditions and rent comparables independently. The property is located in one of Fort Smith's established residential neighborhoods, minutes from Mercy Hospital, the Rogers Avenue...

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Home facts

  • Listing ID #:1088574
  • Added:1 day(s) ago
  • Updated:April 23, 2026 at 08:46 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:5,022 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard

Structure and exterior

  • Roof:Architectural, Shingle
  • Building area:5,022 sq. ft.
  • Lot area:0.42 Acres
  • Lot Features:Subdivision
  • Construction Materials:Brick
  • Levels:1 Story, 2 Story

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$109.52
  • Tax amount:$2,494

Features and amenities

  • Appliances:Electric Water Heater

Parking

  • Parking description:Parking Lot

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