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3401 N L Street, Fort Smith, AR 72903

Fort Smith
Local realty services provided by:CENTURY 21 First Choice Realty
3401 N L Street,Fort Smith, AR 72903
$425,000
Virtual Tour
  • - Beds
  • - Baths
  • 5,325 sq. ft.
  • Multi-family
  • Active
Listed by: sara burks
Office: keller williams platinum realty
MLS#:1087234
Source:AR_FSBOR

Price summary

  • Price:$425,000
  • Price per sq. ft.:$79.81

About this home

Excellent investment opportunity, competitively priced, featuring 8 units with 2 bedroom, 1 bath. Strong occupancy history and consistent performance. All units are currently leased, offering immediate income with high tenant retention and a low turnover rate. One building received a new roof in 2025, and most units have been upgraded with updated central HVAC systems or energy-efficient mini-split units, helping reduce maintenance concerns and improve operating efficiency. Each apartment is individually metered for electric, gas, and water, with tenants responsible for their own utilities—minimizing owner expenses and simplifying management. Ideally located near a laundromat, restaurants, UFAS college, and local schools, this property benefits from steady rental demand and convenient access to everyday amenities. With current rents below market in several units, there is clear potential to increase rental income and increase cash flow!

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Home facts

  • Listing ID #:1087234
  • Added:5 day(s) ago
  • Updated:February 28, 2026 at 03:18 PM

Rooms and interior

  • Flooring:Ceramic Tile, Vinyl
  • Kitchen Description:Oven, Range, Refrigerator
  • Basement:Yes
  • Living area:5,325 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric, Window Units
  • Heating:Central

Structure and exterior

  • Roof:Architectural, Shingle
  • Building area:5,325 sq. ft.
  • Lot area:0.43 Acres
  • Lot Features:City Lot, Corner Lot, Subdivision
  • Construction Materials:Brick
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$79.81
  • Tax amount:$2,144

Features and amenities

  • Appliances:Gas Water Heater, Oven, Range, Refrigerator
  • Amenities:Smoke Detectors

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