5201 Spradling Avenue, Fort Smith, AR 72904

Local realty services provided by:CENTURY 21 First Choice Realty
5201 Spradling Avenue,Fort Smith, AR 72904
$3,900,000
  • - Beds
  • - Baths
  • 32,178 sq. ft.
  • Multi-family
  • Active
Listed by: lindsey cotton
Office: harmon real estate company
MLS#:1092230
Source:AR_FSBOR

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$121.2

About this home

A 62-unit brick garden community on Fort Smith’s Northside. Built in 1991 across four two-story buildings on 1.80 acres, plus an adjacent parcel acquired by current ownership, the property offers a mix of 24 one-bedroom (600 SF) and 38 two-bedroom (820 SF) units with an on-site leasing office, on-site laundry, playground and resident storage. Current ownership acquired The Hendrix in June 2025 and executed the first phase of a value-add plan: new roofs on all three buildings ($104,500), replacement of rotted decks, a plumbing camera inspection and clean-out program on Building D, exterior painting and rehab, and cleaning and painting of the soffits and rafters — roughly $174,000 of roof, exterior and systems capital — plus eight units renovated to a full-scope specification (new kitchen and bath cabinets and countertops, flooring, tub surrounds, light and sink fixtures, full paint, appliances as needed), the acquisition of the adjacent parcel, and a grounds program that lifted the...

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Home facts

  • Year built:1991
  • Subdivision & Development:STOUGH'S ELECTRIC PARK #2
  • Listing ID #:1092230
  • Added:1 day(s) ago
  • Updated:October 03, 2026 at 02:36 AM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:32,178 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Central

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1991
  • Building area:32,178 sq. ft.
  • Lot area:1.8 Acres
  • Lot Features:Cleared, Open Lot
  • Construction Materials:Brick
  • Levels:2 Story

Schools

  • High school:Northside
  • Middle school:Kimmons
  • Elementary school:Spradling

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$121.2
  • Tax amount:$30,414

Features and amenities

  • Appliances:Electric Water Heater, Gas Water Heater
  • Amenities:Smoke Detectors

Parking

  • Parking description:Asphalt Driveway, Parking Lot