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1400 Jacobs Avenue, Fort Smith, AR 72908

Fort Smith
Local realty services provided by:CENTURY 21 First Choice Realty
1400 Jacobs Avenue,Fort Smith, AR 72908
$1,550,000
Virtual Tour
  • - Beds
  • - Baths
  • 15,920 sq. ft.
  • Single family
  • Active
Listed by: pendergraft realty group
Office: keller williams platinum realty
MLS#:1084128
Source:AR_FSBOR

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$97.36

About this home

Fantastic investment opportunity with this 18-unit multi-family complex featuring a strong rental history and well-maintained buildings. Building 1 offers 10 spacious 2-bedroom, 1-bath units totaling 8,512 sq. ft. Built in 1987, each unit is equipped with central heat and air, washer/dryer hookups, and refrigerators. Current monthly rental income is $7,050. Building 2, constructed in 2021, adds 8 modern units with high-end finishes. Four units feature 2 bedrooms and 2 baths, while the remaining four are 1-bedroom, 1-bath layouts. These units showcase granite countertops, tile flooring, central heat and air, and washer/dryer hookups. Total building size is 7,408 sq. ft. with a current monthly rent roll of $6,650. Together, this complex combines established cash flow with newer construction for reduced maintenance and long-term value.

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Home facts

  • Year built:1987
  • Listing ID #:1084128
  • Added:56 day(s) ago
  • Updated:March 19, 2026 at 02:16 PM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile, Laminate
  • Living area:15,920 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Architectural, Shingle
  • Year built:1987
  • Building area:15,920 sq. ft.
  • Lot area:0.85 Acres
  • Lot Features:Level
  • Construction Materials:Brick
  • Levels:2 Story

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$97.36
  • Tax amount:$9,321

Features and amenities

  • Appliances:Electric Water Heater

Parking

  • Parking description:Asphalt Driveway, Parking Lot

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