Map

Unlock a lucrative investment opportunity or significantly reduce your housing costs with this well-maintained 4-plex in a highly desirable location! This property offers a unique blend of immediate income potential and future growth possibilities.
Key Features:
Strategic Location: Situated just half a mile from Baptist hospital, one mile from downtown, shopping centers, and schools, attracting a diverse and reliable tenant base.
Turnkey Unit: One unit has been recently renovated with high-end finishes, contemporary furnishings, and modern appliances. This unit is move-in ready, perfect for owner occupancy or immediate premium leasing.
Updated Units: Additional units have received updates, ensuring tenant comfort and minimizing future maintenance costs.
Solid Rental Income: Three units are currently tenant-occupied with recent lease renewals, providing consistent cash flow from day one.
Short-Term Rental Potential: Explore the option to convert remaining units into profitable short-term rentals, maximizing your income potential.
Shared Laundry Room: On-site shared laundry room generates additional income and enhances tenant convenience.
Investment or Owner-Occupancy: Ideal for investors seeking a strong return or first-time homebuyers looking to offset mortgage costs.
Financial Highlights:

Offered By:Kcp Real Estate Llc

Date Added: 2/27/25 at 6:00 am
Last Update: 3/7/25 at 2:46 pm

Interior

  • AppliancesElectric Water Heater
  • FlooringCarpet, Ceramic Tile, Vinyl
  • A/Ctrue, Central Air, Electric
  • Heatingtrue, Heat Pump
  • GeneralCeiling Fan(s), Granite Counters, Pantry, Split Bedrooms, Walk- In Closet(s)
  • LaundryNone
  • FireplaceFireplaces: 0
  • BasementNone

Exterior

  • GeneralConcrete Driveway
  • ParkingCovered, Carport, Detached Carport
  • StyleTraditional
  • Other StructuresStorage, Garage Apartment, Outbuilding
  • PoolIn Ground

Construction

  • RoofingAsphalt, Shingle
  • GeneralBrick, 2, Slab
  • WindowsBlinds

Location

  • Road/AccessPaved
  • Originating MLSFSM
  • CountySebastian
  • School DistrictFort Smith
  • HOA Amenities0.0

Lot

  • ZoningLOT 3 & N/2 OF LOT 4 BLK 125, 1276300040012500
  • FencingPrivacy, Wood
  • Current UsePlace of Worship

Utilities

  • UtilitiesElectricity Available, Sewer Available, Water Available
  • WaterPublic
  • SewerPublic Sewer

Financial

  • SourceFSM

Listing History

  • 02/27/2025Active
  • 02/27/2025$364,000 @ $92 per ft²
  • 10/02/2024Off Market
  • 09/17/2024$384,000 @ $97 per ft² 2.54%
  • 08/21/2024$394,000 @ $100 per ft² 1.48%
  • 08/01/2024Active
  • 08/01/2024$399,900 @ $101 per ft²
  • 05/06/2022Off Market
  • 03/04/2022Pending
  • 02/28/2022$355,000 @ $90 per ft²
  • 02/28/2022Active

Schools

  • DistrictFort Smith Public Schools
  • ElementaryBallman
  • MiddleDarby
  • HighNorthside