1400 Jacobs Avenue, Fort Smith, AR 72908
Local realty services provided by:Better Homes and Gardens Real Estate Journey
Listed by: michelle pendergraft
Office: keller williams platinum realty
MLS#:1323333
Source:AR_NWAR
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 revenue 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 #:1323333
- Added:51 day(s) ago
- Updated:November 15, 2025 at 04:35 PM
Rooms and interior
- Living area:15,920 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central
Structure and exterior
- Roof:Architectural, Shingle
- Year built:1987
- Building area:15,920 sq. ft.
- Lot area:0.85 Acres
Utilities
- Water:Public, Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,550,000
- Price per sq. ft.:$97.36
- Tax amount:$9,321
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