Fort Smith, AR Apartment Buildings for Sale

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Greenwood, AR Arkoma, OK Pocola, OK Spiro, OK Barling, AR Bonanza, AR Doddridge, AR Van Buren, AR

12 properties

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Updated: May 4

Garden-Style Townhome and Apartment Community

2401 S 50th ST, Fort Smith, AR 72903

$2,100,000

30,696 sqft 1.82 AC lot

24‑unit garden‑style multifamily community made up of six four‑unit buildings
Unit mix includes 12 two‑story townhome‑style units with 2BR/1.5BA and individual exterior entrances
Additional 12 single‑level apartment units with 2BR/1BA and individual exterior entrances
Dedicated parking for every unit with assigned parking; no shared interior corridors
Central heating and central air; carpet and vinyl flooring; shingle roof

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This listing looks promising.

Here's a quick look at some key insights for

2401 S 50th ST, Fort Smith, AR 72903

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$182K
Annual
Price @ 7% Cap

$2.6M
Above asking

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Updated: Apr 22

Renovated 14-Unit Multifamily Building

1805 S Y ST, Fort Smith, AR 72901

$1,025,000

10,144 sqft 0.88 AC lot

14‑unit multifamily/high‑rise property with 10,144 SF
92.9% occupancy rate reported
Renovated in 2023
Built in 1985 and zoned RM‑3
Central heating and central air; metal roof

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8-Unit Apartment Complex

2301 S V ST, Fort Smith, AR 72901

$525,000

6,360 sqft 0.32 AC lot

Recently updated 8-unit apartment building with active in-place rental income at $570 per unit.

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Updated Multifamily Property in Fort Smith

2308 Savannah ST, Fort Smith, AR 72903

$760,000

8,308 sqft 0.50 AC lot

Well-maintained 12-unit property with income potential in prime location.

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Student Housing Near University Campus

5717 Park AVE, Fort Smith, AR 72903

$17,750,000

96,720 sqft 5.06 AC lot

48-unit student housing community near University of Arkansas-Fort Smith.

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Student Housing Near UAFS Campus

5717 Park Avenue, Fort Smith, AR 72903

$17,750,000

96,720 sqft 5.06 AC lot

48-unit student housing community near University of Arkansas-Fort Smith.

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Historic Mixed-Use Building

500 Garrison AVE, Fort Smith, AR 72901

$425,000

6,158 sqft 0.04 AC lot

Two-story historic mixed-use property with an operating restaurant, leased apartments, and an unfinished second floor.

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Fort Smith Studio Apartments

723 N 19th ST, Fort Smith, AR 72901

$275,000

2,088 sqft 0.16 AC lot

Five studio apartments in Fort Smith, Arkansas.

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Eight-Unit Apartment Investment

1851 Brazil Avenue, Fort Smith, AR 72908

$1,100,000

8,301 sqft

An 8-unit income property offering six three-bedroom and two two-bedroom apartments for long-term occupancy.

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Fort Smith Multifamily Investment Property

517-519 N 31st ST, Fort Smith, AR 72903

$400,000

2,936 sqft 0.20 AC lot

Eight-unit apartment complex in Fort Smith, Arkansas.

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18-Unit Multifamily Investment Opportunity

1400 Jacobs Avenue, Fort Smith, AR 72908

$1,550,000

8,512 sqft

18-unit complex with established cash flow and newer construction.

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Five Studio Apartment Building

723 N 19th Street, Fort Smith, AR 72901

$275,000

2,088 sqft

Five studio apartments, owner pays all utilities and Wifi.

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Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 12 Active listings in Fort Smith, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

20-Unit Multifamily Investment Opportunity

302 E Shawntel Smith BLVD, Muldrow, OK 74948

$990,000

12,084 sqft 0.55 AC lot

20-unit complex in Muldrow, OK, offering steady income.

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Multifamily Investment Opportunity in Muldrow

302 E Shawntel Smith BLVD, Muldrow, OK 74948

$2,000,000

23,904 sqft 2.00 AC lot

42-unit multifamily portfolio near Fort Smith, AR.

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Van Buren Multifamily Investment

1117 Ozier Street, Van Buren, AR 72956

$470,000

4,964 sqft 0.32 AC lot

Multifamily property near downtown Van Buren, Arkansas.

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Van Buren Townhomes For Sale

629 Poplar ST, Van Buren, AR 72956

$877,000

8,480 sqft 0.49 AC lot

Eight townhomes in Van Buren, AR, with ongoing construction.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000

0.74 AC lot

Prime Norman land suitable for luxury condos development.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Off-Market Properties in Fort Smith, AR

Consider similar Off-Market properties in Fort Smith, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HIGH-RISE APARTMENTS

721 Greenwood Ave, Fort Smith, AR 72901-3127

Value Estimation by Request

1,978 sqft 0.16 AC lot

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HIGH-RISE APARTMENTS

2906 Grand Ave, Fort Smith, AR 72901

Value Estimation by Request

3,596 sqft 0.30 AC lot

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HIGH-RISE APARTMENTS

801 Garrison Ave, Fort Smith, AR 72901-2608

Value Estimation by Request

8,444 sqft 0.11 AC lot

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HIGH-RISE APARTMENTS

2511 Rogers Ave, Fort Smith, AR 72901-4143

Value Estimation by Request

2,397 sqft 0.18 AC lot

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HIGH-RISE APARTMENTS

405 14th St, Fort Smith, AR 72901-4605

Value Estimation by Request

2,080 sqft 0.16 AC lot

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HIGH-RISE APARTMENTS

3910 Towson Ave, Fort Smith, AR 72901-7538

Value Estimation by Request

3,840 sqft 0.41 AC lot

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Multifamily properties

1400 Jacobs Ave, Fort Smith, AR 72908

Value Estimation by Request

15,920 sqft

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Multifamily properties

5000 Allison Ln, Fort Smith, AR 72901

Value Estimation by Request

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Multifamily properties

2323 57Th St, Fort Smith, AR 72903

Value Estimation by Request

0.69 AC lot

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HIGH-RISE APARTMENTS

2600 Rogers Ave, Fort Smith, AR 72901-4146

Value Estimation by Request

3,652 sqft 0.25 AC lot

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HIGH-RISE APARTMENTS

1701 Riverfront Dr, Fort Smith, AR 72901-3077

Value Estimation by Request

2,144 sqft 17.40 AC lot

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HIGH-RISE APARTMENTS

14 3rd St, Fort Smith, AR 72901-1402

Value Estimation by Request

6,560 sqft 0.11 AC lot

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Fort Smith, AR Apartment Buildings Market Trends and Statistics

Explore 24 apartment buildings for sale in Fort Smith, AR, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 279,031 square feet of properties for sale, with an estimated market value of $43,935,000.

Sale prices for two-family homes in Fort Smith, AR start at $275,000, averaging $3,661,250, and reaching up to $17,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 94K

Population Growth (5Y) +7.1%

Median Household Income $56,234

College Educated 14.5%

High-Yield Neighborhoods for Investment

Identify Fort Smith submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
72901	$505K
72908	$1.3M
72903	$6.8M

Taxes & Financing

Tax Rate (average for all types) 5.17%

Property Tax per SF $96.64 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sebastian County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Sebastian County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Fort Smith fall within the 100,000+ square foot range.

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Fort Smith, AR Apartment Buildings for Sale

2401 S 50th ST, Fort Smith, AR 72903

1805 S Y ST, Fort Smith, AR 72901

2301 S V ST, Fort Smith, AR 72901

2308 Savannah ST, Fort Smith, AR 72903

5717 Park AVE, Fort Smith, AR 72903

5717 Park Avenue, Fort Smith, AR 72903

500 Garrison AVE, Fort Smith, AR 72901

723 N 19th ST, Fort Smith, AR 72901

1851 Brazil Avenue, Fort Smith, AR 72908

517-519 N 31st ST, Fort Smith, AR 72903

1400 Jacobs Avenue, Fort Smith, AR 72908

723 N 19th Street, Fort Smith, AR 72901

Opportunities in Nearby Cities

302 E Shawntel Smith BLVD, Muldrow, OK 74948

302 E Shawntel Smith BLVD, Muldrow, OK 74948

1117 Ozier Street, Van Buren, AR 72956

629 Poplar ST, Van Buren, AR 72956

Potential Development Sites for Consideration

N West Bypass, Springfield, MO 65802

801 NW 36th Avenue, Norman, OK 73072

801 36th Ave NW, Norman, OK 73072

Bienville Blvd, Ocean Springs, MS 39564

Off-Market Properties in Fort Smith, AR

721 Greenwood Ave, Fort Smith, AR 72901-3127

2906 Grand Ave, Fort Smith, AR 72901

801 Garrison Ave, Fort Smith, AR 72901-2608

2511 Rogers Ave, Fort Smith, AR 72901-4143

405 14th St, Fort Smith, AR 72901-4605

3910 Towson Ave, Fort Smith, AR 72901-7538

1400 Jacobs Ave, Fort Smith, AR 72908

5000 Allison Ln, Fort Smith, AR 72901

2323 57Th St, Fort Smith, AR 72903

2600 Rogers Ave, Fort Smith, AR 72901-4146

1701 Riverfront Dr, Fort Smith, AR 72901-3077

14 3rd St, Fort Smith, AR 72901-1402

Fort Smith, AR Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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