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Fort Smith, AR Apartment Buildings for Sale

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Arkoma, OK Spiro, OK Pocola, OK Barling, AR Bonanza, AR Greenwood, AR Roland, OK Van Buren, AR
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24-Unit Garden-Style Apartment Buildings
Updated: May 4
24-Unit Garden-Style Apartment Buildings

2401 S 50th ST, Fort Smith, AR 72903

$2,100,000
30,696 sqft 1.82 AC lot
1.82‑acre lot with a total of 30,696 SF
24 units across six four‑unit buildings
12 two‑story townhome‑style units: 2BR/1.5BA
12 single‑level apartment units: 2BR/1BA
Individual exterior entrances for every unit
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2401 S 50th ST, Fort Smith, AR 72903

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Partially Renovated Apartment Buildings
Updated: Aug 25
Partially Renovated Apartment Buildings

901 N 13th ST, Fort Smith, AR 72901

$150,000
6,039 sqft 0.32 AC lot
Two apartment buildings totaling 6,039 square feet
0.32‑acre corner lot in Fort Smith, AR
Original configuration included 6 units
New wiring, plumbing, and drywall as part of partial renovation
Vinyl siding and shingle roofs on both buildings
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14-Unit Apartment Building
14-Unit Apartment Building

1805 S Y ST, Fort Smith, AR 72901

$1,025,000
10,144 sqft 0.88 AC lot

Renovated in 2023, this RM-3 14-unit apartment building offers central heating and central air.

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Updated 12-Unit Multifamily Property
Updated 12-Unit Multifamily Property

2308 Savannah Street, Fort Smith, AR 72903

$699,000
8,308 sqft

Well maintained 12-unit multifamily with updated interiors and an on-site laundry facility.

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8-Unit Apartment Complex
8-Unit Apartment Complex

2301 S V ST, Fort Smith, AR 72901

$525,000
6,360 sqft 0.32 AC lot

Updated 8-unit apartment complex with central heat and central air on a 0.32-acre lot.

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Two-Building Apartment Property
Two-Building Apartment Property

928 Holly ST, Fort Smith, AR 72908

$475,000
5,016 sqft 0.32 AC lot

Eight vacant units across two buildings offer a defined renovation project on one parcel.

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12-Unit Apartment Building
12-Unit Apartment Building

2308 Savannah ST, Fort Smith, AR 72903

$699,000
8,308 sqft 0.50 AC lot

Well-maintained 12-unit building with updated interiors, featuring 7 one-bedrooms, 5 two-bedrooms, and an on-site laundry facility.

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Eight-Unit Apartment Investment
Eight-Unit Apartment Investment

1851 Brazil Avenue, Fort Smith, AR 72908

Contact for pricing
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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48-Unit Student Housing Apartment Building
48-Unit Student Housing Apartment Building

5717 Park AVE, Fort Smith, AR 72903

$17,750,000
96,720 sqft 5.06 AC lot

Multi family student housing community built in 2020 with central HVAC and fully furnished townhomes featuring in-unit washer and dryer sets.

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Student Housing Townhome Community
Student Housing Townhome Community

5717 Park Avenue, Fort Smith, AR 72903

$17,750,000
96,720 sqft 5.06 AC lot

48-unit student housing community with furnished 4-bedroom, 4-bath townhomes designed for by-the-bed leasing near campus.

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106-Unit Multifamily Apartment Complex
106-Unit Multifamily Apartment Complex

4301 Kinkead Ave, Fort Smith, AR 72903

Contact for pricing

Two apartment communities on the same parcel totaling 106 units, with on-site laundry and shared maintenance facilities.

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 11 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

Opportunities in Nearby Cities

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

20-Unit Apartment Building
20-Unit Apartment Building

302 E Shawntel Smith BLVD, Muldrow, OK 74948

$990,000
12,084 sqft 0.55 AC lot

20 one-bedroom, one-bath units with an on-site laundry room featuring washers and dryers.

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Apartment Portfolio with 42 Units
Apartment Portfolio with 42 Units

302 E Shawntel Smith BLVD, Muldrow, OK 74948

$2,000,000
23,904 sqft 2.00 AC lot

Forty-two one-bedroom, one-bath units across four buildings with electric heat and cooling.

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Two-Bedroom Townhome Apartment Building
Two-Bedroom Townhome Apartment Building

629 Poplar ST, Van Buren, AR 72956

$877,000
8,480 sqft 0.49 AC lot

Four-building multifamily community with eight two-bedroom, 1.5-bath townhomes and electric heating and cooling.

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Townhome and Single-Family Rental
Townhome and Single-Family Rental

10 25th Street, Van Buren, AR 72956

$658,000
5,900 sqft

Five newly constructed rental units include four 3-bed townhomes and one single-family home with tenant-paid utilities.

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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.

721 Greenwood Ave
HIGH-RISE APARTMENTS

721 Greenwood Ave, Fort Smith, AR 72901-3127

$70,000
Estimated value
1,978 sqft 0.16 AC lot
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2906 Grand Ave
HIGH-RISE APARTMENTS

2906 Grand Ave, Fort Smith, AR 72901

$250,000
Estimated value
3,596 sqft 0.30 AC lot
View details
801 Garrison Ave
HIGH-RISE APARTMENTS

801 Garrison Ave, Fort Smith, AR 72901-2608

$415,000
Estimated value
8,444 sqft 0.11 AC lot
View details
2511 Rogers Ave
HIGH-RISE APARTMENTS

2511 Rogers Ave, Fort Smith, AR 72901-4143

$250,000
Estimated value
2,397 sqft 0.18 AC lot
View details
405 14th St
HIGH-RISE APARTMENTS

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

$210,000
Estimated value
2,080 sqft 0.16 AC lot
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3910 Towson Ave
HIGH-RISE APARTMENTS

3910 Towson Ave, Fort Smith, AR 72901-7538

$300,000
Estimated value
3,840 sqft 0.41 AC lot
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1400 Jacobs Ave
Multifamily properties

1400 Jacobs Ave, Fort Smith, AR 72908

Value Estimation by Request
15,920 sqft
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5000 Allison Ln
Multifamily properties

5000 Allison Ln, Fort Smith, AR 72901

Value Estimation by Request
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2323 57Th St
Multifamily properties

2323 57Th St, Fort Smith, AR 72903

Value Estimation by Request
0.69 AC lot
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2600 Rogers Ave
HIGH-RISE APARTMENTS

2600 Rogers Ave, Fort Smith, AR 72901-4146

$295,000
Estimated value
3,652 sqft 0.25 AC lot
View details
1701 Riverfront Dr
HIGH-RISE APARTMENTS

1701 Riverfront Dr, Fort Smith, AR 72901-3077

$315,000
Estimated value
2,144 sqft 17.40 AC lot
View details
14 3rd St
HIGH-RISE APARTMENTS

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

$300,000
Estimated value
6,560 sqft 0.11 AC lot
View details

Fort Smith, AR Apartment Buildings Market Trends and Statistics

Explore 23 apartment buildings for sale in Fort Smith, AR, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 276,612 square feet of properties for sale, with an estimated market value of $41,173,000.

Sale prices for two-family homes in Fort Smith, AR start at $150,000, averaging $4,574,777, 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 $658.3K
72916 $1.8M
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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