Two-Bedroom Duplex Income Property

10118 Cambridge PL Fort Smith, AR 72903

Claim this Listing
Pending
$225,000

MULTI_FAMILY - Fort Smith, AR

Property size:
2,088 SF
Lot size:
0.30 Acres
Added:
Jul 2, 2026
Days on Market:
10
Last Refresh:
Jul 11 at 12:06 pm

Property Features for 10118 Cambridge PL

General Information

Property type
Residential Multi Family
Property subtype
Other
Fireplace
1
Standard status
Pending
APN
18289-0092-00000-00
Size
2,088 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Description
Lot 91B, Vill
Tax Annual Amount
1864

Utilities

Heating system
Central
Cooling system
Electric, Central Air

Building Details

Year built
1999
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Carpet
Roof type
Shingle

Listing agent Clif Warnock

Listing office Warnock Real Estate LLC 1301 S Waldron Rd. Ste A, Fort Smith, AR

Listing date Jul 2, 2026

MLS# 1090179 Listing URL

Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale duplex offers two bedrooms and a practical attached carport, with a new roof reported for the property. The home is set on a 0.3-acre lot and totals 2,088 square feet, providing a straightforward residential income setup.

The property is located on Cambridge Place in Fort Smith, Arkansas, within a cul-de-sac in Village Harbor. It is positioned next to community tennis courts and a swimming pool, which can be a convenient amenity for residents and day-to-day neighborhood activity.

For buyers seeking a residential income property, the duplex layout and on-site parking via the attached carport support tenant usability. The reported new roof can also be a relevant maintenance consideration for an owner-operator or investor evaluating a small, self-contained multifamily holding.

Key Highlights

  • 2‑bedroom duplex with attached carport
  • Cul‑de‑sac location in Village Harbor next to community tennis courts and swimming pool
  • Built in 1999

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.3k $10.20
− Vacancy −$1.5k −$0.73
EGI $19.8k $9.47
− OpEx −$5.9k −$2.84
NOI $13.8k $6.63
2,088 SF · lease $10.20/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$197.8K
$173.1K – $230.8K (±1% cap)
NOI $13,847 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$176.6K
$154.6K – $206.1K (±1% cap)
NOI $12,365 @ 7.0% cap · market cap 5.50%
Theoretical Best
Healthcare Medical
$444.2K
$388.7K – $518.3K (±1% cap)
NOI $31,097 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center HVAC Service Auto Repair Shop Electrical Service Kitchen & Bath Showroom Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-bedroom duplex with attached carport and new roof, positioned in a quiet cul-de-sac setting.
Where is this duplex located?
The property is located at 10118 Cambridge PL Fort Smith, AR.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2‑bedroom duplex with attached carport; Cul‑de‑sac location in Village Harbor next to community tennis courts and swimming pool; Built in 1999
Contact an agent
More about this property
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