River Valley Quadplex Investment
2200 M Street Fort Smith, AR 72901
2200 M Street, Fort Smith, AR, 72901
$330,000
For Sale
$330,000
MULTI_FAMILY - Fort Smith, AR
Property Size2,936 SF
Lot Size0.16 Acres
Price / SF$112.40
Days on Market63
Property Features for 2200 M Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2
- Parking features
- Assigned
- Exterior features
- ConcreteDriveway
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 16890-0006-00008-00
- Size
- 2,936 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- LOT 6 BLK 8
- Tax Annual Amount
- 1460
Utilities
- Heating system
- Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1970
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- Brick
- Roof type
- Asphalt, Shingle
Listing Agency
Exit Realty Harper Carlton Group
(479) 372-6246
2603 W Pleasant Grove Rd, Rogers, AR
Listed by
The Cordova Team
(479) 381-8479
Added: May 17 Checked: Jul 18 at 4:06 pm
MLS# 1347735
Listing URL
Copyright © 2026 ArkansasONE MLS. 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 quadplex investment opportunity is located in the River Valley area. The property features two 1-bedroom units and two 2-bedroom units. The property is located close to shopping, dining, parks, and entertainment options. The property is situated on a lot of 0.1586 acres and the building has 2936 square feet of space.
Key Highlights
- Quadplex at 2200 M St with 2 one‑bedroom units and 2 two‑bedroom units
- Brick construction; asphalt shingle roof
- Baseboard heating and window unit cooling
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 | $29.9k | $10.20 |
| − Vacancy | −$2.1k | −$0.73 |
| EGI | $27.8k | $9.47 |
| − OpEx | −$8.3k | −$2.84 |
| NOI | $19.5k | $6.63 |
2,936 SF · lease $10.20/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$278.1K
$243.4K – $324.5K
NOI $19,470 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$248.4K
$217.3K – $289.8K
NOI $17,387 @ 7.0% cap · market cap 5.27%
Theoretical Best
Healthcare Medical
$624.7K
$546.6K – $728.8K
NOI $43,726 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Quadplex in the River Valley area, close to everything.
Where is this quadplex located?
The property is located at 2200 M Street Fort Smith, AR.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Quadplex at 2200 M St with 2 one‑bedroom units and 2 two‑bedroom units; Brick construction; asphalt shingle roof; Baseboard heating and window unit cooling
