3401 N L ST Fort Smith, AR 72903
MULTI_FAMILY - Fort Smith, AR
Type:Apartment
Property size:
5,325 SFLot size:
0.43 Acres- Added:
- Feb 22, 2026
- Days on Market:
- 56
- Last Refresh:
- Apr 19 at 12:06 pm
Property Features for 3401 N L ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 16
- Rooms
- Bedroom 2, Bedroom 8, Bedroom 13, Bedroom 14, Bedroom 15, Bedroom 12, Bedroom 3, Bedroom 11, Bedroom 16, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 10, Bedroom 7, Bedroom 9, Bedroom 6
- Appliances
- Oven, Range, Refrigerator
- Standard status
- Pending
- APN
- 13188-0002-00000-00
- Size
- 5,325 SF
- Lot size
- 0.43 Acres
Taxes and HOA fees
- Tax Description
- LOTS 1 & 2
- Tax Annual Amount
- 2144
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s), Electric, Central Air
Building Details
- Floors in Building
- 1
- Number of units
- 8
- Flooring type
- Vinyl, Tile - Ceramic
- Roof type
- Shingle
Listing agent Sara Burks (479) 434-3000
Listing office Keller Williams Platinum Realty 3300 S 70th St., Fort Smith, AR (479) 434-3000
Listing date Feb 22, 2026
MLS# 1087234
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.
Overview
Fort Smith Multifamily Investment Property
This multifamily property in Fort Smith, AR, presents an investment opportunity with 8 units, each featuring 2 bedrooms and 1 bath. The property has a history of strong occupancy and consistent performance, with all units currently leased, providing immediate income. Tenant retention is high, and the turnover rate is low. One building received a new roof in 2025. Most units have been upgraded with updated central HVAC systems or energy-efficient mini-split units. Each apartment is individually metered for electric, gas, and water, with tenants responsible for their own utilities. The property is located near a laundromat, restaurants, UFAS college, and local schools, benefiting from steady rental demand and convenient access to everyday amenities. The property size is 5325 square feet and the lot size is 0.43 acres. There is potential to increase rental income and cash flow.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.394508
- Latitude
- 35.389701
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 8-unit multifamily property with strong occupancy and income potential.
Where is this apartment building located?
The property is located at 3401 N L ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Immediate income from 8 fully leased units with a strong occupancy history and high tenant retention.; Potential to increase rental income due to current rents being below market value.; Tenants pay their own utilities (electric, gas, and water), minimizing owner expenses.
