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    501 May Ave Fort Smith, AR 72901

    Sponsored
    For Sale
    $325,000

    Traditional, Four-Plex - Fort Smith, AR

    Property size:
    4,130 SF
    Lot size:
    0.16 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 8:06 pm

    Property Features for 501 May Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    14436-0029-00003-00
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    4,130 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1972
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Carpet, Laminate
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    New Traditional

    Bradford & Udouj Realtors (479) 646-5539 [email protected]

    Listing agent Cannava-Brown Team (479) 646-5539

    Listing date Jan 6, 2026

    MLS# 1086225 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 Four-Plex Investment

    This four-plex presents an investment opportunity, situated conveniently near a college, shopping areas, and a hospital in Fort Smith, Arkansas. The property consists of four units, each featuring 2 bedrooms and 1 bathroom, with an approximate area of 1100 square feet per unit. The building is all electric. The property has been well-maintained by a long-term owner. The lot size is 0.1597 acres. The total building size is 4130 square feet. The annual income is $28,200, representing an 8.7% CAP Rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.402522
    Latitude
    35.380107

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-plex near college, shopping, and hospital in Fort Smith.
    Where is this quadplex located?
    The property is located at 501 May Ave Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - 8.7% CAP Rate; - All Units feature 2 Bedroom, 1 Bath & Approx 1100 SF; - Conveniently Located to College, Shopping & Hospital
    (479) 646-5539
    Request Owner's contact information
    501 May Ave Fort Smith, AR 72901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 May Ave Fort Smith, AR 72901
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