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    517-519 31St St Fort Smith, AR 72903

    Sponsored
    For Sale
    $410,000

    Apartments - Fort Smith, AR

    Property size:
    2,936 SF
    Lot size:
    0.20 Acres
    Days on Market:
    433
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 517-519 31St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    10843-0143-00010-00
    Parking features
    Driveway
    Interior features
    Smoke Detector
    Size
    2,936 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Baseboard
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1970
    Floors in Building
    2
    Flooring type
    Carpet, Laminate, Vinyl
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    AROK Realty, LLC (479) 719-1234

    Listing agent Jenifer Salsbury (479) 719-1234

    Listing date Oct 30, 2024

    MLS# 1276145 Listing URL

    Copyright © 2026 Northwest Arkansas 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 Apartments For Sale

    This property features eight apartments, each with one bedroom and one bathroom. The property consists of two four-plex buildings. Some units have been updated with vinyl plank flooring and paint throughout. Coin-operated washer and dryer units are located in each four-plex. The owner is responsible for water and trash expenses, while tenants cover electric costs. The property is located in Fort Smith, AR, and the lot size is 0.1964 acres. The total property size is 2,936 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -94.399176
    Latitude
    35.380547

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    FAQs

    What type of property is this?
    Apartment building - Eight apartments in Fort Smith, AR. Investment opportunity.
    Where is this apartment building located?
    The property is located at 517-519 31St St Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - Eight 1-bedroom, 1-bathroom apartments offer immediate rental income potential.; - Coin-operated washer/dryer in each four-plex provides additional income.; - Tenants pay for electric, reducing owner expenses.
    (479) 719-1234
    Request Owner's contact information
    517-519 31St St Fort Smith, AR 72903
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    Fort Smith, AR 72903
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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
    517-519 31St St Fort Smith, AR 72903
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