Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    517-519 N 31St St Fort Smith, AR 72903

    For Sale
    $400,000

    Apartments - Fort Smith, AR

    Property size:
    2,936 SF
    Lot size:
    0.20 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 517-519 N 31St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    10843-0143-00010-00
    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
    Number of units
    8
    Flooring type
    Carpet, Laminate, Vinyl
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    AROK Realty, LLC (479) 719-1234

    Listing agent Team Salsbury (479) 719-1234

    Listing date Oct 22, 2025

    MLS# 1072140 Listing URL

    Copyright © 2025 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 Apartments For Sale

    This multifamily property in Fort Smith, Arkansas, presents an investment opportunity with eight one-bedroom, one-bathroom apartments. Select units have been updated with vinyl plank flooring and fresh paint. Each four-plex building includes a coin-operated washer and dryer for tenant convenience. The owner is responsible for water and trash services, while tenants cover their electricity expenses. The property encompasses a total of 2,936 square feet and is situated on a 0.1964-acre lot.
    Property Profile 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

    Nearby Similar for Sale

    • Contact for pricing
      3,856 SF

      Historic Office Building on Garrison

      Executive office space in prime location near amenities and parking.
      502 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $615,000
      7,031 SF

      Downtown Fort Smith Investment Opportunity

      Multi-tenant commercial property in historic downtown Fort Smith.
      219 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $995,000
      7,100 SF

      Fort Smith Colonial Mansion Hotel

      Income-producing 9-bedroom property with charm in the heart of Fort Smith.
      1320 S Albert Pike Ave, Fort Smith, AR 72903
      View Details
    • $619,000
      5,112 SF

      Remodeled Historical Office Building

      Remodeled office building with apartment in Fort Smith, Arkansas.
      120 N 16Th St, Fort Smith, AR 72901
      View Details
    • $615,000
      7,031 SF

      Downtown Fort Smith Investment Opportunity

      Multi-tenant commercial property in historic downtown Fort Smith.
      219 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $85,000
      1,522 SF

      Fort Smith Duplex with Hardwood

      Centrally located Fort Smith duplex with original hardwood floors.
      1023 S 17Th St, Fort Smith, AR 72901
      View Details

    FAQs

    What type of property is this?
    Apartment building - Eight-unit apartment building in Fort Smith, Arkansas. Investor opportunity.
    Where is this apartment building located?
    The property is located at 517-519 N 31St St Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Eight 1-bedroom, 1-bathroom apartments offer immediate rental income potential.; - Brick construction provides durability and low maintenance.; - Coin-operated washer/dryer in each four-plex generates additional income.
    (479) 719-1234
    Request Owner's contact information
    517-519 N 31St St Fort Smith, AR 72903
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    517-519 N 31St St
    Fort Smith, AR 72903
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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 N 31St St Fort Smith, AR 72903
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.