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
    The Largest CRE Database in the US with Over 1 Million Listings

    5600/5602 Elmwood Pl Fort Smith, AR 72903

    Sponsored
    For Sale
    $340,000

    MULTI_FAMILY - Fort Smith, AR

    Property size:
    2,697 SF
    Lot size:
    0.24 Acres
    Days on Market:
    7
    Last Refresh:
    Feb 19 at 8:06 pm

    Property Features for 5600/5602 Elmwood Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
    Bedrooms
    4
    APN
    18803-0011-00000-00
    Parking features
    Garage - Attached
    Size
    2,697 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Natural Gas, Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2002
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile - Ceramic, Carpet
    Roof type
    Shingle

    We can help!

    Listing Contact
    Blaine Bell

    Jimmy Bell Real Estate Company (479) 474-9200

    Listing agent Blaine Bell

    Listing date Feb 13, 2026

    MLS# 1086950 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.

    Learn more

    Property Insight Report

    Overview

    Spacious Duplex in Fort Smith

    This duplex in Fort Smith, Arkansas, features two units, each with 2 bedrooms and 2 full bathrooms. Each unit provides 1,348 square feet of living space and includes an attached 2-car garage. The property, situated on a 0.24-acre lot, offers open floor plans with generous room sizes. With a total property size of 2,697 square feet, this property is suitable for both owner-occupants and investors, offering income potential and low-maintenance living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.369574
    Latitude
    35.372287

    Nearby Similar for Sale

    • Contact for pricing
      6,350 SF

      Commercial Office Building on Large Lot

      6,350 SF office building on 1.1-acre corner lot.
      4020 Newlon Rd, Fort Smith, AR 72904
      View Details
    • $250,000
      6,861,408 SF

      Commercial Property with Salon and House

      Commercial property featuring a salon, house, and vacant lot.
      701 And G St, Fort Smith, AR 72901
      View Details
    • $1,099,999
      5,095 SF

      Compound-Style Property with Shop

      Rare property with main residence and climate-controlled shop.
      2201 N 58Th St, Fort Smith, AR 72904
      View Details
    • New
      $235,000
      2,256 SF

      Spacious Duplex in Fort Smith

      Fort Smith duplex with rental income potential and recent updates.
      3426 Bryn Mawr Cir, Fort Smith, AR 72908
      View Details
    • $1,349,999
      5,000 SF

      Rare Compound-Style Property

      Compound-style property with main residence, guesthouse, and shop.
      2201 N 58Th St, Fort Smith, AR 72904
      View Details
    • $699,000
      5,088 SF

      Fort Smith Commercial Space

      5088 sq ft building on one acre lot.
      3505 Johnson St, Fort Smith, AR 72904
      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

      Income-producing property with potential in the heart of Fort Smith.
      1320 S Albert Pike Ave, Fort Smith, AR 72903
      View Details
    • $615,000
      7,031 SF

      Downtown Fort Smith Investment Opportunity

      Multi-tenant commercial building in historic downtown Fort Smith.
      219 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $599,000
      5,112 SF

      Remodeled Historical Office Building

      Remodeled office building featuring original woodwork and a third-story apartment.
      120 N 16Th St, Fort Smith, AR 72901
      View Details
    • $85,000
      1,522 SF

      Fort Smith Duplex with Attic

      Centrally located duplex with hardwood floors and unfinished attic.
      1023 S 17Th St, Fort Smith, AR 72901
      View Details
    • $699,000
      5,088 SF

      Spacious Building on One Acre

      5088 sq ft building on one acre lot.
      3505 Johnson St, Fort Smith, AR 72904
      View Details

    FAQs

    What type of property is this?
    Duplex - Two units, each with 2 beds, 2 baths, and garage.
    Where is this duplex located?
    The property is located at 5600/5602 Elmwood Pl Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: - Two spacious units, each featuring 2 bedrooms and 2 full bathrooms, totaling 1,348 sq ft of living space per unit.; - Each unit has an attached 2-car garage.; - Enjoy open floor plans with generous room sizes.
    (479) 474-9200
    Request Owner's contact information
    5600/5602 Elmwood Pl 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.
    5600/5602 Elmwood Pl
    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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    5600/5602 Elmwood Pl 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Blaine Bell
    (479) 474-9200
    Learn more
    Google sign-in failed. Please try again or use another login method.