Spacious Duplex in Fort
5600/5602 Elmwood PL Fort Smith, AR 72903
For Sale
$330,000
Pending
MULTI_FAMILY - Fort Smith, AR
Property Size2,697 SF
Lot Size0.24 Acres
Days on Market161
Property Features for 5600/5602 Elmwood PL
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2
- Parking features
- Garage - Attached
- Standard status
- Pending
- APN
- 18803-0011-00000-00
- Size
- 2,697 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Description
- Lot 11, The woods on elm, an addition to the city of Fort Smith, Sebastian County, Arkansas, According to the plat filed February 15, 2002. Less and Except minerals and mineral rights
- Tax Annual Amount
- 2463
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Tile - Ceramic
- Roof type
- Shingle
Listing Agency:
Jimmy Bell Real Estate
(479) 474-9200
Listed By:
Blaine Bell
(479) 474-9200
Added: Feb 12
Changed: Jul 14
Last Checked: Jul 23 at 2:06PM
MLS# 1086950
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.
Investment Insights
Based on property information with market context.
This duplex in Fort Smith, AR, features two units, each with 2 bedrooms and 2 full bathrooms. Each unit provides 1,348 square feet of living space within an open floor plan. The property, situated on a 0.24-acre lot, includes an attached 2-car garage for each unit. With a total property size of 2,697 square feet, this property offers great income potential and low-maintenance living, making it suitable for both owner-occupants and investors.
Key Highlights
- Duplex with 2 units, each offering 2 bedrooms and 2 full bathrooms
- Total living area: 1,348 sq ft
- Each unit includes an attached 2‑car garage
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.5k | $10.20 |
| − Vacancy | −$2.0k | −$0.73 |
| EGI | $25.6k | $9.47 |
| − OpEx | −$7.7k | −$2.84 |
| NOI | $17.9k | $6.63 |
2,697 SF · lease $10.20/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$255.5K
$223.6K – $298.1K
NOI $17,886 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$228.2K
$199.6K – $266.2K
NOI $15,971 @ 7.0% cap · market cap 4.84%
Theoretical Best
Healthcare Medical
$573.8K
$502.1K – $669.5K
NOI $40,167 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two 2-bedroom units with garages, ideal for investors.
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 $330,000.
What are key features of this property?
This property features: Duplex with 2 units, each offering 2 bedrooms and 2 full bathrooms; Total living area: 1,348 sq ft; Each unit includes an attached 2‑car garage
