Well-Maintained Duplex in Fort
6500 Dallas Street Fort Smith, AR 72903
6500 Dallas Street, Fort Smith, AR, 72903
$245,000
Pending
For Sale
$245,000
Pending
MULTI_FAMILY - Fort Smith, AR
Property Size2,329 SF
Lot Size0.29 Acres
Days on Market341
Property Features for 6500 Dallas Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 1
- Parking features
- Open, Garage
- Exterior features
- ConcreteDriveway
- Appliances
- ElectricWaterHeater
- Standard status
- Pending
- APN
- 11413-0001-00005-00
- Size
- 2,329 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- LOT 1 REPLAT OF LOTS 1-2-3-4-5
- Tax Annual Amount
- 1664
Utilities
- Heating system
- Central
- Cooling system
- Electric
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle
Listing Agency
AROK Realty, LLC
(479) 719-1234
406 Webster St., Van Buren, AR
Listed by
Alicia Arnold · License #EB00088356
(479) 430-8719
Added: Aug 12, 2025 Checked: Jul 18 at 7:06 am
MLS# 1317774
Listing URL
Copyright © 2026 ArkansasONE MLS. 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 well-maintained duplex presents a significant investment opportunity. Situated in a highly desirable area of Fort Smith, Arkansas, it offers convenient access to shopping, dining, and entertainment. The property features upgrades that enhance its appeal, providing modern touches while preserving its original charm. Each unit includes open living spaces and updated kitchens. The tenants are responsible for all utilities, while the owner provides lawn care. The property is being sold in its current condition. The lot size is 0.2929 acres, and the property size is 2329 square feet.
Key Highlights
- Well‑maintained duplex built in 1975 with brick and vinyl siding exterior
- Each unit features open living areas and updated kitchens
- Tenants pay all utilities; owner provides lawn care
Local 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 | $23.8k | $10.20 |
| − Vacancy | −$1.7k | −$0.73 |
| EGI | $22.1k | $9.47 |
| − OpEx | −$6.6k | −$2.84 |
| NOI | $15.4k | $6.63 |
2,329 SF · lease $10.20/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$220.6K
$193.1K – $257.4K
NOI $15,445 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$197.0K
$172.4K – $229.9K
NOI $13,792 @ 7.0% cap · market cap 5.63%
Theoretical Best
Healthcare Medical
$495.5K
$433.6K – $578.1K
NOI $34,686 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex in desirable location near shopping, dining, and entertainment.
Where is this duplex located?
The property is located at 6500 Dallas Street Fort Smith, AR.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1975 with brick and vinyl siding exterior; Each unit features open living areas and updated kitchens; Tenants pay all utilities; owner provides lawn care
