1700 S Carthage ST, Fort Smith, AR 72901
MULTI_FAMILY - Fort Smith, AR
- Added:
- Feb 4, 2026
- Days on Market:
- 152
- Last Refresh:
- Jul 6 at 9:06 am
Property Features for 1700 S Carthage ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 11541-0036-00000-01
- Size
- 3,965 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Description
- N 120' LT 36
- Tax Annual Amount
- 1645
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing agent Team Salsbury (479) 719-1234
Listing office AROK Realty, LLC 406 Webster, Van Buren, AR (479) 719-1234
Listing date Feb 4, 2026
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.
HighLights
- Fourplex with four fully leased units
- Brand new shingle roof installed June 2026
- Central air conditioning with electric cooling
- Central heating with electric (heating)
- Vinyl flooring throughout
Overview
The property is located at 1700 S Carthage ST in Fort Smith, Arkansas (Sebastian County), on a 0.36-acre lot. It offers ample parking and a convenient setting close to shopping, schools, and major amenities, supporting tenant day-to-day needs.
For investors or owner-operators seeking a small multifamily asset, this fourplex provides a straightforward, unit-based setup with all four units currently leased. The combination of recent roofing and ongoing care/updates may appeal to buyers looking for a more manageable operating profile while retaining the fundamental benefits of a four-unit structure.
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 | $40.4k | $10.20 |
| − Vacancy | −$2.9k | −$0.73 |
| EGI | $37.6k | $9.47 |
| − OpEx | −$11.3k | −$2.84 |
| NOI | $26.3k | $6.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.417399
- Latitude
- 35.35431
