Duplex with Updated
1800 N K ST, Fort Smith, AR 72901
For Sale
New
$139,000
Multifamily, Fort Smith, AR
Property Size1,745 SF
Lot Size0.22 Acres
Price / SF$79.66
Days on Market2
Property Features for 1800 N K ST
General Information
Property type
Property subtype
Bedrooms
Rooms
Parking features
Patio and Porch features
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Floors in Building
Number of units
Flooring type
Roof type
Listing Agency:
Envision Real Estate Group, LLC
(479) 478-6755
Listed By:
Chris Allen
(479) 462-8297
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 10 at 9:06PM
MLS# 1093006
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.
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Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom, 1-bathroom residences within 1,745 square feet. Hardwood flooring serves the living rooms and bedrooms, while kitchens and bathrooms have vinyl plank floors. Granite countertops and updated tub and shower surrounds add to the interior finish. The exterior has vinyl siding and a newer shingle roof.
One unit is occupied by a long-term tenant; the other is vacant and ready for occupancy. Tenants are responsible for all utilities. The property occupies a 0.2195-acre lot at 1800 N K St in Fort Smith. Assigned parking and a porch are also included.
One unit is occupied by a long-term tenant; the other is vacant and ready for occupancy. Tenants are responsible for all utilities. The property occupies a 0.2195-acre lot at 1800 N K St in Fort Smith. Assigned parking and a porch are also included.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 1,745 square feet of building area on a 0.2195‑acre lot
- Hardwood floors in living rooms and bedrooms; vinyl plank in kitchens and baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,572
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,440
$231.4K
Cap Rate 7%
$165,314
$165.3K
Cap Rate 9%
$128,578
$128.6K
Market Conditions
NOI Build-Up for 1,745 SF
Gross rent
$17.8K $10.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$16.5K $9.47/SF
− OpEx
−$5.0K −$2.84/SF
NOI
$11.6K $6.63/SF
Area
Sebastian County, AR
Vacancy
7.12%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,440
Cap Rate 7%
$165,314
Cap Rate 9%
$128,578
Alternative Uses
Best Use
Multifamily LT 5
$165.3K
$144.7K – $192.9K
NOI $11,572 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$147.6K
$129.2K – $172.2K
NOI $10,334 @ 7.0% cap · market cap 7.43%
Theoretical Best
Healthcare Medical
$371.3K
$324.9K – $433.2K
NOI $25,989 @ 7.0% cap · market cap 18.70%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
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Business Placement
Demographics for 72901, AR
20,973
Population
10,337
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
2,411
Density / Sq Mi
$42,568
Median Household Income
$30,582
Median Earnings
$837
Median Rent
$113,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Smith, AR
Properties on Market for Duplexes in Fort Smith
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units feature granite kitchen counters, mixed flooring, and updated tub and shower surrounds.
Where is this duplex located?
The property is located at 1800 N K ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 1,745 square feet of building area on a 0.2195‑acre lot; Hardwood floors in living rooms and bedrooms; vinyl plank in kitchens and baths
