Updated Duplex with Attached
2005 A & B S 46th ST, Fort Smith, AR 72903
For Sale
New
$349,900
Multifamily, Traditional, Fort Smith, AR
Property Size2,678 SF
Lot Size0.29 Acres
Price / SF$130.66
Days on Market5
Property Features for 2005 A & B S 46th ST
General Information
Property type
Property subtype
Zoning
Parking features
Window features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Architectural style
Buildings
Listing Agency:
Keller Williams Platinum Realty · Keller Williams Realty
(479) 434-3000
Listed By:
Vicki Bush
(479) 806-7132
Added: Nov 6
Last Checked: Nov 10 at 12:06AM
MLS# 1092946
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 2,678 square feet and was built in 1997. Interior finishes include engineered hardwood flooring, quartz and granite countertops, tiled showers, and fireplaces. Each unit has an attached one-car garage and a private patio. Central heating and central air serve the property, and the roof is shingle.
Key Highlights
- Two‑unit residential property totaling 2,678 square feet
- Built in 1997
- Each unit has an attached one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,760
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,200
$355.2K
Cap Rate 7%
$253,714
$253.7K
Cap Rate 9%
$197,333
$197.3K
Market Conditions
NOI Build-Up for 2,678 SF
Gross rent
$27.3K $10.20/SF
− Vacancy
−$1.9K −$0.73/SF
EGI
$25.4K $9.47/SF
− OpEx
−$7.6K −$2.84/SF
NOI
$17.8K $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%
$355,200
Cap Rate 7%
$253,714
Cap Rate 9%
$197,333
Alternative Uses
Best Use
Multifamily LT 5
$253.7K
$222.0K – $296.0K
NOI $17,760 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$226.6K
$198.2K – $264.3K
NOI $15,859 @ 7.0% cap · market cap 4.53%
Theoretical Best
Healthcare Medical
$569.8K
$498.6K – $664.7K
NOI $39,884 @ 7.0% cap · market cap 11.40%
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
1,247
Businesses Nearby
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Business Placement
Demographics for 72903, AR
25,225
Population
12,079
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
16.2 sq mi
ZIP Area
1,557
Density / Sq Mi
$60,186
Median Household Income
$36,560
Median Earnings
$804
Median Rent
$216,200
Median Home Value
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Market
Average Price Trend$/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 private patios and separate garages add useful outdoor and parking features to the residential property.
Where is this duplex located?
The property is located at 2005 A & B S 46th ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑unit residential property totaling 2,678 square feet; Built in 1997; Each unit has an attached one‑car garage
