Brick Quadplex with Assigned
For Sale
$330,000
Pending
2200 M Street, Fort Smith, AR 72901
Residential, Fort Smith, AR
Property Size2,936 SF
Lot Size0.16 Acres
Days on Market170
Property Features for 2200 M Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 6
Parking features
Assigned
Exterior features
ConcreteDriveway
Appliances
ElectricWaterHeater
Subdivision
St Edwards Place
Lot features
Central Business District, Cleared, City Lot, Near Park
Directions
Rogers Avenue to Greenwood Ave south. Right on Dodson. Left on South 22nd Street (Park Hill) Porperty on the Corner of 22nd & South M
Standard status
Pending
APN
16890-0006-00008-00
Size
2,936 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
LOT 6 BLK 8
Tax Annual Amount
1460
Legal Description
LOT 6 BLK 8
Utilities
Heating system
Baseboard
Cooling system
Window Unit(s)
Building Details
Year built
1970
Floors in Building
2
Number of units
4
Flooring type
Laminate
Building materials
Brick
Roof type
Asphalt, Shingle
Listing Agency:
Exit Realty Harper Carlton Group
(479) 372-6246
Listed By:
The Cordova Team
(479) 381-8479
Added: May 17
Changed: Oct 31
Last Checked: Nov 2 at 3:06PM
MLS# 1347735
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.
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Investment Insights
Based on property information with market context.
This 2,936-square-foot quadplex contains four residential units, including two one-bedroom apartments and two two-bedroom apartments. Built in 1970, the property has brick construction, laminate flooring, baseboard heating, window-unit cooling, and an electric water heater. A shingle and asphalt roof, concrete driveway, and assigned parking complete the physical improvements.
The property is located at 2200 M Street in Fort Smith, Arkansas, within Sebastian County. Its 0.1586-acre site supports the existing multifamily configuration, with unit layouts that provide both smaller and larger residential options.
The property is located at 2200 M Street in Fort Smith, Arkansas, within Sebastian County. Its 0.1586-acre site supports the existing multifamily configuration, with unit layouts that provide both smaller and larger residential options.
Key Highlights
- Two 1‑bedroom units and two 2‑bedroom units
- 2,936 square feet of multifamily space
- 0.1586‑acre site in Fort Smith, AR
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,470
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,400
$389.4K
Cap Rate 7%
$278,143
$278.1K
Cap Rate 9%
$216,333
$216.3K
Market Conditions
NOI Build-Up for 2,936 SF
Gross rent
$29.9K $10.20/SF
− Vacancy
−$2.1K −$0.73/SF
EGI
$27.8K $9.47/SF
− OpEx
−$8.3K −$2.84/SF
NOI
$19.5K $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%
$389,400
Cap Rate 7%
$278,143
Cap Rate 9%
$216,333
Alternative Uses
Best Use
Multifamily LT 5
$278.1K
$243.4K – $324.5K
NOI $19,470 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$248.4K
$217.3K – $289.8K
NOI $17,387 @ 7.0% cap · market cap 5.27%
Theoretical Best
Healthcare Medical
$624.7K
$546.6K – $728.8K
NOI $43,726 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
871
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with a mix of one- and two-bedroom residences.
Where is this quadplex located?
The property is located at 2200 M Street 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: Two 1‑bedroom units and two 2‑bedroom units; 2,936 square feet of multifamily space; 0.1586‑acre site in Fort Smith, AR
