Remodeled Duplex
4426 & 4500 Windsor DR, Fort Smith, AR 72904
For Sale
$410,000
Multifamily, Fort Smith, AR
Property Size4,256 SF
Lot Size0.24 Acres
Price / SF$96.33
Days on Market60
Property Features for 4426 & 4500 Windsor DR
General Information
Property type
Property subtype
Parking features
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
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
washer/dryer connections
fireplaces
covered patios
Building Details
Floors in Building
Number of units
Flooring type
Roof type
Buildings
Listing Agency:
O'Neal Real Estate- Fort Smith
(479) 242-4609
Listed By:
Jarvis Holloway
(918) 774-5743
Added: Sep 12
Changed: Oct 28
Last Checked: Nov 10 at 6:06AM
MLS# 1091778
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 offering comprises two duplex buildings with four total units, each configured with two bedrooms and one bathroom. The 4,256-square-foot property has been recently remodeled, with laminate flooring, new shingle roofs, and central electric heating and cooling. Three units have new HVAC systems. Each residence includes a private carport and washer and dryer connections. Front units add fireplaces, while rear units provide covered patios.
The property is located near schools, shopping, and everyday amenities in Fort Smith. A neighboring duplex is undergoing remodeling and may also be available for purchase, potentially allowing an interested buyer to consider an expanded acquisition. Current rents have not been increased by the owner.
The property is located near schools, shopping, and everyday amenities in Fort Smith. A neighboring duplex is undergoing remodeling and may also be available for purchase, potentially allowing an interested buyer to consider an expanded acquisition. Current rents have not been increased by the owner.
Key Highlights
- Two duplex buildings containing four total rental units
- Each unit includes 2 bedrooms and 1 bathroom
- 4,256 square feet on 0.2385 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,224
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,480
$564.5K
Cap Rate 7%
$403,200
$403.2K
Cap Rate 9%
$313,600
$313.6K
Market Conditions
NOI Build-Up for 4,256 SF
Gross rent
$43.4K $10.20/SF
− Vacancy
−$3.1K −$0.73/SF
EGI
$40.3K $9.47/SF
− OpEx
−$12.1K −$2.84/SF
NOI
$28.2K $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%
$564,480
Cap Rate 7%
$403,200
Cap Rate 9%
$313,600
Alternative Uses
Best Use
Multifamily LT 5
$403.2K
$352.8K – $470.4K
NOI $28,224 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$360.0K
$315.0K – $420.1K
NOI $25,203 @ 7.0% cap · market cap 6.15%
Theoretical Best
Healthcare Medical
$905.5K
$792.3K – $1.06M
NOI $63,385 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
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Business Placement
Demographics for 72904, AR
22,402
Population
8,406
Households
2.7
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
13.7 sq mi
ZIP Area
1,635
Density / Sq Mi
$40,357
Median Household Income
$28,519
Median Earnings
$817
Median Rent
$108,200
Median Home Value
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Market
Average Price Trend$/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 updated duplex buildings offer four rental units with private carports and in-unit washer and dryer connections.
Where is this duplex located?
The property is located at 4426 & 4500 Windsor DR Fort Smith, AR.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two duplex buildings containing four total rental units; Each unit includes 2 bedrooms and 1 bathroom; 4,256 square feet on 0.2385 acres
