Remodeled
For Sale
$129,000
618 N 20th ST, Fort Smith, AR 72901
Multifamily, Fort Smith, AR
Property Size1,516 SF
Lot Size0.16 Acres
Price / SF$85.09
Days on Market50
Property Features for 618 N 20th ST
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Patio, Porch
Fencing
Chain Link
Appliances
Dishwasher, Electric, Range
Subdivision
Fitzgerald
Lot features
Sidewalk
Elementary school
Tilles
Middle school
Darby
High school
Northside
Directions
Heading NW on Rogers Ave, keep right onto North B St., turn right onto N 20th St. Duplex is on right.
Standard status
Active
APN
12763-0005-00088-00
Size
1,516 SF
Lot size
0.16 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Description
LOT 5 BLK 88
Tax Annual Amount
579
Legal Description
LOT 5 BLK 88
Utilities
Heating system
Electric (Heating), Ductless (Heating)
Cooling system
Ductless, Electric
Amenities
washer/dryer connections
private entrances
shared fenced backyard
Building Details
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile - Ceramic
Roof type
Shingle
Listing Agency:
Keller Williams Platinum Realty · Keller Williams Realty
Listed By:
Aaron Bettencourt
(479) 434-3000
Added: Sep 18
Changed: Oct 28
Last Checked: Nov 6 at 11:06AM
MLS# 1091823
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 recently remodeled duplex contains 1,516 square feet on a 0.1607-acre lot. The unit mix includes a one-bedroom, one-bath residence and a separate efficiency unit, creating two distinct living spaces within the property. Each unit has its own entrance, washer and dryer connections, and separate utility meter. New ductless split systems and water heaters have been installed.
The property includes a shared fenced backyard with chain-link fencing, along with a patio and porch. Interior finishes include ceramic tile and laminate flooring. Additional features include electric heating and cooling, a shingle roof, dishwasher, and electric range. Located at 618 N 20th ST in Fort Smith, Arkansas, the duplex is identified by postal code 72901.
The property includes a shared fenced backyard with chain-link fencing, along with a patio and porch. Interior finishes include ceramic tile and laminate flooring. Additional features include electric heating and cooling, a shingle roof, dishwasher, and electric range. Located at 618 N 20th ST in Fort Smith, Arkansas, the duplex is identified by postal code 72901.
Key Highlights
- 1,516‑square‑foot duplex on a 0.1607‑acre lot
- Unit mix includes 1 bed/1 bath and an efficiency unit
- Separate utility meters and private entrances for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,054
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,080
$201.1K
Cap Rate 7%
$143,629
$143.6K
Cap Rate 9%
$111,711
$111.7K
Market Conditions
NOI Build-Up for 1,516 SF
Gross rent
$15.5K $10.20/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$14.4K $9.47/SF
− OpEx
−$4.3K −$2.84/SF
NOI
$10.1K $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%
$201,080
Cap Rate 7%
$143,629
Cap Rate 9%
$111,711
Alternative Uses
Best Use
Multifamily LT 5
$143.6K
$125.7K – $167.6K
NOI $10,054 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$128.3K
$112.2K – $149.6K
NOI $8,978 @ 7.0% cap · market cap 6.96%
Theoretical Best
Healthcare Medical
$322.5K
$282.2K – $376.3K
NOI $22,578 @ 7.0% cap · market cap 17.50%
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
832
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 distinct units provide separate utility metering, private access, and individual washer and dryer connections.
Where is this duplex located?
The property is located at 618 N 20th ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 1,516‑square‑foot duplex on a 0.1607‑acre lot; Unit mix includes 1 bed/1 bath and an efficiency unit; Separate utility meters and private entrances for each unit
