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    Well-Maintained Duplex in Fort Smith

    6500 Dallas Street Fort Smith, AR 72903

    Claim this Listing
    Pending
    $245,000

    MULTI_FAMILY - Fort Smith, AR

    Property size:
    2,329 SF
    Lot size:
    0.29 Acres
    Added:
    Aug 12, 2025
    Days on Market:
    335
    Last Refresh:
    Jul 12 at 8:06 am

    Property Features for 6500 Dallas Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 2
    Parking features
    Open, Garage
    Exterior features
    ConcreteDriveway
    Appliances
    ElectricWaterHeater
    Standard status
    Pending
    APN
    11413-0001-00005-00
    Size
    2,329 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Description
    LOT 1 REPLAT OF LOTS 1-2-3-4-5
    Tax Annual Amount
    1664

    Utilities

    Heating system
    Central
    Cooling system
    Electric

    Building Details

    Year built
    1975
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Vinyl
    Building materials
    Brick, VinylSiding
    Roof type
    Shingle

    Listing agent Alicia Arnold License #EB00088356

    Listing office AROK Realty, LLC 406 Webster St., Van Buren, AR

    Listing date Aug 12, 2025

    MLS# 1317774 Listing URL

    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.

    Investment Insights

    Based on property information with market context.

    This well-maintained duplex presents a significant investment opportunity. Situated in a highly desirable area of Fort Smith, Arkansas, it offers convenient access to shopping, dining, and entertainment. The property features upgrades that enhance its appeal, providing modern touches while preserving its original charm. Each unit includes open living spaces and updated kitchens. The tenants are responsible for all utilities, while the owner provides lawn care. The property is being sold in its current condition. The lot size is 0.2929 acres, and the property size is 2329 square feet.

    Key Highlights

    • Well‑maintained duplex built in 1975 with brick and vinyl siding exterior
    • Each unit offers open living space with updated kitchens
    • Heating and cooling include central heating and electric cooling

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $23.8k $10.20
    − Vacancy −$1.7k −$0.73
    EGI $22.1k $9.47
    − OpEx −$6.6k −$2.84
    NOI $15.4k $6.63
    2,329 SF · lease $10.20/SF/yr · vacancy 7.12% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $220.6K
    $193.1K – $257.4K (±1% cap)
    NOI $15,445 @ 7.0% cap · market cap 6.30%
    Second Best
    Apartment 5plus
    $197.0K
    $172.4K – $229.9K (±1% cap)
    NOI $13,792 @ 7.0% cap · market cap 5.63%
    Theoretical Best
    Healthcare Medical
    $495.5K
    $433.6K – $578.1K (±1% cap)
    NOI $34,686 @ 7.0% cap · market cap 14.16%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Kitchen & Bath Showroom HVAC Service Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Storage Facility Locksmith

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Duplex in desirable location near shopping, dining, and entertainment.
    Where is this duplex located?
    The property is located at 6500 Dallas Street Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Well‑maintained duplex built in 1975 with brick and vinyl siding exterior; Each unit offers open living space with updated kitchens; Heating and cooling include central heating and electric cooling
    Contact an agent
    (479) 430-8719
    We can help!
    Contact an agent
    Alicia Arnold
    Real Estate License ID: EB00088356
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