Duplex with Flexible
For Sale
$119,900
700-702 N 17th ST, Fort Smith, AR 72901
Multifamily, Fort Smith, AR
Property Size1,512 SF
Lot Size0.16 Acres
Price / SF$79.30
Days on Market326
Property Features for 700-702 N 17th ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Fitzgerald
Lot features
Curbing
Elementary school district
Fort Smith
Middle school district
Fort Smith
High school district
Fort Smith
Directions
From Grand Ave, turn on N. 17th Street.
Standard status
Active
APN
12763-0001-00036-00
Size
1,512 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
LOT 1 BLK 36LOT 1 BLK 36
Tax Annual Amount
716
Legal Description
LOT 1 BLK 36LOT 1 BLK 36
Utilities
Heating system
Central, Natural Gas
Cooling system
Central Air, Electric
Building Details
Floors in Building
1
Number of units
2
Flooring type
Laminate, Wood
Roof type
Shingle
Listing Agency:
Citiland Properties
Listed By:
Cynthia Yarbrough
(479) 719-3732
Added: Nov 14, 2025
Changed: Sep 14
Last Checked: Oct 6 at 10:06AM
MLS# 1085328
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.
Investment Insights
Based on property information with market context.
This 1,512-square-foot duplex at 700-702 N 17th ST includes two residential units on a 0.1607-acre parcel in Fort Smith. Unit 702 features wood flooring, a spacious living room, and a formal dining room that can also serve as workspace. Unit 700 has laminate plank flooring and carpet in the bedroom. Each unit is arranged with one bedroom and the option for a second bedroom, supporting use as a guest room, office, or storage area.
The kitchens include major appliances, including washers and dryers. Property systems include natural gas heating, central heating, central air, and electric cooling. The building has a shingle roof and is located in ZIP Code 72901.
The kitchens include major appliances, including washers and dryers. Property systems include natural gas heating, central heating, central air, and electric cooling. The building has a shingle roof and is located in ZIP Code 72901.
Key Highlights
- 1,512 SF duplex on a 0.1607‑acre parcel
- Two units with one bedroom plus an option for a second in each
- Unit 702 includes wood flooring, living room, and formal dining room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,027
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,540
$200.5K
Cap Rate 7%
$143,243
$143.2K
Cap Rate 9%
$111,411
$111.4K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$15.4K $10.20/SF
− Vacancy
−$1.1K −$0.73/SF
EGI
$14.3K $9.47/SF
− OpEx
−$4.3K −$2.84/SF
NOI
$10.0K $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%
$200,540
Cap Rate 7%
$143,243
Cap Rate 9%
$111,411
Alternative Uses
Best Use
Multifamily LT 5
$143.2K
$125.3K – $167.1K
NOI $10,027 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$127.9K
$111.9K – $149.2K
NOI $8,954 @ 7.0% cap · market cap 7.47%
Theoretical Best
Healthcare Medical
$321.7K
$281.5K – $375.3K
NOI $22,519 @ 7.0% cap · market cap 18.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
970
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer adaptable bedroom arrangements, furnished kitchens, and central heating and cooling.
Where is this duplex located?
The property is located at 700-702 N 17th ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 1,512 SF duplex on a 0.1607‑acre parcel; Two units with one bedroom plus an option for a second in each; Unit 702 includes wood flooring, living room, and formal dining room
