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Six-Unit Duplex Portfolio
For Sale
$1,350,000

7421 Terry St, Fort Smith, AR 72916

Recently remodeled residential units with furnished short-term rental operations, one vacancy, and three occupied units.

Property Size2,500 SF
Price / SF$540
Days on Market32

Property Features for 7421 Terry St

General Information

Standard status Active
Size 2,500 SF
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 6 x 3BR/2BA
Multifamily Units 6

Building Details

Buildings 3
Listing Agency: The Heritage Group Real Estate Co.
Listed By: Chris Hacker
Source: Thebesthomeprice
Added: Jul 29 Changed: Aug 28 Last Checked: Aug 25 at 5:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Heritage Group Real Estate Co.

Investment Insights

Based on property information with market context.

This offering comprises three duplex buildings with six residential units. Each unit measures approximately 1,250 square feet and includes three bedrooms, two bathrooms, a fully equipped kitchen, and an in-unit washer and dryer. Recent remodeling has refreshed the interiors, while pet-friendly accommodations support a broad range of residential use. The property is positioned for multiple ownership approaches, with two furnished units operating as short-term rentals, one vacant unit, and three occupied units.

Located on Terry Street in the Chaffee Crossing area of Barling, the property provides access to I-49, shopping, dining, the Arkansas College of Osteopathic Medicine, and employers within the Chaffee Crossing development. The combination of duplex construction, unit-level laundry, updated finishes, and varied occupancy creates a clearly defined six-unit residential portfolio.

Key Highlights

  • Three duplexes containing six residential units
  • Each unit is approximately 1,250 square feet with 3 bedrooms and 2 bathrooms
  • Recently remodeled interiors with updated finishes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 72916, AR

10,250
Population
4,720
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
92%
High-School Grad
37.7 sq mi
ZIP Area
272
Density / Sq Mi
$88,125
Median Household Income
$51,444
Median Earnings
$1,212
Median Rent
$257,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Recently remodeled residential units with furnished short-term rental operations, one vacancy, and three occupied units.
Where is this duplex located?
The property is located at 7421 Terry St Fort Smith, AR.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three duplexes containing six residential units; Each unit is approximately 1,250 square feet with 3 bedrooms and 2 bathrooms; Recently remodeled interiors with updated finishes
More about this property
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