Three Duplex Income
For Sale
$1,800,000
7421 Terry Street, Fort Smith, AR 72916
MULTI_FAMILY - Fort Smith, AR
Property Size2,500 SF
Lot Size0.34 Acres
Price / SF$720
Days on Market8
Property Features for 7421 Terry Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Assigned
Exterior features
GravelDriveway
Appliances
ElectricWaterHeater
Subdivision
The Fuge Residential
Lot features
Central Business District, Cleared, City Lot, Level, Subdivision, Secluded
Directions
Take Frontier Road to Taylor Ave, go 1/2 mile and turn south onto Terry St. The property is located at the south end of Terry St, on the east side of the road.
Standard status
Active
APN
18285-0004-00000-00
Size
2,500 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
PT LT 2A
Tax Annual Amount
1748
Legal Description
PT LT 2A
Utilities
Heating system
Ductless (Heating)
Cooling system
Ductless
Amenities
fully equipped kitchen
in-unit washer and dryer
pet-friendly accommodations
Building Details
Floors in Building
1
Number of units
6
Flooring type
Vinyl
Building materials
AluminumSiding
Roof type
Shingle, Asphalt
Listing Agency:
The Heritage Group Real Estate Co.
(479) 806-5955
Listed By:
Chris Hacker · License #SA00094417
(479) 312-7876
Added: Jul 24
Changed: Jul 27
Last Checked: Jul 31 at 2:06PM
MLS# 1356834
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 property consists of three duplexes totaling six residential units. Each unit offers approximately 1,250+/- square feet with 3 bedrooms and 2 bathrooms, a fully equipped kitchen, and an in-unit washer and dryer. The units have been recently remodeled with updated finishes.
The property is located at 7421 Terry Street in Fort Smith, Arkansas, in the Chaffee Crossing area. It offers convenient access to I-49 and shopping and dining, and is just minutes from the Arkansas College of Osteopathic Medicine and other major employers in the Chaffee Crossing development.
The current unit mix includes two units operating as furnished short-term rentals, one unit vacant, and the remaining three units occupied. The property is described as pet-friendly, providing added flexibility for a range of occupancy needs.
The property is located at 7421 Terry Street in Fort Smith, Arkansas, in the Chaffee Crossing area. It offers convenient access to I-49 and shopping and dining, and is just minutes from the Arkansas College of Osteopathic Medicine and other major employers in the Chaffee Crossing development.
The current unit mix includes two units operating as furnished short-term rentals, one unit vacant, and the remaining three units occupied. The property is described as pet-friendly, providing added flexibility for a range of occupancy needs.
Key Highlights
- Three duplexes (six residential units) in the Chaffee Crossing area of Barling
- Each unit offers approx. 1,250+/- SF with 3 bedrooms and 2 bathrooms
- Units include a fully equipped kitchen and in‑unit washer and dryer
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
83.3%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three duplexes totaling six units, recently remodeled with in-unit washer and dryer across each unit.
Where is this apartment building located?
The property is located at 7421 Terry Street Fort Smith, AR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Three duplexes (six residential units) in the Chaffee Crossing area of Barling; Each unit offers approx. 1,250+/- SF with 3 bedrooms and 2 bathrooms; Units include a fully equipped kitchen and in‑unit washer and dryer