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Six-Unit Duplex Portfolio
For Sale
$1,250,000

7421 Terry Street, Fort Smith, AR 72916

Residential, Fort Smith, AR

Property Size2,500 SF
Lot Size0.34 Acres
Price / SF$500
Days on Market65

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

in-unit washer and dryer
pet-friendly

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.
Listed By: Chris Hacker · License #SA00094417
Added: Jul 24 Changed: Sep 15 Last Checked: Sep 26 at 6:06PM
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 residential income property comprises three duplex buildings with six total units. Each residence includes 3 bedrooms, 2 bathrooms, a fully equipped kitchen, and an in-unit washer and dryer. Recent remodeling has introduced updated finishes, while pet-friendly accommodations support broader rental appeal. Assigned parking and gravel driveways serve the property.

The duplexes are situated on Terry Street within the Chaffee Crossing area, with access to I-49, shopping, dining, the Arkansas College of Osteopathic Medicine, and employers in the surrounding development. The current operating profile includes two furnished short-term rental units, one vacant unit, and three occupied units, creating a mix of existing occupancy and available use.

Key Highlights

  • Three duplexes comprising six residential units
  • Each unit offers 3 bedrooms, 2 bathrooms, a full kitchen, and in‑unit washer and dryer
  • Two units operate as furnished short‑term rentals; one is vacant and three are occupied

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Remodeled residential units feature full kitchens, in-unit laundry, and flexible occupancy arrangements.
Where is this duplex located?
The property is located at 7421 Terry Street Fort Smith, AR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three duplexes comprising six residential units; Each unit offers 3 bedrooms, 2 bathrooms, a full kitchen, and in‑unit washer and dryer; Two units operate as furnished short‑term rentals; one is vacant and three are occupied
More about this property
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