7801 Thayer DR, Fort Smith, AR 72908
MULTI_FAMILY - Fort Smith, AR
- Added:
- Jul 2, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 6 at 4:06 am
Property Features for 7801 Thayer DR
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 17922-0001-00000-00
- Size
- 1,500 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- Subdivision THAYER VIEW RIDGE, Lot 1, City of Fort Smith, Sebastian County AR
- Tax Annual Amount
- 919
Utilities
- Cooling system
- Electric
Building Details
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Carpet, Tile - Ceramic
- Roof type
- Shingle
Listing agent Bedy Guzman License #SA00090606 (479) 262-3726
Listing office Alta Star Realty 2514 Dodson Ave., Fort Smith, AR (479) 262-3726
Listing date Jul 2, 2026
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.
HighLights
- Fully occupied income‑producing triplex plus an additional 1BD/1BA unit for 4 total rental units
- Unit mix: three 1‑bedroom, 1‑bath units plus one separate 1‑bedroom, 1‑bath unit
- Sold as is
- Electric cooling
- Carpet and ceramic tile flooring
- Shingle roof
Overview
Located at 7801 Thayer Dr in Fort Smith, Arkansas (Sebastian County), the site sits on approximately 0.29 acres. The property is listed for sale at the address noted and is identified as a multi-family/residential income offering.
For buyers looking for a managed, occupied residential income setup, this configuration may fit well where a small, multi-unit portfolio is preferred. The consistent unit mix of 1-bedroom, 1-bath spaces can simplify leasing and operations compared with more varied layouts. With tenants already in place and the property offered as-is, the purchase is positioned for buyers ready to assume current tenancy and conduct any due diligence for condition, layout, and future maintenance planning.
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 | $15.3k | $10.20 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $14.2k | $9.47 |
| − OpEx | −$4.3k | −$2.84 |
| NOI | $9.9k | $6.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.423971
- Latitude
- 35.310715
