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Occupied Duplex with Attached Garages
New
For Sale
$299,000

9127 Fresno CIR, Fort Smith, AR 72903

Multifamily, Fort Smith, AR

Property Size2,100 SF
Lot Size0.30 Acres
Price / SF$142.38
Days on Market4

Property Features for 9127 Fresno CIR

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Garage - Attached
Patio and Porch features Patio
Appliances Dishwasher, Garbage Disposal, Ice Machine, Microwave, Oven, Refrigerator
Subdivision Rivermont #2
Lot features Cleared, Cul-De-Sac
Elementary school Woods
Middle school Chaffin
High school Southside
Elementary school district Fort Smith
Middle school district Fort Smith
High school district Fort Smith
Directions Driving East on Hwy22 (Rogers Ave), Turn right onto South 19th street. Then turn right onto Gary Street. Then turn left onto Fresno Street, then left onto Fresno Circle's cul de sac. The property is straight ahead.
Standard status Active
APN 16621-0013-00000-00
Size 2,100 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description LOT 13
Tax Annual Amount 2210
Legal Description LOT 13

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Central Air

Building Details

Year built 2015
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet
Roof type Shingle
Listing Agency: Sagely & Edwards Realtors
Listed By: Doug and Haley Malena Team
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 21 at 11:06PM
MLS# 1092558

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.

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Investment Insights

Based on property information with market context.

Built in 2015, this brick duplex contains two residences totaling 2,100 square feet on a 0.3025-acre lot. Each side is approximately 1,050 square feet, with three bedrooms, two full bathrooms, and a kitchen equipped with a garbage disposal, mounted microwave, and refrigerator. Both units are occupied, and attached garages serve the property.

Side A received new paint, toilets, and flooring in 2024. The property is near shopping, schools, Vertical Horizons Climbing Gym, and parks.

Key Highlights

  • Two occupied units, each with three bedrooms and two full bathrooms
  • 2,100 square feet total; approximately 1,050 square feet per unit
  • 0.3025‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,926
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,520 $278.5K
Cap Rate 7%
$198,943 $198.9K
Cap Rate 9%
$154,733 $154.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$21.4K $10.20/SF
− Vacancy
−$1.5K −$0.73/SF
EGI
$19.9K $9.47/SF
− OpEx
−$6.0K −$2.84/SF
NOI
$13.9K $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%
$278,520
Cap Rate 7%
$198,943
Cap Rate 9%
$154,733

Alternative Uses

Best Use
Multifamily LT 5
$198.9K
$174.1K – $232.1K (±1% cap)
NOI $13,926 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$177.7K
$155.5K – $207.3K (±1% cap)
NOI $12,436 @ 7.0% cap · market cap 4.16%
Theoretical Best
Healthcare Medical
$446.8K
$391.0K – $521.3K (±1% cap)
NOI $31,276 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

Demographics for 72903, AR

25,225
Population
12,079
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
16.2 sq mi
ZIP Area
1,557
Density / Sq Mi
$60,186
Median Household Income
$36,560
Median Earnings
$804
Median Rent
$216,200
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

Frequently Asked Questions

What type of property is this?
Duplex - Two occupied residences offer three-bedroom layouts and attached garage parking.
Where is this duplex located?
The property is located at 9127 Fresno CIR Fort Smith, AR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two occupied units, each with three bedrooms and two full bathrooms; 2,100 square feet total; approximately 1,050 square feet per unit; 0.3025‑acre lot
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