#1078770, Listing Office: AROK Realty, LLC
1017 S 22nd St Fort Smith, AR 72901
Property details
About 1017 S 22nd St
Unlock a lucrative investment opportunity or significantly reduce your housing costs with this well-maintained 4-plex in a highly desirable location! This property offers a unique blend of immediate income potential and future growth possibilities. Key Features: Strategic Location: Situated just half a mile from Baptist hospital, one mile from downtown, shopping centers, and schools, attracting a diverse and reliable tenant base. Turnkey Unit: One unit has been recently renovated with high-end finishes, contemporary furnishings, and modern appliances. This unit is move-in ready, perfect for owner occupancy or immediate premium leasing. Updated Units: Additional units have received updates, ensuring tenant comfort and minimizing future maintenance costs. Solid Rental Income: Three units are currently tenant-occupied with recent lease renewals, providing consistent cash flow from day one. Short-Term Rental Potential: Explore the option to convert remaining units into profitable short-term rentals, maximizing your income potential. Shared Laundry Room: On-site shared laundry room generates additional income and enhances tenant convenience. Investment or Owner-Occupancy: Ideal for investors seeking a strong return or first-time homebuyers looking to offset mortgage costs. Financial Highlights:
Highlights
Virtual tour
Summary
- MLS Number: 1079257
- MLS Name: FortSmith
- Office Name: KCP Real Estate LLC
- Office Phone: (479) 242-4001
- Office Email: keithlau45@gmail.com
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:16:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$364,000
1017 S 22nd St
$4,323
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 29, 2022 | Home Sold | $313,500 |
Mar 09, 2022 | Home Sold | $295,000 |
Apr 16, 2018 | Home Sold | $191,000 |
May 03, 2013 | Home Sold | $160,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $38,290 | $2,010 |
2023 | $38,290 | $2,010 |
2022 | $38,290 | $2,110 |
2021 | $38,290 | $2,110 |
2020 | $38,290 | $1,934 |
2018 | $30,290 | $1,758 |
2017 | $6,380 | $334 |
History based on county public records data.
Nearby schools
6
Ballman Elementary School
Public District PK-6
0.6 mi
•2601 S Q St
3
Tilles Elementary School
Public District PK-6
1.0 mi
•815 N 16th St
5
Albert Pike Elementary School
Public District PK-6
1.3 mi
•4111 Park Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,125. The most common annual income of people living in Fort Smith, AR is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 1017 S 22nd St in Fort Smith, AR and zip code 72901. This 3,958 square foot home, which was built in 1975, sits on a 0.24 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $364,000.
In February 2025, from all listings sold in Fort Smith, AR there were more than 7 sold above asking price, over 27 sold below and more than 20 were sold right at the asked price. The number of listings in Fort Smith, AR increased by 4.2% between January and February 2025. Listings spent 98 days on the market in February 2025, and had a median list price of $208,946 during the same period.