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$3,859 Closing Credit¹
#1078770, Listing Office: AROK Realty, LLC
$364,000 List price
1017 S 22nd St Fort Smith, AR 72901
$4,323
Closing credit¹
3,958 sqft
0.2 acres
$92 / sqft
Multi-Family
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
Home typeQuadruplex
HeatingHeat Pump
StatusActive
CoolingCentral Air, Electric
Size3,958 sqft
Lot size0.241 Acres
Year built1975
ParkingConcrete, Covered, Carport, Detached Carport, Detached
MLS #1079257
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Summary
- MLS Number: 1079257
- MLS Name: FortSmith
- Office Name: KCP Real Estate LLC
- Office Phone: (479) 242-4001
- Office Email: keithlau45@gmail.com
Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
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, 10:16:02 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
Sell your home with Rocket and save even more!
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. Most Fort Smith, AR residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
45%
<35k
30%
35k-100k
19%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
15%
Single, with Kids
29%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
College Basketball
Where do the neighbors shop?
Family Dollar
Burlington
Dillards
Where do the neighbors go to eat?
White Castle
Church's Chicken
Logan's Roadhouse
What do the neighbors drive?
Chevrolet
Hyundai
Mazda
What do the neighbors listen to?
Rock
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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.
Over 7 listings were sold over their listed price in February 2025 in Fort Smith, AR. In the same period over 27 listings were sold below the listed price and 20 listings were sold for the listed price. Between January and February 2025, Fort Smith, AR real estate market has seen increase in the number of listings by 4.2%. While the average time on the market in February 2025 was 98 days, the median list price was $208,946.
From Rocket Homes Real Estate and based on county public records data.