1216 N 5th St Fort Smith, AR 72901
Property details
About 1216 N 5th St
Prime Investment Opportunity: Multi-Family Units Near Downtown and Howard Elementary Welcome to 1216 N 5th St, Fort Smith, AR, where a fantastic investment opportunity awaits. This multi-family property comprises five units, each offering comfortable and convenient living spaces for tenants. Strategically located near downtown Fort Smith and in close proximity to Howard Elementary, this property is perfectly positioned to attract tenants seeking accessibility to both urban amenities and educational facilities. Property Details: Address: 1216 N 5th St, Fort Smith, AR Unit Count: 5 units Unit Breakdown:1 unit: 3 bedrooms, 1 bathroom 2 units: 2 bedrooms, 1 bathroom each 2 units: 1 bedroom, 1 bathroom each Property Type: Multi-family Features: This property offers a diverse range of units, including spacious 3-bedroom apartments, comfortable 2-bedroom units, and cozy 1-bedroom options, catering to various tenant needs. Its proximity to downtown Fort Smith ensures easy access to shopping, dining, and entertainment, while its close proximity to Howard Elementary adds appeal for families and students. Financial Details: AGI (Annual Gross Income): $24,360 PGI (Potential Gross Income): $49,200 Don't miss out on this exceptional investment opportunity! With its desirable location and attractive unit mix, 1216 N 5th St presents a lucrative prospect for investors seeking stable returns. Contact us today to capitalize on this prime investment property and secure your place in Fort Smith's thriving real estate market!
Highlights
Virtual tour
Summary
- MLS Number: 1071714
- MLS Name: FortSmith
- Office Name: Keller Williams Platinum Realty
- Office Phone: (479) 434-3000
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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$155,000
1216 N 5th St
$1,841
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $13,950 | $732 |
| 2023 | $13,950 | $732 |
| 2022 | $13,950 | $732 |
| 2021 | $13,950 | $809 |
| 2020 | $13,950 | $809 |
| 2018 | $15,640 | $783 |
| 2017 | $15,640 | $607 |
History based on county public records data.
Nearby schools
5
Howard Elementary School
Public District PK-6
0.2 mi
•1301 N 8th St
3
Tilles Elementary School
Public District PK-6
0.7 mi
•815 N 16th St
3
Trusty Elementary School
Public District KG-6
1.6 mi
•3300 Harris 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 $31,974. Typical income of Fort Smith, AR residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
White Castle
Golden Corral
Church's Chicken
What do the neighbors drive?
Chevrolet
Kia
Toyota
What do the neighbors listen to?
Rock
Adult Standards
Urban Adult Contemporary
This home is located at 1216 N 5th St in Fort Smith, AR and zip code 72901. This 2,280 square foot home sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $155,000.
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 homes for sale in Fort Smith, AR increased by 4.2% between January and February 2025. In February 2025, listings were on the market for 98 days. During the same period, the median list price in this real estate market was $208,946.