$10,000 Closing Credit¹
#1288968, Listing Office: Keller Williams Market Pro Realty Branch Office
$6,519
closing credit¹
509-515 W Spruce St Fayetteville, AR 72703
$549,000 List price
$6,519
Closing credit¹
3,400 sqft
0.3 acres
$161 / sqft
Multi-Family
Property details
About 509-515 W Spruce St
Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This four-plex offers excellent value-add potential, making it an ideal choice for investors looking to maximize returns. With rental rates currently well below market value, there’s immediate upside for savvy buyers ready to reposition and increase cash flow. The location is unbeatable for student and professional renters, promising a steady occupancy and income stream. Don’t miss this rare opportunity in Fayetteville’s competitive rental market—perfect for capitalizing on rising rental trends! These units are split as condos, so there are 4 condos in this building.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,400 sqft
Lot size0.33 Acres
ParkingAssigned, Asphalt
MLS #1292319
Summary
- MLS Number: 1292319
- MLS Name: ARKMLS
- Office Name: Collier & Associates
- Office Phone: (479) 274-0662
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$549,000
509-515 W Spruce St
$6,519
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
7
Leverett Elementary School
Public District PK-4
0.8 mi
•1124 W Cleveland St
7
Washington Elementary School
Public District PK-4
0.9 mi
•425 N Highland Ave
7
John M. Asbell Elementary School
Public District PK-4
1.3 mi
•1500 N Sang 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 $32,545. The majority of Fayetteville, AR residents have income less than $<35k annually. Typical family type is 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?
56%
<35k
32%
35k-100k
11%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
11%
Single, with Kids
13%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
4%
12-17 yrs old
47%
18-34 yrs old
26%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Forever 21
H&M
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Qdoba
What do the neighbors drive?
Pontiac
Mazda
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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New - 6 days on Rocket
$3,177 Closing Credit¹
#1297245, Listing Office: Collier & Associates
This home is located at 509-515 W Spruce St in Fayetteville, AR and zip code 72703 in the Virginia Hill neighborhood. This 3,400 square foot home sits on a 0.33 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $549,000.
Fayetteville, AR housing market in January 2025 saw over 7 listings sold above listed price, more than 40 sold at listed price and over 41 sold below. In January 2025 in Fayetteville, AR there were 5% less homes for sale than in December. While the average time on the market in January 2025 was 102 days, the median list price was $379,990.
From Rocket Homes Real Estate and based on county public records data.