$267,500

517-519 W Spruce St Fayetteville, AR 72703

$3,177
Closing credit¹
1,800 sqft
0.03 acres
$149 / sqft
Multi-Family

Property details

About 517-519 W Spruce St

2 condos under one roof! Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! These condos offer excellent value-add potential, making it an ideal choice for investors looking to maximize returns - being sold as one side of the fourplex but all 4 units are for sale in the building, reach out for additional details. 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! Taxes estimated. Units are condos and under a POA, covering common areas and exterior maintenance.

Highlights

Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Size1,800 sqft
BasementYes
Lot size0.03 Acres
ParkingParking Lot, Asphalt
MLS #1297245

Summary

  • MLS Number: 1297245
  • MLS Name: ARKMLS
  • Office Name: Collier & Associates
  • Office Phone: (479) 274-0662

Broker Reciprocity 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: 3/14/2025, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of single story home

$267,500

517-519 W Spruce St

$3,177

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,545. The most common annual income of people living in Fayetteville, AR is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

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/WNBANBA/WNBA
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 517-519 W Spruce St in Fayetteville, AR and zip code 72703 in the Virginia Hill neighborhood. This 1,800 square foot home sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $267,500.

In February 2025, from all listings sold in Fayetteville, AR there were more than 8 sold above asking price, over 54 sold below and more than 26 were sold right at the asked price. Between January and February 2025, Fayetteville, AR real estate market has seen decrease in the number of listings by 0.6%. Listings spent 105 days on the market in February 2025, and had a median list price of $380,624 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources