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$7,000,000

7 University Ave Fayetteville, AR 72701

18,760 sqft
1.3 acres
$373 / sqft
Condo

Property details

About 7 University Ave

Attention student housing developers: Seize a rare opportunity to construct student housing within walking distance of the University of Arkansas. Perfectly positioned just 0.2 miles from the campus, 0.25 miles from Dickson Street, and a mere 0.5 miles from the Fayetteville Square, this offering is a strategic investment. This parcel totals 1.336 acres and is zoned as RMF-40. This zoning presents a unique chance to maximize unit density and optimize income potential in a high-demand area. Don't miss out on this exceptional development prospect in one of the most coveted locations near the University of Arkansas. Also available as part of a package containing 2 adjoining parcels

Highlights

Home typeCondominium
HeatingCentral
StatusSale Pending
(Pending)
CoolingCentral Air
Size18,760 sqft
Lot size1.336 Acres
Year built1960
ParkingDetached, Garage, Two Spaces, Asphalt
MLS #1261880

Summary

  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: None
  • Attached Garage: No
  • Parking: Detached, Garage, Two Spaces, Asphalt
  • Heating: Central
  • Cooling: Central Air
  • List Price: $7,000,000
  • Price/SqFt: $373
  • Lot: Corner Lot, Landscaped
  • Directions: From I49, Exit MLK turn east. Take a Left on Hill Avenue. The properties are on the corner of Hill Avenue and Center St
  • Year Built: 1960
  • Stories: 2
  • Living Area: 18,760 SqFt
  • Lot Size: 1.336 Acres
  • MLS Number: 1261880
  • MLS Name: ARKMLS
  • Office Name: Simplicity Real Estate Solutions
  • Office Phone: (479) 935-3844

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: 8/1/2025, 5:15:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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

Washington Elementary School

Public District PK-4

0.7 mi

425 N Highland Ave

7

Leverett Elementary School

Public District PK-4

0.9 mi

1124 W Cleveland St

7

John M. Asbell Elementary School

Public District PK-4

1.8 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 $16,750. Typical income of Fayetteville, AR residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

82%
<35k
17%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

81%
Single, No Kids
5%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
70%
18-34 yrs old
21%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • MazdaMazda

What do the neighbors listen to?

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

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Frequently asked questions

About 7 University Ave

The listing price of 7 University Ave property is $7,000,000.

The property 7 University Ave is a condo located in Fayetteville, Arkansas, 72701.

Sale Pending: 7 University Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 7 University Ave are: Washington Elementary School (GreatSchools Rating 7/10), Leverett Elementary School (GreatSchools Rating 7/10), John M. Asbell Elementary School (GreatSchools Rating 7/10), Ramay Junior High School (GreatSchools Rating 5/10), Woodland Junior High School (GreatSchools Rating 8/10), Greenland Middle School (GreatSchools Rating 6/10), Fayetteville High School (GreatSchools Rating 5/10), Agee Lierly Life Preparation Services School (GreatSchools Rating 2/10), Fayetteville Virtual Academy- District Conversion Charter School (GreatSchools Rating 8/10).

The property at 7 University Ave has 0 bathroom.

The property 7 University Ave is 18,760 SqFt (source: MLS/tax record).

The year of construction for 7 University Ave is 1960.

This home is located at 7 University Ave in Fayetteville, AR and zip code 72701 in the Putnam Addition neighborhood. This 18,760 square foot home, which was built in 1960, sits on a 1.34 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 1, 2023 and is currently priced at $7,000,000.

While more than 20 listings in Fayetteville, AR in July 2025 were sold above asking price, there were more than 52 listings sold at asking price, and more than 73 were sold below. The number of listings in Fayetteville, AR increased by 0.5% between June and July 2025. While the average time on the market in July 2025 was 59 days, the median list price was $395,000.

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

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