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1400 Jacobs Avenue , Fort Smith, AR 72908

$1,550,000
  • 1400 Jacobs Avenue , Fort Smith, AR 72908 Main Photo

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Active
BEDS0 BATHS SQUARE FEET15,920 MLS#1323333
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONBrazil Jacobs

Property Description

Fantastic investment opportunity with this 18-unit multi-family complex featuring a strong rental history and well-maintained buildings. Building 1 offers 10 spacious 2-bedroom, 1-bath units totaling 8,512 sq.ft. Built in 1987, each unit is equipped with central heat and air, washer/dryer hookups, and refrigerators. Current monthly rental revenue is $7,050. Building 2, constructed in 2021, adds 8 modern units with high-end finishes. Four units feature 2 bedrooms and 2 baths, while the remaining four are 1-bedroom, 1-bath layouts. These units showcase granite countertops, tile flooring, central heat and air, and washer/dryer hookups. Total building size is 7,408 sq. ft. with a current monthly rent roll of $6,650. Together, this complex combines established cash flow with newer construction for reduced maintenance and long-term value.

1400 Jacobs Avenue | MLS# 1323333

This home located at 1400 Jacobs Avenue , Fort Smith, AR 72908 is currently listed for sale with an asking price of $1,550,000. This property was built in 1987 and with 15920 sq. ft. Jacobs Avenue is located in the Brazil Jacobs subdivision. Search Brazil Jacobs real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential -
Cooling: Central Air, Electric
Heating: Central
Lot Size: 0.85 Acres
Roof Type: Architectural, Shingle
Stories: 2.0
Taxes: $9,321
Year Built: 1987

Amenities

None

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 160
Exterior: Brick
Fencimg: None
Flooring: Carpet, Laminate, Tile
Lot: Level, None
Parcel#: 10741-0001-00008-00
Parking: Parking Lot, Asphalt
Parking Notes: Parking Lot, Asphalt
Units: 18
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Keller Williams Platinum Realty

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: NWAKBOR MLS

Estimate Your Payment

Estimated Payment

$ 4,678.46 per month $3,449.63 Principal & Interest $776.75 Property Tax $452.08 Homeowner's Insurance

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